David Sacks, the venture capitalist appointed by President Donald Trump as the White House’s crypto and AI czar, has completed his 130-day tenure in that role. Speaking to Bloomberg on Thursday, Sacks confirmed the conclusion of his initial appointment, saying, “We’ve now used up that time.” He will now serve as co-chair of the President’s Council of Advisors on Science and Technology (PCAST), where he will issue policy recommendations across a wider range of technology sectors. A senior adviser to the president, quoted by Fox Business, indicated that Sacks would continue to function as crypto and AI czar in addition to taking on this expanded portfolio.
Sacks has been a central figure in shaping technology policy since Trump’s appointment of him in 2025. During his tenure as crypto and AI czar, he helped the President’s Working Group on Digital Asset Markets produce a 166-page report in July that outlined recommendations for regulating the crypto industry. He also contributed to the Trump administration’s release of an AI framework on March 20, which aims to foster AI innovation and workforce development while safeguarding children and intellectual property rights. His influence extended to legislative efforts, including the passage of the stablecoin-focused GENIUS Act in July.
Sacks continues to advocate for additional crypto legislation, including the CLARITY Act, which addresses crypto market structure. In his new PCAST role, he described a process in which council members would “study issues together” before delivering formal recommendations to regulators. The council’s mandate spans artificial intelligence, cryptocurrency, health care, and quantum computing. Sacks emphasized that a primary objective of PCAST is to align federal and state governments on a unified AI strategy, stating that the president has called for “one rulebook.”
PCAST will be composed of 13 technology leaders drawn from across the industries it covers. Among those joining Sacks are Nvidia‘s Jensen Huang, Meta‘s Mark Zuckerberg, AMD‘s Lisa Su, Oracle‘s Larry Ellison, Andreessen Horowitz‘s Marc Andreessen, and Dell Technologies‘ Michael Dell. The breadth of representation signals an intent to draw on expertise from the most prominent names in the technology sector. The council’s composition reflects the administration’s focus on maintaining American competitiveness across multiple emerging technology fields.
The sole crypto-native member of PCAST is Fred Ehrsam, who co-founded Coinbase alongside Brian Armstrong in 2012. Ehrsam later co-founded crypto-focused venture capital firm Paradigm in 2018. His inclusion underscores the administration’s continued interest in integrating industry expertise directly into its advisory structures. The broader council composition suggests the White House intends PCAST to serve as a high-level bridge between the private technology sector and federal policymakers.
Originally reported by CoinTelegraph.
