NASDAQ:CXAIW 5 March 2026

March 26, 2026, 9:16 PM EDT. David Sacks, former Special Advisor on AI and Cryptocurrency to President Donald Trump, has stepped down from his role as a special government employee due to term limits. He will now serve as co-chair of the President's Council of Advisors on Science and Technology (PCAST), where he will provide broader technology recommendations to the White House. Sacks' previous aggressive policy initiatives, including attempts to ban state AI laws, sparked political backlash and hindered legislative progress. His transition marks a shift from direct Oval Office influence to an advisory capacity focused on studying tech issues and offering guidance. The White House continues to bolster PCAST with tech leaders such as Mark Zuckerberg and Sergey Brin.