I get a kick out of the idea of Scott Bessent going to farmers and saying "I'm just like you!"
Smith: How do you respond to Minnesota farmers who cannot afford the fertilizer they need?
Bessent: The definition of a farmer is someone who owns a farm and farmed the land so as a former farmer I will tell you…. There is no doubt farmers have been struggling but there was a record crop last year and what to record crops lead to? Lower prices.
Smith: I will take that back to my producers in Minnesota, that they have somebody in this department of treasury, a former farmer, who is feeling their pain.