Is scott besset gay

’s gay nominee for secretary of the Treasury, Scott Bessent, who lives in Charleston, South Carolina with his husband and family, is the first Senate-approved LGBTQ+ member in a Republican cabinet. Scott Bessent may be the first gay Senate-confirmed Cabinet member in a Republican administration, but that's probably not what he'll go down in history for as the stock market continues to.

Rich, gay, and likes 'friendshoring' —

Bessent is the second openly gay man to serve in the Cabinet of the United States (after Pete Buttigieg) and the fifth openly gay man to serve in a cabinet-level office (after Demetrios Marantis, Richard Grenell, Pete Buttigieg, and Vince Micone). [3]. Billionaire Scott Bessent is poised to break ground as America's first openly-gay Treasury Secretary after selected him on Friday - and he's married to former prosecutor John.

The Senate on Monday confirmed billionaire hedge fund manager and investor Scott Bessent as ’s Treasury secretary, making him the highest-ranking LGBTQ official in the nation’s. After graduating from Yale in , Scott Bessent launched his financial career and rose to prominence at Soros Fund Management. By , he established his own hedge fund, Key Square Group, cementing his status as a financial heavyweight.

Bessent was once a reliable donor to Democratic causes. His influence grew as he helped develop 's economic agenda and organized high-dollar fundraisers across the country. While praised by some LGBTQ rights advocates, his appointment also drew criticism from former classmates at Yale, who accused him of enabling authoritarian tendencies within the administration. Bessent criticized Musk for failing to deliver promised spending cuts, accusing him of exaggeration and fraud.

According to Steve Bannon, this led to a physical altercation in the White House, with Musk allegedly attacking Bessent in frustration. The incident ended with Musk being escorted out and left a visible bruise that sparked speculation after a later press conference. Bessent also pushed for countries to scale back their ties with China as part of a broader effort to increase U. After initial backlash, he and Commerce Secretary Howard Lutnick persuaded to pause several tariffs to avoid economic fallout.

Scott Bessent is not just another financial technocrat. Whether rewriting global trade norms or standing his ground—literally—against Elon Musk, Bessent is carving out a legacy defined by boldness, loyalty, and confrontation. Stay updated with the latest news on Times of India.