Scott Bessent Mocked by Left for Saying He Feels the Pain of Soybean Farmers Because He is One: Net Worth is Over $500m
Source: MEDIAite
Oct 26th, 2025, 3:56 pm
Liberals are taking to social media to call out Treasury Secretary Scott Bessent for claiming he feels the pain of soybean farmers because hes one of them. ABC Newss Martha Raddatz asked Bessent Sunday about the plight of farmers facing Chinese boycotts on American soybeans due to President Donald Trumps tariffs.
American farmers have really suffered, Raddatz said Sunday. Do you see a real light at the end of the tunnel there, they may allow soybeans again? Martha, in case you dont know it, Im actually a soybean farmer, so I have felt this pain too, Bessent answered.
According to The New York Times, Bessent a former hedge fund manager whose net worth is estimated to top $500 million owns as much as $25 million worth of corn and soybean farmland in North Dakota that he rents out to farmers, netting him more than $1 million a year.
Sen. Andy Kim (D-NJ) wrote, Bessent is hoping Americans dont know hes worth over $500M. He doesnt know the first thing about the pain farmers are feeling from this administrations reckless actions.
Read more: https://www.mediaite.com/media/news/scott-bessent-mocked-by-left-for-saying-he-feels-the-pain-of-soybean-farmers-because-he-is-one-net-worth-is-over-500-million/
Full headline: Scott Bessent Mocked by Left for Saying He Feels the Pain of Soybean Farmers Because He is One: Net Worth is Over $500 Million
modrepub
(3,952 posts)At least on paper. And they have enough resources to employ some of the most effective and probably expensive lobbyists out there. And they have their own code in the US bankruptcy laws (Chapter 12).
BumRushDaShow
(162,422 posts)as the USDA still continues to screw them. And then there are issues with the methods for doing assessments - https://www.theguardian.com/environment/article/2024/aug/29/black-farmers-us-census
Javaman
(64,741 posts)Bernardo de La Paz
(59,866 posts)twodogsbarking
(16,422 posts)They don't suffer. Look to the bottom.
Prof. Toru Tanaka
(2,850 posts)Cirsium
(3,054 posts)So, if I rented my house to a nuclear physicist that would make me a nuclear physicist, right? Trying to understand how this works...
Wonder Why
(6,306 posts)mdbl
(7,651 posts)These people have no shame.