03 Dec 2025
A New York Times investigation revealed that David Sacks — a podcaster-turned “special government employee” with close White House access — holds hundreds of undisclosed investments in AI and crypto firms even as he acts as a key Silicon Valley backchannel to the Trump administration. The Verge’s piece explains how the Times report pulled back the curtain on those conflicts and prompted an intense, coordinated show of support from tech leaders, which in turn amplified public attention to the original reporting.
Reporter Tina Nguyen interviews Ryan Mac (one of the Times reporters) about how Sacks rose to influence, why AI executives rushed to defend him (Sam Altman is singled out on X), and the broader stakes: tech’s aggressive push to shape federal AI policy, efforts to block state-level regulation, and legislation like the GENIUS Act that benefits crypto. Nguyen also details Sacks’ response — threatening litigation, hiring a defamation firm, and litigating the story’s premise publicly — a move that the column says produced a classic Streisand effect. As Mac puts it, the Valley sees this as an instance of “moving fast and breaking things” applied to political influence: tech is discovering how influenceable policy can be, and is mobilizing quickly to capture it.
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