The Rise of David Sacks in the Trump Administration
In a dimly lit cigar bar just a block away from the White House, a group of influential figures gathered in February for an event that would mark a turning point in the political and technological landscape. Among them was David Sacks, a white-haired man in a tailored suit, who had recently been appointed as the artificial intelligence and cryptocurrency czar under President Donald Trump. This meeting, hosted by prominent MAGA figure Mike Cernovich and Bitcoin entrepreneur Erik Fineman, brought together podcasters, tech investors, and political commentators.
Tim Pool, a well-known podcaster, hosted a live recording during the event, capturing the atmosphere of camaraderie and shared vision among attendees. Sacks, a billionaire Silicon Valley investor, had made a bold move to support Trump in the summer of 2024, recognizing the stakes if Joe Biden won re-election. His fundraiser at his San Francisco mansion sent a clear message to the tech community that aligning with Trump was not only acceptable but also appealing.
This strategic move proved to be a success, as Sacks quickly became one of the president’s top advisers. He played a pivotal role in shaping the Republican approach to tech policy and gained a significant following in Washington, DC. His influence extended beyond policy discussions, as he helped bring new supporters into the MAGA movement.
A New Era for Tech Policy
Sacks’ rise to prominence was not solely due to his financial acumen but also his ability to connect with people. As a co-host of the popular podcast “All In,” he and his three poker buddies had built a loyal audience over the years. Their show attracted a diverse range of listeners, from staunch MAGA supporters to liberal vegans, creating a dynamic platform for discussion on various issues.
After the summer fundraiser, the group invited Trump onto their podcast, where he engaged in a lively conversation about the economy and technology. Sacks’ gamble paid off when Trump appointed him to the administration, giving him unprecedented influence in emerging industries.
At the exclusive “Crypto Ball” in January, celebrating Trump’s inauguration, Sacks expressed his excitement about the future of cryptocurrency. “The reign of terror against crypto is over,” he declared to a cheering crowd. His new role thrust him into the unfamiliar social landscape of Washington, DC, where he quickly adapted.
Integrating into Washington Society
Despite his high-profile status, Sacks maintained a calm and unassuming demeanor. He purchased a $10 million property in Northwest DC and was often spotted at the Ned’s club near the White House. Friends and colleagues described him as a “chill guy” who could blend in easily.
Sacks’ presence in Washington did not go unnoticed. Young professionals and staffers often asked, “Is that him?” when he entered a room, eventually leading to cautious interactions and photo opportunities. In May, he launched his own private “Executive Branch” club in Georgetown, aiming to create a more modern and Trump-aligned space free from lobbyists and “fake news” reporters.
The club, which requires a hefty membership fee, has become a hub for elite professionals. However, Sacks is not confined to this exclusive space, as he frequently attends other events around the city.
Shaping the Future of AI
This week, Sacks celebrated a milestone achievement with the release of the administration’s new 28-page AI Action Plan at a summit in Washington, DC. The event, co-hosted by the All-In podcast, featured interviews with key figures such as Vice President JD Vance and Treasury Secretary Scott Bessent.
President Trump himself appeared at the summit, delivering a speech on the future of artificial intelligence and praising Sacks as a “smart guy.” He reflected on the impact of the podcast, stating, “I did that podcast a year and a half ago and I said, ‘This is something.’ It was pretty new, pretty raw.”
The four friends watched as the president prioritized issues they had discussed on their podcast for years, translating their conversations into tangible policy positions. Trump emphasized the importance of rejecting “poisonous Marxism” in technology, encouraging American companies to align with his vision.
A Visionary in Washington
With his wealth, podcast popularity, and growing political influence, Sacks has become a significant figure in Washington in just six months. His ability to navigate both the tech and political worlds sets him apart from other Silicon Valley entrepreneurs who often struggle with the complexities of Washington bureaucracy.
As the Trump administration continues to shape its policies, Sacks remains at the forefront, bridging the gap between innovation and politics. His journey from a Silicon Valley investor to a key adviser highlights the evolving relationship between technology and governance in the modern era.
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