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President Trump Taps Previous “PayPal Mafia” Member for AI and Crypto Czar Role


President Donald Trump has appointed David Sacks as the White House’s AI and Crypto Czar.

He’s tasking him with creating America’s future in tech and digital currency.

You’d think they’d each have their own departments, so this should be interesting.

President Trump highlighted Sacks’ mission to make the U.S. a global leader in artificial intelligence and cryptocurrency.

So he chose Sacks, who was the COO and product leader of PayPal.

Curiously, he also wants him to “safeguard Free Speech online.”

CoinDesk reports:

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The “PayPal Mafia” alum will work to ensure the crypto industry has the legal framework and clarity it has been asking for, Trump said in a TruthSocial post.

President-elect Donald Trump has named David Sacks as the White House’s AI and Crypto Czar, announcing the appointment in a TruthSocial post Thursday night.

“David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas,” Trump posted.

Trump said that one of Sacks’ responsibilities will be to “safeguard Free Speech online, and steer us away from Big Tech bias and censorship.”

“[Sacks] will work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in the U.S,” Trump said.

Here’s Jesse Watters interviewing him back in June:



 

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