Scott Bessent

Known for

Acting

Born

August 21, 1962 (age 64)

Birthplace

Conway, South Carolina, USA

Biography

Scott Kenneth Homer Bessent (/ˈbɛsənt/ BESS-ənt; born August 21, 1962) is an American businessman 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, and the second openly gay U.S. Senate-confirmed Cabinet secretary.

Bessent graduated from Yale University in 1984 with a B.A. in political science. After holding a series of financial positions, he was hired by Soros Fund Manage...