Treasury Secretary Scott Bessent — whose net worth is estimated at more than $500 million — on Sunday said he was sharing in the pain of the farm export crisis as a soybean farmer himself.

Why it matters: China has cut off purchases of U.S. soybeans amid the trade war, depriving farmers of their largest export market and an estimated $13 billion in annual sales. • That has been devastating for the agricultural sector, which is awaiting an oft-promised bailout from the administration.

What they're saying: Bessent did the rounds of the Sunday morning TV news shows to discuss a framework deal with China, one that he hinted would include relief for farmers. • But it was in an interview with Martha Raddatz on ABC's "This Week" that he sought to cast his own lot with the farm community.

See Full Page