David Sacks Leaves White House Crypto Role With Key Legislation Still Unresolved
David Sacks is stepping down as the White House’s AI and crypto czar after reaching the 130-day limit as a special government employee. During his tenure, he played a key role in forming the Trump administration's crypto agenda, advocating for clearer digital asset regulations, market structure and stablecoin legislation, and a strategic U.S. Bitcoin reserve. However, major legislative efforts remain unfinished, including market structure and stablecoin reforms, with Congress still debating the CLARITY Act and other proposals stalled by resistance and industry divisions. Plans for a permanent White House crypto council were dropped in favor of internal working groups and periodic summits. Sacks sold his crypto holdings before assuming his role to avoid conflicts of interest but continued to push for regulatory clarity. He will remain involved as co-chair of the President’s Council of Advisors on Science and Technology, advising on technology policy, including AI. The administration’s crypto policy agenda and regulatory framework remain unresolved as his tenure ends.
