US EditionTreasury Secretary Bessent says he has divested his soybean farm
Treasury Secretary Scott Bessent sold $25 million in North Dakota farmland to meet ethics rules amid U.S.-China trade talks and a new $12 billion farm aid package.
- 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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Associated Press News
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.
Bessent Divests From Soybean Farms, Says Farmers Needs Federal Aid Despite China Deal
Treasury Secretary Scott Bessent said he has divested his soybean farm holdings and acknowledged that, despite China’s commitment to buy more U.S. agricultural products, farmers still need support from the federal government.
Bessent Divests From Soybean Farms, Says Farmers Needs Federal Aid Despite China Deal - The Thinking Conservative News
Bessent said he sold his soybean farms and noted that, despite China’s pledge to buy more U.S. crops, American farmers still rely on federal support. The post Bessent Divests From Soybean Farms, Says Farmers Needs Federal Aid Despite China Deal appeared first on The Thinking Conservative News.
Treasury Secretary Bessent: Sold Off Soybean Holdings ...
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