Scott Bessent serves in the Executive branch as the 79th United States Secretary of the Treasury, a role he assumed on January 28, 2025. A Republican, he brings a distinguished background as a global macro investment manager to his current position. Prior to his government service, Bessent was widely recognized for his success in the financial sector, having founded Key Square Group and previously served as Chief Investment Officer for Soros Fund Management. His notable investment achievements include a profitable bet against the British pound in 1992 and a significant gain from a bet against the Japanese yen in 2013. His fund, Key Square Capital, also generated substantial returns with a contrarian investment strategy against the Federal Reserve in 2022. As part of his ethics agreement upon becoming Treasury Secretary, he divested holdings that included substantial investments in the SPDR S&P 500 ETF Trust, the Invesco S&P 500 Equal Weight ETF, and the Invesco QQQ, alongside real estate assets. Follow Scott Bessent to get updates on their trades.