President-elect Donald Trump announced that tech investor David O. Sacks will be his new White House AI and Crypto Czar.

In a post on Truth Social on Thursday night, Trump announced the news saying in part, “David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness.” Trump added that this is an “important” position.

Trump then noted that the position will work on making the United States the clear leader in both fields, protects free speech online, attempt to prevent big tech bias and censorship, and outline legal framework for cryptocurrency.

In a follow up post Trump congratulated Sacks saying, “David has the knowledge, business experience, intelligence, and pragmatism to MAKE AMERICA GREAT in these two critical technologies. Congratulations, David!”

Newsweek has reached out to the Trump transition team via email for additional comment Thursday night.