Two and a half weeks after the election and more than a week since it first seemed as if an announcement about a choice of treasury secretary was coming, Donald Trump has finally made his decision. On November 22nd the campaign said that Scott Bessent,

Bessent, if confirmed, would be the first out member of the LGBTQ+ community to lead the department. His nomination still doesn't mean Trump is an ally, however.

Here's what to know about the Treasury secretary pick Bessent, who beat out a crowded field including former Fed official Kevin Warsh and billionaire Marc Rowan.