President Donald Trump has appointed David Sacks, the White House AI and crypto czar, as co-chair of the President's Council of Advisors on Science and Technology (PCAST), significantly expanding Sacks' role within the administration [1]. The council, established through an executive order on Wednesday, aims to bring together leading figures in science and technology to advise the president and strengthen U.S. leadership in these fields [1]. Sacks will continue his responsibilities as AI and crypto czar while overseeing a broader portfolio of technology issues, deepening the White House’s engagement with major tech companies [1].
The PCAST will include up to 24 members, featuring prominent industry leaders such as Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg, and Oracle co-founder Larry Ellison [1]. According to a senior adviser, Sacks' expanded role will allow him to advise on a wider range of critical tech issues, while maintaining his focus on AI and crypto policy [1].
Under Sacks' guidance, the administration has enacted several policy shifts, including rolling back prior restrictions and expanding federal oversight of artificial intelligence [1]. Trump signed an executive order in his first week in office revoking a Biden-era policy that took a more cautious approach to emerging technologies like AI and blockchain [1]. In December 2025, Trump established a national framework for AI regulation, preempting state-level rules and emphasizing the need for U.S. companies to innovate without cumbersome regulation [1]. The White House's "Winning the AI Race" action plan, released in July 2025, outlined over 90 federal policy initiatives to accelerate innovation, build infrastructure, and strengthen the nation's global AI position [1]. More recently, a national AI policy framework was unveiled to create consistent standards for development and address concerns around censorship, free speech, and child protection [1].
Sacks has also influenced the administration’s cryptocurrency agenda. Trump signed an executive order promoting U.S. leadership in digital assets, banning the development of a central bank digital currency, and creating a presidential working group on the issue [1]. In March 2025, Trump established a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, positioning the U.S. as a leader in government-backed digital asset strategy [1]. Congress passed the GENIUS Act in July 2025, marking the first major federal legislation in this area [1].
CONCLUSION
David Sacks' appointment as co-chair of PCAST marks a significant expansion of the Trump administration's focus on technology, particularly AI and crypto. The inclusion of top industry leaders and sweeping policy changes signal a high-impact shift toward innovation and regulatory consistency. Market participants should expect continued momentum in U.S. tech leadership and digital asset strategy.