Scott Bessent, gay billionaire hedge fund founder, confirmed as Trump's Treasury secretary
Scott Bessent is the first out Senate-confirmed Cabinet member in a Republican administration.
JANUARY 27, 2025
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Scott Bessent is the first out Senate-confirmed Cabinet member in a Republican administration.
The billionaire would be the second out gay man confirmed to any president’s cabinet.
There was even a plan to pay people to post favorably about him on social media, but Grenell apparently had no role in it.
Bessent, if confirmed, would be the first out member of the LGBTQ+ community to lead the department. His nomination still doesn't mean Trump is an ally, however.