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David Sacks Denied on Claims of Exceeding Federal Work Cap

September 21, 2025
in Altcoin
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David Sacks, who serves as an adviser on synthetic intelligence (AI) and cryptocurrency issues, has addressed considerations in regards to the time he has spent in his short-term authorities position.

Sacks’ spokesperson rejected strategies that he might have exceeded the permitted variety of workdays allowed for short-term federal staff.

The problem surfaced following a letter signed by Senator Elizabeth Warren together with different lawmakers, which requested whether or not Sacks had exceeded the 130-day restrict allowed for a “particular authorities worker” (SGE).

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They urged him to make clear what number of days he has labored since President Donald Trump took workplace on January 20.

In keeping with calculations primarily based on weekdays that exclude public holidays, 167 days have handed because the president’s inauguration. For Sacks to remain inside the 130-day rule, he would have wanted to be off-duty for a minimum of 37 of these days.

In response, Sacks’s consultant defined that he tracks his workdays and areas them out, reasonably than working consecutively.

The 130-day restriction for SGEs is designed to scale back potential conflicts of curiosity, since people on this position typically maintain positions in personal corporations whereas advising the federal government.

They identified that by Craft Ventures and different enterprise pursuits, Sacks stays financially related to industries that fall underneath his present obligations.

In addition they famous that the White Home had granted him a waiver from sure ethics guidelines, which allowed him to retain these investments whereas advising on associated points.

In the meantime, Brian Quintenz not too long ago printed personal textual content messages exchanged with the Gemini

$76.74M

founders, Cameron and Tyler Winklevoss. What occurred? Learn the complete story.



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