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Democrats are investigating Trump crypto advisor David Sacks over a possible SGE violation

engadget.com Unknown 2025-09-18 22:58:03

Senator Elizabeth Warren (D-MA) and Representative Melanie Stansbury (D-N.M.) are leading a group of congressional Democrats in investigating White House Special Advisor David Sacks for possibly serving in his position for longer than he's allowed. Sacks, a former PayPal executive and venture capitalist at Craft Ventures, was originally picked by President Donald Trump to be the "White House A.I. & Crypto Czar" in 2024. "Any effort to stay beyond the time limits imposed on you as a Special Gove

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Sen. Warren presses Trump AI and crypto czar Sacks on whether he's overstayed his job

cnbc.com Mackenzie Sigalos 2025-09-19 13:12:32

U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. What was meant to be a short-term assignment for venture capitalist David Sacks in President Donald Trump's White House appears to have stretched into something much bigger, according to leading Democratic lawmakers. Sen. Elizabeth Warren, D-Mass., and Rep. Melanie Stansbury, D-N.M., have teamed up with a number of other progressive poli

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US tech czar warns China is only two years behind in semiconductor and chip design

techspot.com Skye Jacobs 2026-02-27 09:57:00

TL;DR: White House technology adviser David Sacks has raised concerns that China is rapidly narrowing the gap with the United States in semiconductor design, estimating the difference is now just one and a half to two years. In a recent interview with Bloomberg, Sacks said Chinese companies, especially Huawei, have become adept at finding ways around US restrictions on advanced chip technology. According to Sacks, Huawei is making swift progress in chip design and could soon begin exporting its

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