Coinbase Co-Founder and Tech Industry Giants Join Trump's Science Advisory Council

Coinbase Co-Founder and Tech Industry Giants Join Trump's Science Advisory Council

David Sacks, the White House's AI and crypto czar, and science advisor Michael Kratsios will co-chair the council that features Mark Zuckerberg, Jensen Huang, and Larry Ellison among its members.

President Donald Trump has revealed the names of 13 individuals from the technology, artificial intelligence, blockchain, and cryptocurrency sectors who will serve on his Council of Advisors on Science and Technology, which was reinstated through an executive order issued in January 2025.

The White House disclosed on Wednesday that the council's composition will feature Coinbase co-founder Fred Ehrsam, Meta's chief executive Mark Zuckerberg, Nvidia's CEO Jensen Huang, Larry Ellison who serves as Oracle's chief technology officer, alongside other executives representing prominent technology corporations.

The White House indicated that the council has the capacity to accommodate up to 24 members in total, with many additional appointments expected "in the near future."

Coinbase, AI, White House, Donald Trump
Source: Michael Kratsios

David Sacks, who holds the position of White House AI and crypto czar, will serve as co-chair of the council alongside Michael Kratsios, Trump's science advisor. Based on the executive order from January that reinstated the council during Trump's administration, the body will "advise the President on matters involving science, technology, education, and innovation policy."

Several of the technology sector representatives have established records of backing the Trump administration. Huang has had prior meetings with the president regarding discussions about export controls affecting Nvidia's semiconductor chips, while Zuckerberg made a visit to Trump's Mar-a-Lago private residence in November 2024 following his electoral victory and participated in a White House dinner alongside other technology company executives in September 2025.

The announcement of the council's membership occurred less than one week following the White House's release of a national artificial intelligence framework, which urged Congress to enact legislation that would override state-level regulations. Trump has been pressuring Republicans to approve the SAVE America Act — a piece of legislation that would mandate proof of citizenship for voter registration — stating on March 8 that he "will not sign other bills" until its passage.

No timeline on market structure bill in US Congress

Following the passage of a comprehensive digital asset market structure bill known as the CLARITY Act through the House of Representatives in July 2025, the Senate has encountered multiple obstacles that have stalled advancement of the legislation. Between scheduled congressional recesses, government shutdowns, and concerns from the industry regarding stablecoin yield, no visible progress has been made in moving the bill forward.

In January, the Senate Agriculture Committee moved forward with its iteration of the market structure bill, however, a markup session in the Senate Banking Committee — which is critical for addressing implications related to securities laws and regulations — was delayed following statements from Coinbase CEO Brian Armstrong indicating that the company could not endorse the bill in its current form. As of Wednesday, the committee had not revealed a new scheduled date for the markup session.