Bessent Sells Soybean Farms, Aid Package Announced
Update: 2025-12-09
Description
Treasury Secretary Scott Bessent, a former hedge fund manager, divested his soybean farmland investments, aligning with his ethics agreement. This move comes after expressing solidarity with American farmers impacted by the trade dispute with China. Bessent, who previously identified as a soybean farmer, is set to announce a $12 billion farm aid package at the White House today, aiming to support farmers affected by the trade tensions.
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