Bessent divests from soybean farmland ahead of Trump aid announcement for farmers
December 8, 2025
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 announced his divestment Sunday on CBS’s “Face the Nation.” He had previously expressed empathy for U.S. farmers affected by the trade war. An ethics agreement required him to divest his investment, which was through a family partnership. On Monday, Trump is set to announce a $12 billion farm aid package to support struggling U.S. farmers.