David Sacks, the White House's AI and crypto czar, has announced his resignation from the role. He will transition to co-chairing the President's Council of Advisers on Science & Technology (PCAST), a federal advisory committee that provides recommendations on technology and innovation policy.
Sacks, a South African-born entrepreneur and former PayPal COO, was appointed to the AI and crypto role in December 2024 by then-President-elect Donald Trump. He confirmed his departure during an interview on Bloomberg Television on March 26, stating he had completed his 130-day term as a special government employee.
In his new role as PCAST co-chair, Sacks will expand his advisory scope beyond AI to include a broader range of technology topics. He emphasized his continued commitment to advancing Trump's AI framework, which was released last week. Sacks has been a prominent figure in the White House since Trump's second term began, frequently advising the president on technology and innovation.
Last fall, Sacks indicated the Trump administration's goal to streamline permitting and power generation for companies, aiming to facilitate rapid infrastructure buildouts without increasing residential electricity rates. In March 2025, a White House memo revealed that Sacks had sold over $200 million in digital asset-related investments.
Sacks is a longtime Silicon Valley entrepreneur and investor, currently a partner at Craft Ventures, which he co-founded in 2017.