The post Elizabeth Warren raises ethics concerns over White House crypto czar David Sacks’ tenure appeared on BitcoinEthereumNews.com. Democratic lawmakers pressed David Sacks, President Donald Trump’s “crypto and AI czar,” on Sept. 17 to disclose whether he has exceeded the time limits of his temporary White House appointment, raising questions about possible ethics violations. In a letter signed by Senator Elizabeth Warren and seven other members of Congress, the lawmakers said Sacks may have surpassed the 130-day cap for Special Government Employees, a category that allows private-sector professionals to serve the government on a part-time or temporary basis. The Office of Government Ethics sets the cap to minimize conflicts of interest, as SGEs are permitted to continue receiving outside salaries while in government service. Warren has previously raised similar concerns around Sacks’ appointment. Conflict-of-interest worries Sacks, a venture capitalist and general partner at Craft Ventures, has played a high-profile role in shaping Trump administration policy on digital assets and artificial intelligence. Lawmakers argued that his private financial ties to Silicon Valley raise serious ethical questions if he is no longer within the bounds of SGE status. According to the letter: “When issuing your ethics waiver, the White House noted that the careful balance in conflict-of-interest rules for SGEs was reached with the understanding that they would only serve the public ‘on a temporary basis. For you in particular, compliance with the SGE time limit is critical, given the scale of your conflicts of interest.” The group noted that Sacks’ private salary from Craft Ventures is permissible only under the temporary provisions of his appointment. If he has worked past the legal limit, the lawmakers warned, his continued dual roles could represent a breach of ethics. Counting the days According to the letter, Sacks was appointed in December 2024 and began working around Trump’s inauguration on Jan. 20, 2025. By the lawmakers’ calculation, he reached the 130-day threshold in… The post Elizabeth Warren raises ethics concerns over White House crypto czar David Sacks’ tenure appeared on BitcoinEthereumNews.com. Democratic lawmakers pressed David Sacks, President Donald Trump’s “crypto and AI czar,” on Sept. 17 to disclose whether he has exceeded the time limits of his temporary White House appointment, raising questions about possible ethics violations. In a letter signed by Senator Elizabeth Warren and seven other members of Congress, the lawmakers said Sacks may have surpassed the 130-day cap for Special Government Employees, a category that allows private-sector professionals to serve the government on a part-time or temporary basis. The Office of Government Ethics sets the cap to minimize conflicts of interest, as SGEs are permitted to continue receiving outside salaries while in government service. Warren has previously raised similar concerns around Sacks’ appointment. Conflict-of-interest worries Sacks, a venture capitalist and general partner at Craft Ventures, has played a high-profile role in shaping Trump administration policy on digital assets and artificial intelligence. Lawmakers argued that his private financial ties to Silicon Valley raise serious ethical questions if he is no longer within the bounds of SGE status. According to the letter: “When issuing your ethics waiver, the White House noted that the careful balance in conflict-of-interest rules for SGEs was reached with the understanding that they would only serve the public ‘on a temporary basis. For you in particular, compliance with the SGE time limit is critical, given the scale of your conflicts of interest.” The group noted that Sacks’ private salary from Craft Ventures is permissible only under the temporary provisions of his appointment. If he has worked past the legal limit, the lawmakers warned, his continued dual roles could represent a breach of ethics. Counting the days According to the letter, Sacks was appointed in December 2024 and began working around Trump’s inauguration on Jan. 20, 2025. By the lawmakers’ calculation, he reached the 130-day threshold in…

Elizabeth Warren raises ethics concerns over White House crypto czar David Sacks’ tenure

2025/09/18 07:37
2 min di lettura
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.

Democratic lawmakers pressed David Sacks, President Donald Trump’s “crypto and AI czar,” on Sept. 17 to disclose whether he has exceeded the time limits of his temporary White House appointment, raising questions about possible ethics violations.

In a letter signed by Senator Elizabeth Warren and seven other members of Congress, the lawmakers said Sacks may have surpassed the 130-day cap for Special Government Employees, a category that allows private-sector professionals to serve the government on a part-time or temporary basis.

The Office of Government Ethics sets the cap to minimize conflicts of interest, as SGEs are permitted to continue receiving outside salaries while in government service. Warren has previously raised similar concerns around Sacks’ appointment.

Conflict-of-interest worries

Sacks, a venture capitalist and general partner at Craft Ventures, has played a high-profile role in shaping Trump administration policy on digital assets and artificial intelligence.

Lawmakers argued that his private financial ties to Silicon Valley raise serious ethical questions if he is no longer within the bounds of SGE status.

According to the letter:

The group noted that Sacks’ private salary from Craft Ventures is permissible only under the temporary provisions of his appointment. If he has worked past the legal limit, the lawmakers warned, his continued dual roles could represent a breach of ethics.

Counting the days

According to the letter, Sacks was appointed in December 2024 and began working around Trump’s inauguration on Jan. 20, 2025. By the lawmakers’ calculation, he reached the 130-day threshold in late May if counting every calendar day, or late July if counting business days.

As of Sept. 17, they said, he had served for 167 days.

Alongside Warren, the letter was signed by Sens. Chris Van Hollen, Richard Blumenthal and Jeffrey Merkley, as well as Reps. Melanie Stansbury, Betty McCollum, Rashida Tlaib and Bernie Sanders.

The lawmakers requested a full accounting of Sacks’ service record and a clarification of his employment status. The White House and Sacks have not publicly responded to the inquiry.

Mentioned in this article

Source: https://cryptoslate.com/elizabeth-warren-raises-ethics-concerns-over-white-house-crypto-czar-david-sacks-tenure/

Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

Potrebbe anche piacerti

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Condividi
BitcoinEthereumNews2025/09/18 00:25
Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
Condividi
PANews2025/04/30 13:50
Metaplanet Raises Up to $531 Million to Accelerate Bitcoin Accumulation Strategy

Metaplanet Raises Up to $531 Million to Accelerate Bitcoin Accumulation Strategy

The post Metaplanet Raises Up to $531 Million to Accelerate Bitcoin Accumulation Strategy appeared on BitcoinEthereumNews.com. Bitcoin Japan-based investment firm
Condividi
BitcoinEthereumNews2026/03/17 00:17