Scott Bessent
Awards & Honours
0
Awards Won
4
Honours
3
Records
Scott Bessent holds a singular place in American history as the first openly gay person to serve as U.S. Treasury Secretary and the first openly gay Senate-confirmed Cabinet member in a Republican administration. He is also the highest-ranking LGBTQ government official in U.S. history. His career in finance includes two of the most famous trades of the modern era: the 1992 British pound short that earned Soros Fund Management over $1 billion, and the Abenomics trade that generated approximately $3.5 billion in profits. These achievements place him among the most successful macro investors of his generation.
Honours & Distinctions
First openly gay U.S. Treasury Secretary
Historic appointment as the first openly gay person to lead the Treasury Department and the highest-ranking LGBTQ official in U.S. history.
Trustee, Rockefeller University
Served as Trustee, Member of the Executive Committee, and Chair of the Investment Committee.
Member, Council on Foreign Relations
Member of the prestigious foreign policy think tank.
McLeod Rehabilitation Center
Created the McLeod Rehabilitation Center at Shriners Children's Hospital in Greenville, South Carolina.
Records & Feats
First openly gay U.S. Treasury Secretary
Confirmed as the 79th U.S. Treasury Secretary on January 27, 2025, becoming the first openly gay person to lead the department.
First openly gay Senate-confirmed Cabinet member in a Republican administration
Bessent is the first openly gay person to be confirmed to a Cabinet position in a Republican administration.
Highest-ranking LGBTQ government official in U.S. history
As Treasury Secretary, Bessent holds the highest-ranking position ever held by an openly LGBTQ individual in the U.S. government.