Bessent is gay

The newly confirmed secretary is the first gay Senate-confirmed Cabinet member in a Republican administration. He'll also be front and center as Trump pushes tariffs on products from a host of countries, including Mexico and Canada.

Because of the interim nature of his post, he did not need Senate confirmation. The director of national intelligence is not part of the Cabinet but is considered Cabinet-level, so Grenell was the first out gay person to achieve that.

His background may upset some of the MAGA crowd, however. Sign out. Return to Homepage. Bessent is the founder of Key Square Capital Management. During his confirmation process, Bessent spoke of a "" economic plan for the country.

Scott Bessent Wikipedia

Pete Buttigiegsecretary of Transportation in the Biden administration, was the first out Senate-confirmed Cabinet official. The Senate confirmed on Monday Scott Bessenta gay billionaire hedge fund founder, as Treasury secretary in a vote Sign up for The Advocate's email newsletter.

Bessent was confirmed by the United States Senate on January 27,by a 68–29 vote, and sworn in as the 79th U.S. Treasury Secretary on January 28, Bessent is the second openly gay man to serve in the Cabinet of the United States (after Pete Buttigieg).

Bessent, 62, will be expected to work with Republicans in the House and Senate to extend President Donald Trump's tax cuts and also work on the federal debt ceiling. Donald Trump's gay nominee for secretary of the Treasury, Scott Bessent, lives in Charleston, South Carolina with his husband and family.

That plan may harm the U. The outlet also notes that Bessent enters the role as the economy is pretty stable — unemployment is at only 4. They have two children. Billionaire Scott Bessent is poised to break ground as America's first openly-gay Treasury Secretary after Donald Trump selected him on Friday - and he's married to former prosecutor John Freeman.

Dollar as the Reserve Currency of the World. In it, he plans to take the federal budget deficit down by three percent, reaching three percent GDP, and increase oil producing to 3 million barrels more a day by Related: Trump nominates investment manager Scott Bessent, a gay man, as Treasury secretary.

[3]. Some right-wingers claim — falsely — that Soros pays protesters who turn out to support liberal causes.