Trump Signs Order Assigning Vance to Head Anti-Fraud Task Force

The president’s deputy chief of staff said this effort is the first of its kind—and could balance the federal budget if all fraud is shut down.

President Donald Trump attends a bill signing in the Oval Office on Feb. 3, 2026. Alex Wong/Getty Images

President Donald Trump signed an executive order on March 16, officially creating an anti-fraud task force headed by Vice President JD Vance, a job that could be one of the most important in the country, the president said during an Oval Office signing ceremony.

Federal Trade Commission Chairman Andrew Ferguson will serve as co-chair of the task force alongside Vance, Trump said, calling both men “extremely brilliant and just very talented.”