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David Sacks

Verified account The White House

@davidsacks47

White House A.I. & Crypto Czar
Joined January 2025
80 Following 273K Followers 175 Posts

Latest posts 5

David Sacks Verified account @davidsacks47
With today’s vote to advance crypto market structure legislation out of the @SenateAg Committee, we are one step closer to establishing the necessary regulatory framework to make the United States the crypto capital of the world.

Thank you to Chairman @JohnBoozman as well as his staff for their leadership throughout this process. While the vote was partisan, a number of Democrat members stated their commitment to passing this important legislation. We will continue to work with them on a bipartisan basis to achieve that goal.
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David Sacks Verified account @davidsacks47
Passage of market structure legislation remains as close as it’s ever been. The crypto industry should use this pause to resolve any remaining differences. Now is the time to set the rules of the road and secure the future of this industry.
Senator Tim Scott Verified account @SenatorTimScott Jan 15
I’ve spoken with leaders across the crypto industry, the financial sector, and my Democratic and Republican colleagues, and everyone remains at the table working in good faith.

As we take a brief pause before moving to a markup, this market structure bill reflects months of serious bipartisan negotiations and real input from innovators, investors, and law enforcement.

The goal is to deliver clear rules of the road that protect consumers, strengthen our national security, and ensure the future of finance is built in the United States.
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David Sacks Verified account @davidsacks47
Extraordinarily excited to have the leadership of @MichaelSelig as Chair of CFTC at this critical juncture for digital assets. Along with SEC Chair @SECPaulSAtkins, President Trump has created a dream team to define clear regulatory guidelines for the 21st century.
Mike Selig Verified account @MichaelSelig Dec 22, 2025
I am honored to be confirmed as the 16th Chairman of the @CFTC.

I want to again express my gratitude to President Donald J. Trump @POTUS for placing his trust and confidence in me to lead the agency during this historic time. I also want to thank @SenateAgGOP and the U.S. Senate for a smooth and speedy confirmation, @DavidSacks for his leadership in revitalizing American entrepreneurship, innovation, and productivity by modernizing legacy regulations and cutting red tape, @SECPaulSAtkins and @HesterPeirce for their guidance, wisdom, and mentorship during my time at @SECGov, @CarolineDPham for her strong stewardship of the CFTC as Acting Chairman, @giancarloMKTS for setting an example of principled governance that inspired me to follow in his footsteps, and all who supported me throughout the process.

Today begins a new chapter for the CFTC. We are at a unique moment as a wide range of novel technologies, products, and platforms are emerging, retail participation in the commodity markets is at an all-time high, and Congress is poised to send digital asset market structure legislation that will cement the U.S. as the Crypto Capital of the World to the President’s desk. I welcome the vital responsibility to oversee the stability and security of America’s commodity derivatives markets during this period of rapid transformation. No agency is better suited to pioneer common-sense rules of the road for the new financial markets of America’s Golden Age than the Commodity Futures Trading Commission. Under my leadership, the CFTC will conquer these great frontiers and ensure that the innovations of tomorrow are Made in America.

Onwards.
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David Sacks Verified account @davidsacks47
We had a great call today with Chairmen @SenatorTimScott and @JohnBoozman who confirmed that a markup for Clarity is coming in January. Thanks to their leadership, as well as @RepFrenchHill and @CongressmanGT in the House, we are closer than ever to passing the landmark crypto market structure legislation that President Trump has called for. We look forward to finishing the job in January!