Elizabeth Warren investigates David Sacks, raising concerns about ethics in crypto policy
Senator Elizabeth Warren and other liberal lawmakers are launching an investigation targeting David Sacks, AI and crypto advisor to President $TRUMP . The investigation focuses on whether Mr. Sacks may have exceeded the 130-day limit working as a temporary government employee, while also raising ethical questions.
Concerns about conflicts of interest
As a "Special Government Employee," Mr. Sacks is allowed to maintain his role at Craft Ventures, a venture capital fund focused on AI and crypto, while still participating in policy planning at the White House. Senator Warren believes that Mr. Sacks's potential overstepping of work time limits would raise ethical concerns, especially as the administration prepares to implement new crypto laws.
The connection between policy and business
This investigation was initiated just days after #NewYorkTimes published an investigative article linking the business operations of the Trump family's crypto platform, World Liberty Financial, with a recent AI chip deal between the U.S. government and the UAE. According to reports, Mr. Sacks played a key role in finalizing this deal. This highlights the intersection of public policy and personal business interests, a sensitive issue that needs transparency. The request from lawmakers for details about Mr. Sacks's activities is a necessary step to ensure integrity and fairness in the cryptocurrency policy-making process. #anh_ba_cong
