Bessent is gay

’s gay nominee for secretary of the Treasury, Scott Bessent, who lives in Charleston, South Carolina with his husband and family, is the first Senate-approved LGBTQ+ member in a Republican cabinet. Bessent is the second openly gay man to serve in the Cabinet of the United States (after Pete Buttigieg) and the fifth openly gay man to serve in a cabinet-level office (after Demetrios Marantis, Richard Grenell, Pete Buttigieg, and Vince Micone).

[3]. Billionaire Scott Bessent is poised to break ground as America's first openly-gay Treasury Secretary after selected him on Friday - and he's married to former prosecutor John. The Senate voted Monday evening to confirm Bessent, 62, to lead the Department of the Treasury. He is the first openly LGBTQ person to hold the position, fifth in line to the presidency. Bessent, who is an out gay man, married former New York City prosecuting attorney John Freeman in The couple currently lives in South Carolina with their two children, who they had via.

Scott Bessent may be the first gay Senate-confirmed Cabinet member in a Republican administration, but that's probably not what he'll go down in history for as the stock market continues to tumult. Here's everything to know about Bessent's background, and where his values lie. Bessent, who is an out gay man, married former New York City prosecuting attorney John Freeman in The couple currently lives in South Carolina with their two children, who they had via surrogacy.

Bessent's personal financial disclosure with the U. Bessent joined the Soros Fund Management, a hedge fund founded by George Soros , as a partner in Bessent donated to and advised him on economic policy during his ial campaign, but he also has donated to some leading Democrats. Hardly three months in, Bessent's tenure as Secretary of Treasury has been defined by his compliance in dismantling government institutions and his unwillingness to acknowledge the impact of 's tariffs on Americans or the stock market.

Bessent gave Elon Musk and the so-called "Department of Government Efficiency" access to the Treasury Department's payment system merely one week into 's term. Bessent was soon after named the acting director of the Consumer Financial Protection Bureau in February, before he immediately ordered the agency to cease all work.

Bessent drew widespread condemnation after recently responding to 's tariffs by warning other countries not to defend themselves. Because if you retaliate, there will be escalation.

soros fund management

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