FnF News

David Sacks Claims Elizabeth Warren Controlled Biden’s Autopen, Calls Her Leading Anti-Crypto Force

Date: May 26, 2025
By: FNF News

David Sacks, the venture capitalist and newly appointed AI and Cryptocurrency Czar under President Trump, made headlines this week by accusing Senator Elizabeth Warren of wielding behind-the-scenes control over President Biden’s crypto policies. In a podcast appearance, Sacks alleged, “Elizabeth Warren controlled the autopen during that administration,” implying she had de facto authority over key decisions.

The comment sparked immediate reactions across political and financial circles, as it highlights ongoing tensions between crypto advocates in the Trump orbit and critics from the Biden-era establishment.


Warren as Biden’s Crypto Gatekeeper?

Sacks’s remarks suggest that Warren’s influence extended beyond her Senate position, potentially shaping executive actions through what he called the “autopen” — a term commonly used to refer to the mechanical device used by presidents to sign documents without direct involvement. According to Sacks, Warren was “the main anti-crypto force in Biden’s orbit,” pushing for aggressive regulation of the digital asset sector.

Warren has long positioned herself as a skeptic of cryptocurrencies, often warning about their use in fraud, money laundering, and evasion of sanctions. Her advocacy for a robust regulatory framework has put her at odds with many in the crypto industry, particularly those who supported Trump’s deregulatory stance.


Trump’s Pro-Crypto Pivot

President Trump named David Sacks as the nation’s first official “AI and Crypto Czar” in late 2024, signaling a major policy shift. Sacks, a former PayPal executive and a central figure in Silicon Valley, was tasked with spearheading efforts to transform the U.S. into a global leader in blockchain and AI innovation.

“America will not be left behind in the digital age,” Sacks said during his appointment.
“The days of crypto-hostile regulation are over.”

Trump’s new administration has introduced measures to relax SEC oversight, create a national crypto strategy, and establish favorable tax treatment for blockchain-based startups — a stark contrast to the Biden-era push for enforcement-heavy policies.


Crypto Community Reacts

The crypto world has largely rallied behind Sacks, praising his bluntness and policy direction. Online forums and influencers celebrated the remarks, interpreting them as a signal of a new era where the government is no longer “captured by crypto opponents.”

Still, critics argue that Sacks’s comments are unprofessional and may undermine institutional norms. Some former Biden officials have pushed back, calling the claim “conspiratorial” and “misleading.”


Warren Responds

As of this publication, Senator Warren has not issued a formal response to Sacks’s accusation. However, her office previously criticized Sacks’s appointment, calling it “a massive conflict of interest,” citing his crypto holdings and connections to major venture capital firms with stakes in digital assets.

In a statement issued earlier this year, Warren said:

“Trump’s so-called Crypto Czar is more concerned with enriching his friends than protecting working Americans from scams and speculative bubbles.”


What’s Next

The public spat underscores a growing divide between the two dominant policy camps: those seeking to tightly regulate digital currencies and those promoting them as the foundation of future American financial infrastructure. As Trump’s team rolls out more crypto-friendly initiatives, figures like Elizabeth Warren are expected to double down on oversight efforts in the Senate.

Whether Sacks’s comments were meant literally or metaphorically, they have reignited a fiery debate over who really shaped U.S. crypto policy in the past — and who will define its future.


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Tags:

#DavidSacks #ElizabethWarren #CryptoPolicy #TrumpAdministration #BidenEra #Regulation #Cryptocurrency #Autopen

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