White House Crypto Council Director Patrick Witt Resigns for Private Sector Role
Patrick Witt, the executive director of the White House Crypto Council, is leaving his position to take a role in the private sector. Witt announced his departure on social media, describing his service in the administration as a privilege and expressing interest in continuing to support domestic technology advancements privately.
Witt was the administration's top advisor on the Digital Asset Market Clarity Act, which aimed to establish a comprehensive U.S. regulatory framework for digital assets. The legislation lost momentum after failing to pass a procedural cloture vote in the U.S. Senate in September, making approval in this legislative session unlikely.
His exit leaves the advisory council without any remaining staff following earlier departures, including former crypto czar David Sacks and deputy director Harry Jung. The White House has not yet indicated whether it will name a replacement to oversee its crypto policy agenda.
Key points
- Patrick Witt is resigning as executive director of the White House Crypto Council to move to the private sector.
- Witt was the main administration advisor on the Digital Asset Market Clarity Act, which stalled in the Senate in September.
- His departure leaves the White House Crypto Council with no remaining staff following several prior resignations.
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How we writeDisclaimerQuestions and answers
Why is Patrick Witt leaving the White House Crypto Council?
Patrick Witt is stepping down from his role as executive director to pursue a new opportunity in the private sector.
What is the status of the Digital Asset Market Clarity Act?
The bill stalled after the U.S. Senate failed to pass a cloture motion in September, making further legislative progress during the current session unlikely.
Who remains on the White House Crypto Council?
No staff members remain on the council following Witt's resignation, as key officials including David Sacks, Harry Jung, and Bo Hines departed earlier.