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Scott Bessent
USACabinetRepublican PartyNational · United States Department of the TreasuryUnited States Secretary of the Treasury

Scott Bessent

Profile

Scott Bessent is an American businessman and government official serving as the 79th United States Secretary of the Treasury since 2025. A former hedge fund manager and founder of Key Square Group, he previously held senior roles at Soros Fund Management. Bessent is the first openly gay person to lead the U.S. Treasury Department and the first openly gay Senate-confirmed Cabinet member in a Republican administration. His tenure has focused on economic policy, including tax reform, trade strategies regarding China, and the implementation of a sovereign wealth fund.

Details

Born
August 21, 1962 · 63 years old
Birth place
Conway, South Carolina
Education
Yale University
Career
Hedge fund manager, Chief Investment Officer at Soros Fund Management, adjunct professor of economic history at Yale University

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