What did Donald Trump claim about the economy on 25 Jun 2026? "And in his last year, farm bankruptcy rose to the highest…"
Donald Trump, President of the United States ·
And in his last year, farm bankruptcy rose to the highest levels ever, more than 55 percent up.
Not the highest ever. Family-farm bankruptcies were 216 in 2024, well below the 599 filed in 2019, during Trump's first term.
Family-farmer (Chapter 12) bankruptcy filings were 216 in 2024, Biden's last full year, up from 139 in 2023 but well below the 599 filed in 2019, during Trump's first term (U.S. Courts, Table F-2 for 2019, 2023 and 2024).
Claim vs. the record · Economy
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The claim
- Date
- Where
- Remarks at a Rose Garden Club dinner with farmers, White House.
The record
Primary source (agency data)