David Sacks
176 posts
@davidsacks47
White House A.I. & Crypto Czar
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.
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.
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.
Honored to spearhead today’s landmark summit in collaboration with @DeputySecState, @DavidSacks47, Ethan Klein, alongside other colleagues across the administration. Pax Silica brings together some of the world’s most technologically advanced nations to build a secure, resilient, and trusted technology ecosystem. Economic security is national security — and together, we’re strengthening supply chains from minerals to semiconductors to computers and networks.
