Quid Pro Quo (QPQ) Tracker
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Entity DossierGovernment Body

President's Working Group on Digital Asset Markets

Interagency body created by Executive Order 14178 (January 23, 2025) to propose a federal regulatory framework for digital assets, chaired by the Special Advisor for AI and Crypto, David Sacks. Bo Hines served as executive director until August 2025. Often called the White House crypto council.

Tracked direct giving

$0

Connections

2

The Money Trail

Money connected to President's Working Group on Digital Asset Markets

These trails are from entities directly connected to President's Working Group on Digital Asset Markets through ownership, employment, or organizational ties.

$7.0M
3 transactions across 3 counterparties
sum of 3 tracked donations shown

David Sacks directed $5.0M to Trump Victory Fund. David Sacks advocates for Executive Order: Crypto Strategic Reserve.

Jun 2024individual→ Executive Order: Crypto Strategic Reserve no recorded vote

David Sacks directed $2.0M to MAGA Inc. David Sacks advocates for Executive Order: Crypto Strategic Reserve.

Jul 2024pac→ Executive Order: Crypto Strategic Reserve no recorded vote

Bo Hines directed $370 to NORTH CAROLINA REPUBLICAN PARTY.

May 2023individual
$7.0M tracked across 3 counterparties (sum of 3 tracked donations shown)·1 policy outcome
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Regulatory Capture Assessment

Regulatory capture is when an agency advances the interests of the industry it oversees (Stigler 1971; Carpenter & Moss 2013). The counts below are records in this tracker that connect outside parties to this agency. They are context for that question, not evidence that capture occurred.

Industry connection records
0
Opposed / enabled / benefited records
0
Revolving-door records
2
Rules issued or proposed
0

Counted over all 2 relationship records for this agency.

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Relationships

TypeConnected ToDetailsSource
EmploysDavid SacksDavid Sacks chairs the White House Crypto Council as AI and Crypto CzarEditorial
EmploysBo HinesBo Hines served as Executive Director of the White House Crypto Council (Jan-Aug 2025)Editorial