David Sacks Accuses Elizabeth Warren of Stifling Crypto Innovation
White House AI and Crypto Czar David Sacks has sharply criticized Senator Elizabeth Warren for her opposition to cryptocurrency innovation under the Biden administration. In a recent Fox Business interview, Sacks declared cryptocurrencies as the future of the financial system, highlighting the Trump administration’s pro-crypto stance and its reversal of previous anti-crypto policies.
Sacks accused Warren of acting as an autopen in Biden’s era to block progress, following her public criticism of Trump and his team for leveraging crypto for personal gain. The political clash underscores the growing tension between pro-innovation and regulatory factions in Washington.