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Scott Bessent Mocked by Left for Saying He Feels the 'Pain' of Soybean Farmers Because He is One: 'Net Worth is Over $500 Million'

By Jennifer Bowers Bahney

Scott Bessent Mocked by Left for Saying He Feels the 'Pain' of Soybean Farmers Because He is One: 'Net Worth is Over $500 Million'

Liberals are taking to social media to call out Treasury Secretary Scott Bessent for claiming he feels the "pain" of soybean farmers because he's one of them.

ABC News's Martha Raddatz asked Bessent Sunday about the plight of farmers facing Chinese boycotts on American soybeans due to President Donald Trump's 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 don't know it, I'm 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 don't know he's worth over $500M. He doesn't know the first thing about the pain farmers are feeling from this administration's reckless actions."

Bessent added, "I believe when the announcement of the deal that with China is made public that our soybean farmers will feel very good about what's going on both for this season and coming seasons for several years."

President Trump is on a week-long trip to Asia, and is expected to meet with Chinese President Xi Jinping in South Korea on Thursday.

Ahead of the meeting, Bessent told CBS News that he "did not anticipate the 100% tariff on Chinese goods threatened by" Trump "coming into force, while China will resume substantial soybean purchases from the US."

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