U.S. Treasury Secretary Bessent has taken on multiple key roles within the federal government under President Donald Trump's administration. Bessent, who remains Treasury Secretary, has also been appointed as the interim IRS Commissioner following the departure of Billy Long. Concurrently, he is leading the interview process to select the next Federal Reserve Chair. President Trump recently indicated that Bessent prefers Treasury bonds over the Federal Reserve. Bessent's expanded responsibilities include negotiating the majority of trade deals and being considered for the Federal Reserve Chair position, highlighting his central role in the administration's economic and fiscal policy efforts.