U.S. President-elect Donald Trump named David Sacks, a prominent right-wing venture capitalist and close associate of Elon Musk, as the incoming administration’s “White House A.I. & Crypto Czar.” The announcement was made on Trump’s social media platform, Truth Social, where he emphasized the critical importance of artificial intelligence (AI) and cryptocurrency for America’s future.

“AI and cryptocurrency are two areas critical to the future of American competitiveness,” Trump stated, highlighting the strategic significance of Sacks’ appointment. Sacks will oversee efforts to position the United States as a global leader in both sectors, reflecting a key priority for the Trump administration as it prepares to take office.

Beyond advancing America’s market dominance in AI and digital currencies, Sacks will also play a pivotal role in addressing Trump’s ongoing concerns about what he perceives as a liberal bias in big tech. According to Trump, Sacks will be tasked with safeguarding free speech online and steering the country away from “big tech bias and censorship.”

This move aligns with Trump’s broader critique of companies like Meta, which he has accused of stifling conservative voices. By putting Sacks at the helm, the administration signals its intent to pursue regulatory changes that could reshape the relationship between tech giants and users, particularly in the realm of free expression.

In his new role, Sacks will also focus on the burgeoning cryptocurrency industry. Trump revealed that Sacks will spearhead efforts to create a legal framework that provides much-needed clarity to the crypto sector, enabling it to thrive within U.S. borders. The lack of clear regulations has long been a point of contention for industry leaders, who argue it hampers innovation and pushes businesses offshore.

In addition to his responsibilities as A.I. and Crypto Czar, Sacks will chair the president-elect’s advisory board on science and technology. This dual role positions him at the forefront of Trump’s agenda to strengthen America’s technological infrastructure and maintain its global edge.