Scott Bessent

Secretary of the Treasury

U.S. Department of the Treasury

Portrait: Wikimedia Commons, Public domain.

Role

Secretary of the Treasury

Organization

U.S. Department of the Treasury

Born

August 21, 1962

Birthplace

Conway, South Carolina

Gender

Not listed

Background

Scott Bessent, a veteran hedge-fund manager and founder of Key Square Group, became the 79th Treasury secretary in January 2025 after a 68-29 confirmation vote. He previously served as chief investment officer of Soros Fund Management. As Treasury chief he has been a central figure in the administration's tariff and tax agenda.

Biography: source

Money and finances

Disclosure asset range

at least $521,000,000 (2025). Source: TheStreet (2025 OGE public financial disclosure, minimum reported assets).

Disclosure asset ranges are not net worth: they exclude personal residences and retirement accounts and report values in wide bands.

Latest statements

Remarks from Secretary of the Treasury Scott Bessent on Operation Economic Outcast against Iran August 24, 2026
Today, at President Trump's direction, the United States Treasury has begun Operation Economic Outcast - an unprecedented campaign against the Islamic Republic of Iran and its enablers.
U.S. Treasury Secretary Scott Bessent Takes Decisive Action Against Somali Fraud in Minneapolis January 13, 2026

Latest official press releases and statements from the member's official site. This section requires periodic refresh; always check the source site for the newest items.

Confirmation

Confirmed, Senate vote 68-29, 2025-01-27.

Official accounts

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Profile compiled 2026-10-03. Congressional-only metrics are not applicable to executive and judicial officials.