Meanwhile, the status of "King of Fraud Prevention," appointed by Trump, grants Wens the authority to oversee the effectiveness of government spending.

Trump particularly highlighted California, Illinois, New York, Minnesota, and Maine, stating that the recovered funds will help balance federal finances.

Federal raids have already begun in Los Angeles, where arrests related to healthcare fraud amount to $50 million.

The "kingly" positions have very different tasks, but the differences between them are obvious.

While the administration is focusing efforts on combating financial fraud, the position responsible for crypto policy remains vacant amid important legislative changes.