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Treasury Secretary Bessent says he has divested his soybean farm

Treasury Secretary Scott Bessent divested $25 million in North Dakota farmland to meet ethics rules before a $12 billion farm aid announcement, ending conflict of interest concerns.

  • Treasury Secretary Scott Bessent said he divested from his thousands of acres of North Dakota soybean farmland last week to comply with his federal ethics agreement.
  • Bessent previously owned as much as $25 million of soybean and corn farmland in North Dakota, which earned him up to $1 million a year in rental income.
  • The divestiture comes after the US Office of Government Ethics informed the Senate Finance Committee in August that Bessent had failed to comply with certain terms of his ethics agreement aimed at avoiding potential conflicts of interest.
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Bessent divests from soybean farmland ahead of Trump aid announcement for farmers

Treasury Secretary Scott Bessent says he has divested from his North Dakota soybean farmland. This move comes as he leads Trump administration negotiations with China over trade and tariffs.

·United States
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Treasury Secretary Bessent: Sold Off Soybean Holdings ...

·Washington, United States
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Axios broke the news in Washington, United States on Sunday, December 7, 2025.
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