Cabinet Secretary Faces Backlash Over “Farmer” Claim and $600M Net Worth
When asked about the struggles of soybean farmers facing Chinese boycotts, Scott Bessent, estimated to be worth $600 million, identified himself as one. This claim was met with skepticism due to his immense wealth and background as a global currency trader. Critics quickly pointed out that Bessent’s investment in farmland, which he leases to actual farmers, does not equate to being a soybean farmer himself. Ultimately, his attempt to relate to the situation was widely ridiculed as tone-deaf and out of touch.
John Q. Hosedrinker