Cody Easterday faces a permanent trading ban

Former Eastern Washington rancher Cody Easterday faces a permanent trading ban.

The rancher was involved in a massive fraudulent cattle scheme. He will also pay a $1 million fine to the Commodity Futures Trading Commission as part of a consent agreement filed in federal court.

Easterday has already been ordered to pay $244 million in restitution to Tyson and will serve 11 years in federal prison.

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“From a ‘what we know’ standpoint, I think we know from the Trump Administration 1.0, very transactional, high focus on bilateral agreements.”