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What will be Scott Bessent's first major policy announcement as Treasury Secretary by June 30, 2025?
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Official announcements from the US Treasury Department or major news outlets
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Trump Nominates Scott Bessent as First Openly Gay Treasury Secretary
Nov 23, 2024, 12:37 AM
President Trump is set to nominate Scott Bessent as the US Treasury Secretary, marking a historic moment as Bessent would be the first openly gay person to hold this position if confirmed by the Senate. Bessent, who heads a macro hedge fund, has previously expressed that his sexual orientation barred him from key roles in the past, including serving in the Naval Academy and joining the State Department after Yale. His potential appointment signifies a significant step towards diversity in high-level government positions.
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