Trump Appoints Former PayPal COO as White House AI and Cryptocurrency Head

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Dec 06, 2024
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U.S. President-elect Donald Trump announced the appointment of David Sacks, former Chief Operating Officer (COO) of PayPal, as the head of artificial intelligence and cryptocurrency affairs at the White House. This move highlights the growing importance of these sectors in the upcoming administration's agenda. Sacks' experience in the tech industry is expected to play a crucial role in shaping policies related to AI and digital currencies.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.