Venture capitalist David Sacks transitions from his role as special government employee to co-chair the President’s Council of Advisers on Science and Technology.
Crypto Czar No More, David Sacks Leaves Special Role
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On March 26, 2026, David Sacks announced the conclusion of his 130-day term as the specialized crypto and artificial intelligence (AI) lead for President Donald Trump. Sacks now joins the President’s Council of Advisers on Science and Technology (PCAST), a federal committee of industry and academic experts providing policy recommendations to the White House.
The transition follows Sacks’ recent divestment of over $200 million in digital asset-related holdings to comply with federal ethics standards. As a partner at Craft Ventures, he remains focused on advancing the administration’s new AI framework while advocating for local infrastructure buildouts that maintain stable residential electricity rates.
“I think moving forward as co-chair of PCAST, I can now make recommendations on not just AI but an expanded range of technology topics,” Sacks told Bloomberg.
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🧭 FAQs
• Why is David Sacks leaving his role as crypto czar? He has completed the 130-day work limit allowed for special government employees in one year.
• What is the primary 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 prominent Silicon Valley investor and a founding partner of Craft Ventures.
• Will Sacks continue to influence local AI policy? He intends to push forward the national AI framework released by the Trump administration.
