According to a spokesperson, David Sacks, the U.S. head of artificial intelligence and cryptocurrency, denied that he may have violated the 130-day limit on his tenure as a Special Government Employee (SGE). This was previously questioned by several U.S. lawmakers.
According to CNBC, Sacks' spokesperson stated on Wednesday that he would strictly manage his SGE workdays to ensure they do not exceed the limit, and these days do not need to be consecutive.
Previously, Massachusetts Senator Elizabeth Warren and other lawmakers questioned whether Sacks exceeded the allowed workdays during his short-term federal appointment.
“We are investigating whether you have exceeded the time limit for your temporary position as a special advisor on artificial intelligence and cryptocurrency at the White House.” This letter was signed by Elizabeth Warren, four other U.S. senators, and three House representatives and sent to David Sacks.
Since David Sacks was appointed in December 2024, he has been a staunch supporter of the cryptocurrency industry. This appointment has drawn industry attention and sparked discussions about how he will promote cryptocurrency policy before the 2026 midterm elections.
Lawmakers believe that Sacks, as an SGE, can work a maximum of 130 days per year and should disclose the number of days he has served since President Trump took office on January 20.
As of Wednesday, there have been a total of 167 workdays since Trump took office (excluding U.S. public holidays). To comply with the 130-day limit, Sacks would need to take at least 37 days off during this period.
The 130-day tenure limit for SGEs is designed to prevent conflicts of interest, as SGEs typically retain private sector jobs while temporarily serving the government. Lawmakers believe that Sacks should maintain his government position for his own interests:
“Through Craft Ventures and other holdings, you are deeply invested in cryptocurrency and artificial intelligence companies that you have the ability to influence, as the nation’s ‘crypto and AI czar.’ The White House has waived ethical restrictions, allowing you to retain these investments while regulating related industries.”
According to Cointelegraph, they have contacted David Sacks but had not received a response by the time of publication.
Earlier this year, David Sacks disclosed that he had sold all his cryptocurrencies before Trump took office.
Reports indicate that Elizabeth Warren had previously questioned David Sacks on this matter and requested proof of his claims of no longer holding digital assets on March 6.
In her letter to David Sacks, Elizabeth Warren pointed out that Trump and “other private individuals” would directly benefit from the executive branch's digital asset policies.
She expressed concern over potential conflicts of interest for David Sacks and requested that he publicly disclose all financial information to the government ethics office and provide information related to his “Special Government Employee” status.
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Original: “U.S. Cryptocurrency Head David Sacks Denies Overstepping Tenure Under Elizabeth Warren Scrutiny”
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