Bessent said he and his husband are up to date on their taxes, and he is in litigation over the portion of his taxes in controversy. He also committed to shuttering his firm if
Bessent is also openly gay, and he and his husband, former New York City prosecutor John Freeman, have two children. If confirmed, Bessent would be the first Senate-confirmed gay Cabinet member of a Republican administration. Ric Grenell was acting director of national intelligence under...
Bessent has floated the idea of creating a “shadow” Fed chair. This would entail nominating as early as possible a presumptive Powell predecessor to the Fed Board who would then deliver their own policy guidance so that, as Bessent toldBarron’slast month, “no one is really going to care...
Bessent resides in Manhattan with his husband, a former New York City assistant district attorney, and two children.[10][12][29] He has been identified as the most prominent gay hedge fund manager on Wall Street.[9][13][12] Bessent is prominently featured in several books on hedge fund...
In addition, Democrats on the Senate Finance Committee are circulating a document that alleges Bessent has avoided paying roughly $1 million in taxes related to his hedge fund. During the hearing, Bessent said he and his husband are up to date on their taxes, and he is in litigation over ...
Bessent is also openly gay, and he and his husband, former New York City prosecutor John Freeman, have two children. If confirmed, Bessent would be the first Senate-confirmed gay Cabinet member of a Republican administration. Ric Grenell was acting director of national intelligence under Trump,...
Bessent is also openly gay, and he and his husband, former New York City prosecutor John Freeman, have two children. If confirmed, Bessent would be the first Senate-confirmed gay Cabinet member of a Republican administration. Ric Grenell was acting director of national intelligence under Trump,...
Scott Bessent fielded sharp questions Thursday at his confirmation hearing from Democrats and Republicans ontax policy,tariffs,China,Russia sanctionsand the IRS tax filing system.Bessent told the Senate Finance Committee that the U.S. faces economic calamity if Congress doesn't renew provisions of Tr...