Trump Appoints David Sacks, Former PayPal AI COO and Crypto Czar Reuters


© Reuters. FILE PHOTO: David Sacks, former CEO of Yammer, speaks during Day 1 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 15, 2024. REUTERS/Mike Segar/File Photo

(Reuters) – U.S. President-elect Donald Trump said on Thursday he is appointing former PayPal (NASDAQ: ) COO David Sacks as his White House artificial intelligence and crypto czar.

“He will work on a legal framework so that the crypto industry has the clarity it has been looking for and can thrive in the US,” Trump said in a post on his social media site Truth Social.





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