Trump Appoints David Sacks as AI and Crypto Czar

President-elect Donald Trump has appointed venture capitalist David Sacks, an ally of Elon Musk, as the White House's AI and cryptocurrency tsar. Sacks, a former PayPal colleague of Musk and a vocal Trump supporter, will focus on creating a legal framework for the crypto industry and addressing AI regulation. His appointment strengthens ties between Trump's administration and Silicon Valley, traditionally a Democratic stronghold. Sacks's role is advisory, allowing him to maintain his venture capital activities.