Daily Planet News On the day of the first digital asset summit at the White House, Senator Elizabeth Warren sent an open letter to David Sacks, the encryption and AI affairs director of the Trump administration, questioning potential conflicts of interest and requesting relevant financial disclosure information. Warren believes that government intervention in the blockchain industry may push up market prices, leading to conflicts of interest among policymakers. She asked Sacks to disclose the identities of the individuals involved in developing encryption strategic reserves and whether they are bound by conflict of interest regulations. Warren questioned whether Sacks had engaged in relevant transactions before the policy was enacted and requested proof that he had divested personal encryption assets.
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Daily Planet News On the day of the first digital asset summit at the White House, Senator Elizabeth Warren sent an open letter to David Sacks, the encryption and AI affairs director of the Trump administration, questioning potential conflicts of interest and requesting relevant financial disclosure information. Warren believes that government intervention in the blockchain industry may push up market prices, leading to conflicts of interest among policymakers. She asked Sacks to disclose the identities of the individuals involved in developing encryption strategic reserves and whether they are bound by conflict of interest regulations. Warren questioned whether Sacks had engaged in relevant transactions before the policy was enacted and requested proof that he had divested personal encryption assets.