Your Resource for Government on Crypto
12.09.2024
Lawmakers Praise Sacks AI & Crypto Czar Appointment
Lawmakers continued to react to President-elect Trump’s decision to tap David Sacks to be White House AI & Crypto Czar. House Financial Services Committee Chair Patrick McHenry (R-NC) and Rep. French Hill (R-AR) both tweeted in support of the announcement. Chair McHenry stated that “The era of regulation by enforcement is over,” adding that “the future of the digital asset ecosystem in the U.S. is brighter than ever.” Rep. Hill noted that he looks forward to working with Sacks and President-elect Trump.