Democrats are investigating Trump crypto advisor David Sacks over a possible SGE violation
The article discusses an investigation led by Senator Elizabeth Warren (D-MA) and Representative Melanie Stansbury (D-N.M.) into David Sacks, a White House Special Advisor appointed by former President Donald Trump to be the "White House A.I. & Crypto Czar" in 2024. The investigation centers on a possible violation of the 130-day limit for Special Government Employees (SGEs), as Sacks may have been working in his advisory role for longer than the allowed period. The Democrats are seeking a detailed account of Sacks' work and any potential conflicts of interest, as he was a former PayPal executive and venture capitalist with ties to the crypto industry. The article also mentions the Trump administration's crypto-friendly policies, such as the creation of a federal Bitcoin stockpile and the establishment of a regulatory framework for stablecoins, which may have been influenced by Sacks' involvement.
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