Bo Hines was named Executive Director of Donald Trump’s Presidential Council of Advisers for Digital Assets. Bo Hines had previously been a Republican House of Representatives nominee.
Trump posted a Truth Social message stating that Hines would be overseeing a "new advisory group composed of luminaries from the crypto industry" and work alongside David Sacks, Trump's pick for the White House AI and Crypto Czar.
"In his new role, Bo will work with David to foster innovation and" The goal is to increase the growth of digital assets, and provide the industry with the necessary resources for success." Trump posted. "Together, they will create an environment where this industry can flourish, and remain a cornerstone of our nation's technological advancement."
Hines was the Trump-endorsed Republican House nominee in North Carolina's 13th District in 2022, but lost the race to Democratic rival Wiley Nickel. During that race, Hines received backing from former FTX Digital Markets CEO Ryan Salame, who later went to prison for unrelated campaign finance law violations, among other charges.
The 29-year-old Hines ran again for the House this year in the state's 6th District, but lost in the primaries, placing fourth among Republican candidates. He does not appear to have a substantial public history of making comments related to Bitcoin or cryptocurrency.
"I thank you Mr. President. Your next administration will give me the opportunity of a life time to serve. You are appreciated for all you do and have done for this country." Hines wrote on X (formerly known as Twitter) on Sunday. "David Sacks, a genius in his own right, is an amazing colleague. to ensure that this industry will thrive and remain a cornerstone of our nation’s technological advancement."
Sriram K. Krishnan is also a senior policy advisor for artificial intelligence at the White House Office of Science and Technology Policy. He was previously a venture capitalist with Andreessen Horowitz. Krishnan will work with Sacks, too. Krishnan left the prominent VC company in November.
