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- 📊 Gate.io Reserves Surpass $10 Billion!
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Trump's latest nominations: DavidSacks as the first "AI and Cryptocurrency czar", and DavidPerdue as the ambassador to China
On Friday local time, US President-elect Trump announced two new nominations: David Sacks will serve as the first 'AI and Crypto Assets czar', and David Perdue will serve as the US ambassador to China.
First AI and Cryptocurrency Director of the White House
Latest, Trump said he selected David Sacks, a risk investor from Craft Ventures LLC, to serve as the White House 'AI and Cryptocurrency Tsar'.
Trump posted, 'David Sacks will guide the government's policies on artificial intelligence and cryptocurrency. These two areas are crucial to America's future competitiveness, and he will strive to make America a global leader in these two fields.'
Trump said David Sacks will protect freedom of speech on the internet and guide people away from the bias and censorship of large tech companies. He will work to establish a legal framework so that the cryptocurrency industry can get the clarity it has been seeking and thrive in the United States.
The appointment of this new position indicates that Trump is constantly fulfilling his campaign promises. He previously promised to make the United States the global capital of cryptocurrency and support the idea of establishing a strategic BTC reserve.
In addition, Trump said that David Sacks will also lead the President's Council of Advisors on Science and Technology.
According to the information, David Sacks is a venture capitalist and a member of the Silicon Valley 'PayPal Mafia'.
Initially, he gained fame in the technology industry while serving as the Chief Operating Officer of PayPal, and he was a close friend of Musk.
Later, he founded the workplace communication company Yammer, which was acquired by Microsoft for $1.2 billion in 2012.
In 2017, he founded his own venture capital firm Craft Ventures and invested in Musk's companies, including SpaceX.
David Perdue is the US ambassador to China
At the same time, Trump announced the appointment of former Senator David Perdue as the US ambassador to China.
Trump said, "He will play a key role in implementing the strategic peace in the region and establishing productive relationships with Chinese leaders."
Perdue has worked in Singapore and Hong Kong, helping American companies find cheap labor in Asian countries before turning to politics.
According to an opinion piece he wrote in 2019, during the first trade war, he told Liu He, China's chief negotiator at the time, that "cooperation is our ultimate goal."
In this regard, the 74-year-old Perdue said, "I have lived in Asia twice, and I am well aware of the seriousness of this responsibility, and I look forward to implementing President Trump's strategy to make the world safe again and to represent the interests of the United States in China."
Source: Sina
Author: Hong Kong Stock Matters