On March 26, 2026, David Sacks announced the end of his 130-day tenure as a specialist crypto and artificial intelligence (AI) official for President Donald Trump. Sacks now joins the President’s Council of Advisors on Science and Technology (PCAST), a federal committee of industry and academic experts who make policy recommendations to the White House.
This transition follows Sacks’ recent divestment of more than $200 million in digital asset-related securities to comply with federal ethical standards. As a partner at Craft Ventures, he remains focused on advancing the administration’s new AI framework while advocating for building local infrastructure that keeps residential electricity rates stable.
“I think as co-chair of PCAST, I can now make recommendations not only on AI, but also on a broader range of technology topics,” Sacks told Bloomberg.
🧭FAQs
• Why is David Sacks leaving his role as crypto czar? In one year he reached the limit of 130 working days authorized for special government employees.
• What is the main function of PCAST? This federal committee provides science and technology policy recommendations directly to the president.
• Where is David Sacks based professionally? Sacks is a leading investor in Silicon Valley and a founding partner of Craft Ventures.
• Will Sacks continue to influence local AI policy? He intends to advance the National AI Framework released by the Trump administration.
