Still serving · 2025–
Scott Bessent
Secretary of the Treasury
Yale, the London office, the pound, the yen, then the Treasury. Forty years of macro, 60 countries, the first openly gay secretary of the Treasury.
- On the file
- 4
- Of 13
- 6
- The building
- In
Career
Awards, firsts, the work
Yale, then the buy side
Bachelor of Arts, Yale. Later an adjunct there, teaching economic history. Since 1985 a leading buy-side analyst in banks, insurance, and specialty finance. The academic title is real. The money was the job.
SourceU.S. TreasuryThe pound, the yen, London
Managing partner of Soros Fund Management’s London office, 1991–2000. Later chief investment officer of the firm. Treasury’s own bio credits the bets against the British pound and the Japanese yen, and calls on a career that saw the S&L crisis, Scandinavian bank failures, and the global financial crisis coming.
SourceU.S. TreasuryFounded Key Square
He left to start Key Square Capital Management, a global macro fund, and ran it as CEO and CIO. The 40-year circuit — 60 countries, central bankers, currencies and rates — is why a hedge-fund résumé landed at 1500 Pennsylvania.
SourceU.S. Treasury79th Secretary of the Treasury, 68–29
Confirmed January 27, 2025. Sworn the next day. First openly gay person to run the Treasury. The dollar, the debt, the tariff ledger, and a mandate to keep the greenback the reserve currency.
SourceBallotpedia