Scott Bessent takes office as the 79th Secretary of the Department of Treasury

Scott Bessent was sworn in as the 79th Secretary of the Treasury by Supreme Court Justice Brett M. Kavanaugh.

As Secretary of the Treasury, Bessent will oversee the Treasury’s mission to strengthen the U.S. economy, manage government finances, and safeguard national security. With 40 years of experience in global investment management, he is a recognized expert in currency and fixed income, having engaged with international leaders and central bankers. He also contributes to economic journals and business publications. See the press release here.