Scott Bessent, gay billionaire hedge fund founder, confirmed as Trump's Treasury secretary
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The Senate confirmed on Monday Scott Bessent, a gay billionaire hedge fund founder, as Treasury secretary in a vote 68-29. He's the first out LGBTQ+ person in the Cabinet position and one of only a few to ever hold a Cabinet or Cabinet-level position.Bessent, 62, will be expected to work with Republicans in the House and Senate to extend President Donald Trump's 2017 tax cuts and also work on the federal debt ceiling.He'll also be front and center as Trump pushes tariffs on products from a host..