Trump Boosts Tech Team with New Co‑Chair
The President has added David Sacks, known for his work in AI and cryptocurrency, to head the newly created Council of Advisors on Science and Technology. The council was established by an executive order this week to bring together top scientists and tech leaders, guiding national policy on emerging technologies.
Key Members
• David Sacks – AI & crypto pioneer
• Jensen Huang (Nvidia)
• Mark Zuckerberg (Meta)
• Larry Ellison (Oracle)
Expanded Role
Sacks’ responsibilities now span beyond crypto and AI. He will advise on a broader range of technology matters, helping the White House deepen ties with major tech firms. In interviews, he emphasized that the administration aims to keep technology advancing at full speed.
Council’s Purpose
- Strengthen America’s position in science and tech, a priority highlighted by the President since taking office.
- Reverse earlier restrictions on emerging technologies.
- Set up a national framework for AI regulation, preempting state rules.
July 2025 Innovation Plan
A separate plan released in July 2025 lists more than 90 federal initiatives to:
- Accelerate innovation
- Build infrastructure
- Improve global AI competitiveness
The policy balances regulation with concerns about censorship, free speech, and child safety.
Crypto‑Focused Moves
- Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile position the country as a leader in digital assets.
- The GENIUS Act creates a regulatory framework for payment stablecoins with bipartisan support.
- Regulatory pressure on the crypto industry has eased: several SEC investigations were dropped, and crypto‑friendly leaders were placed in key agencies.
- The Consumer Financial Protection Bureau was defunded—a move praised by Sacks as a relief for the industry.
Outlook
The new council signals an aggressive push to keep America at the forefront of technology while streamlining rules that could slow innovation. Its success will hinge on balancing progress with safety and public trust.
