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Millionaire Scott Bessent Divests Amid Ethics Conflict

12/8/2025

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Summary

Story summary

During CBS's Face the Nation, Margaret Brennan questioned Scott Bessent, a multi-millionaire, about running a soybean farm and his net worth.
Bessent, valued at about $600 million, said he managed the farm but later divested $25 million in holdings due to an ethics conflict.
His remarks about agriculture drew attention after he acknowledged the need to divest due to possible conflicts with his federal role.

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Story summary

During CBS's Face the Nation, Margaret Brennan questioned Scott Bessent, a multi-millionaire, about running a soybean farm and his net worth.
Bessent, valued at about $600 million, said he managed the farm but later divested $25 million in holdings due to an ethics conflict.
His remarks about agriculture drew attention after he acknowledged the need to divest due to possible conflicts with his federal role.