Trump Issues Ethics Waiver For His AI/Crypto Czar

[Passages]

The White House granted the waiver to David Sacks a month after Trump fired the director of the independent agency charged with enforcing federal ethics statutes.

Crypto
Mar 13, 2025

Luke Goldstein

The Trump administration has issued a blanket ethics waiver to venture capitalist David Sacks, now the president’s special adviser for artificial intelligence and crypto, clearing him to work on regulatory issues directly related to his financial holdings, according to a White House memorandum reviewed by The Lever.

The waiver comes a month after President Donald Trump fired the Senate-confirmed director of the Office of Government Ethics — the independent agency responsible for enforcing federal ethics laws.

“I am granting you a waiver… of any conflict of interest regarding particular matters of general applicability concerning the digital asset industry,” reads the March 5 memo to Sacks from White House counsel David Warrington.

A crypto industry multimillionaire, Sacks has previously denied any current conflicts of interest in his new governmental role. But the new memorandum states that Sacks’s own disclosure materials note he retains financial interests in venture capital funds that “may presently have some minor digital asset industry holdings or might in the future.”
https://www.levernews.com/trump-issues-ethics-waiver-for-his-ai-crypto-czar/

No Democrat should be supportive of crypto on any level, none.

Joseph Stiglitz: 'We should shut down the cryptocurrencies'
CNBC
https://www.cnbc.com › 2019/05/02 › joseph-stiglitz-w...
May 6, 2019 — Joseph Stiglitz, a Nobel-Prize winning economist, says cryptocurrencies should be shut down. He worries that they enable illicit activity by making money ...

[sop]

1. If Trump is already granting a waiver for any conflict of interest, there must be a shitload of skulduggery afoot.

[Norrrm]

2. Here's your sign!