""These are sham ethics waivers," Clark said. "They lack the kind of rigorous objective ethics analysis that would ensure that public policy is made for public benefit. Instead, they were aimed at enabling Sacks to profit from his government position," she said, describing the waivers as "like a presidential pardon in advance.""
"The debate over Sacks' investments comes just as he helped shape a controversial executive order instructing the Justice Department to challenge state AI laws deemed "onerous" to the industry something that's faced resistance from both parties and members of the MAGA movement who distrust the tech elite."
David Sacks serves as an adviser to President Trump on artificial intelligence and cryptocurrency while maintaining extensive investments in the tech sector. Public documents show Sacks and his firm, Craft Ventures, hold more than 400 tech investments with ties to AI, though he divested holdings such as Amazon, Meta, and xAI. Sacks helped shape an executive order directing the Justice Department to challenge state AI laws deemed "onerous," a move that drew political resistance. Ethics experts called the waivers unusually broad and said they risk enabling personal profit and undermining impartial policy making.
Read at www.npr.org
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