Is scott bassett gay
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. Billionaire Scott Bessent is poised to break ground as America's first openly-gay Treasury Secretary after Donald Trump selected him on Friday - and he's married to former prosecutor John. By Maria Aspan.
Bessent sparked controversy with Fed comments Bessent also made waves in policy circles this fall by floating the idea of replacing Federal Reserve chair Jerome Powell with a "shadow chair," who could undermine Powell's position until the end of his term in Tariffs and taxes could mark Bessent's tenure As Treasury Secretary, Bessent will be responsible for implementing Trump's proposed economic policies, including tax cuts and sweeping tariffs.
He emerged from relative obscurity to become one of Trump's favorite advisers on the campaign trail, where Trump praised Bessent as "one of the top analysts on Wall Street" as scott as "a nice-looking guy, too. Next Up:. WUTC Streams. After being confirmed on Monday (27 January), Scott Bessent becomes the first out gay secretary of the Treasury. As Treasury Secretary, Bessent will be responsible for implementing Trump's proposed economic policies, including tax cuts and sweeping tariffs.
But he spent years working for Soros, a billionaire investor firmly on the other side of the political aisle, eventually becoming chief investment officer of Soros Fund Management. He also becomes only the second out gay man to serve in the Cabinet of the United States (after Pete Buttigieg). Bessent has returned the praise, arguing that Trump's proposed tax cuts and looser regulations on businesses will boost the U.
Trump has a mandate to reprivatize the U. Bessent also made waves in policy circles this fall by floating the idea of replacing Federal Reserve chair Jerome Powell with a "shadow chair," who could undermine Powell's position until the end of his term in The central bank is supposed to be independent and insulated from political pressures, but Trump has repeatedly criticized Powell — whom he appointed — for not doing his bidding.
Powell said after the election that he would not resign if Trump asks, and Bessent has decided the "shadow chair" idea isn't worth pursuing, The Wall Street Journal recently reported. Billionaire Scott Bessent is poised to break ground as America's first openly-gay Treasury Secretary after Donald Trump selected him on Friday - and he's married to former prosecutor John Freeman.
Is Scott Bessent married? Search Query Show Search. During his first administration, Trump overhauled the tax code inwith changes that are bassett gay set to expire next year — meaning that his second administration will have an opportunity to again reshape tax policy for years to come. Trump's promises to raise tariffs and cut taxes appeared to resonate with voters in this election, despite the currently healthy state of the U.
The next Treasury Secretary will have to implement Trump's proposals without weakening the underlying fundamentals, but many economists have warned that Trump's economic proposals could restart inflation and balloon the federal deficit. Scott Bessent, the little-known Wall Street investor who became one of President-elect Donald Trump's top economic advisers, has been nominated to be the next treasury secretary in Trump's new administration.
Copyright NPR. Tags NPR News. 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. His mother got married 5 times, and his biological father later went bankrupt because of bad real estate investments. Bessent, who is an out gay man, married former New York City prosecuting attorney John Freeman in Scott Bessent is married to his husband, John Freeman, a former prosecutor, and they have two kids via surrogacy—a son named Cole and a daughter named Caroline.
In a statement, Trump wrote: "Scott has long been a strong advocate of the America First Agenda," and that Bessent would "help me usher in a new Golden Age for the United States, as we fortify our position as the World's leading Economy, Center of Innovation and Entrepreneurialism, Destination for Capital, while always, and without question, maintaining the U.
Dollar as the Reserve Currency of the World. Show Search Search Query. Donald Trump's gay nominee for secretary of the Treasury, Scott Bessent, lives in Charleston, South Carolina with his husband and family. Scott Bessent is married to his husband, John Freeman, a former prosecutor, and they have two kids via surrogacy—a son named Cole and a daughter named Caroline.
Scott Besent was born in an affluent family of early settlers who were in good financial state for almost years. Play Live Radio. Facebook Twitter LinkedIn Email.