Trump Taps Gay Man As Treasury Secretary
Scott Bessent. Photo by Senator Tim Scott, public domain.
Hedge Fund Manager Scott Bessent could become the highest ranking out gay man in American history.
President-elect Donald J. Trump tapped Bessent to be the next Secretary of Treasury, a cabinet position that is fifth in the presidential line of succession. He will still need to be confirmed by the Senate.
Trump said Bessent would help “usher in a new Golden Age for the United States as we fortify our position as the world’s leading economy.”
Bessent, 62, lives in a historic mansion — known as the Pink Palace — in Charleston, South Carolina with his husband and two children.
Log Cabin Republicans applauded the selection.
“Bessent will be a strong asset to help President Trump put America back on the path to financial security and economic prosperity,” said LCR President Charles Moran.
-Kim Swan
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