On January 28, 2025, Scott Bessent was sworn in as the 79th Secretary of the Treasury of the United States. As Secretary, Mr. Bessent is responsible for the U.S. Treasury’s wide-ranging mission to maintain a strong economy, foster economic growth and create job opportunities for all Americans by promoting the conditions that enable prosperity ...

Jan 28, 2025 · The Senate on Monday confirmed billionaire hedge fund manager and investor Scott Bessent as President Trump’s Treasury secretary, making him the highest-ranking LGBTQ official in the nation’s...

Scott Kenneth Homer Bessent (/ ˈ b ɛ s ən t / BESS-ənt; born August 21, 1962) is an American investor and hedge fund manager who has served since 2025 as the 79th United States secretary of the treasury. [1]

Jan 16, 2025 · Scott Bessent, President-elect Donald Trump 's nominee to lead the Treasury, is set to make history as the nation's highest-ever ranking LGBTQ+ official, but his nomination isn't being cheered on...

Feb 3, 2025 · Bessent ordered the CFPB to stop all rulemaking, communications, litigation, and other activities, according to a Monday email to staff obtained by Bloomberg Law. Bessent took over the CFPB as acting director after President Donald …

Feb 3, 2025 · Scott Bessent, who was confirmed as Treasury secretary last week, has been named acting director of the Consumer Financial Protection Bureau. Bessent replaces Rohit Chopra, who was fired on...

Jan 16, 2025 · Here's what to know about the Treasury secretary pick Bessent, who heads into his confirmation hearing and may become the first Senate-approved LGBTQ+ member in a Republican cabinet.

Jan 27, 2025 · In a 68 to 29 vote, the Senate confirmed Bessent, the first Senate-confirmed openly gay Cabinet member of a Republican administration. Bessent, 62, is the founder of Connecticut-based hedge...

Scott Bessent is the secretary of the Treasury in President Donald Trump's (R) second presidential term. Trump announced Bessent's nomination on Nov. 22, 2024.

Jan 25, 2025 · The Senate on Saturday voted to advance Scott Bessent’s nomination to become the next secretary of the Treasury, putting him in line to be confirmed on Monday.