Treasury Secretary Scott Bessent said Sunday he sold his soybean farm last week and acknowledged farmers still need federal help despite a trade deal with China.
Why it matters: The long-pending sale, which Bessent was required to complete under an ethics agreement when he took office, comes as soybean futures sit near their highest levels of the year.
What they're saying: "I probably know more (than) any Treasury secretary about agriculture since the 1800s, and I can tell you that what farmers need is certainty," Bessent told CBS's "Face the Nation." • He insisted that certainty would come from a long-term purchase agreement with China, announced in October. • Prior to that deal, the Chinese had for months stopped buying U.S. soybeans, depriving American farmers of their largest exp

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