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The Independent UK
The Independent UK
National
Fatima Hussein

Bessent divests from soybean farmland ahead of Trump aid announcement for farmers

Trump - (Copyright 2025 The Associated Press. All rights reserved)

Treasury Secretary Scott Bessent has proclaimed solidarity with U.S. farmers in recent months as they grappled with the loss of a major soybean buyer due to President Donald Trump's trade war with China.

But now, Bessent says he's divested his holdings in North Dakota soybean farmland. “I actually just divested it this week as part of my ethics agreement, so I’m out of that business,” Bessent said on the CBS program “Face the Nation,” Sunday.

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