President-elect Donald Trump has named Bo Hines, a former collegiate football player and Republican political contender, to oversee the newly formed Presidential Council of Advisers for Digital Assets. Hines will serve as the council’s executive director, reporting to David Sacks, Trump’s nominee to handle crypto and AI policy.
Trump announced the move on his Truth Social platform, describing the council as a critical step toward establishing the United States as a global leader in digital innovation. “Bo will collaborate with David to drive growth and innovation in the digital assets sector while ensuring industry leaders have access to the tools they need to succeed,” the president said.
Hines, who previously sought a position in the United States House of Representatives, has received support from crypto-friendly organizations throughout his political career. Despite losing his congressional campaign in 2022, Hines’ background in both athletics and politics gives him a unique viewpoint on his new career. Trump lauded his broad background as critical to promoting collaboration and success in the burgeoning digital economy.
Hines expressed his appreciation for the appointment, describing it as “an honor of a lifetime” and highlighting his commitment to promoting the country’s leadership in crypto and digital assets. His position will be critical in creating a supportive framework for the industry, fostering innovation, and ensuring regulatory clarity.
The formation of the crypto council demonstrates Trump’s commitment to nurturing a vibrant digital asset economy. The administration, with the support of seasoned experts such as David Sacks and newly recruited advisors, intends to establish an atmosphere conducive to digital innovation, ensuring the United States’ continued leadership in the global technology race.