Scott Bessent

Overview

Scott Kenneth Homer Bessent is an American businessman, financial commentator, and government official serving since 2025 as the 79th United States secretary of the treasury. Bessent was a partner at Soros Fund Management (SFM) and founded Key Square Group, a global macro investment firm. He is the first openly gay person to lead the U.S. Treasury Department, the first openly gay U.S. Senate-confirmed Cabinet member in a Republican administration, the second openly gay Senate-confirmed Cabinet secretary, and the highest-ranking LGBTQ government official in U.S. history.