Wednesday, September 24, 2025
U.S. Treasury Secretary Scott Bessent admitted that Donald Trump's administration was trying to help Argentina President Javier Milei maintain power by extending billions of loans to boost that nation's economy. The U.S. will extend a $20 billion swap line to Argentina and may purchase debt from its government to boost the political fortunes for the libertarian Milei, a close ally of Trump, Bessent and other American conservatives, the treasury secretary told Fox Business host Maria Bartiromo. "I don't think the market has lost confidence in [Milei]," Bessent said. "I think the market is looking in the rearview mirror and looking at decades " about a century " of terrible Argentinian mismanagement." Scott Bessent links bailout of Argentina to Trump's election interference, even as Argentina poaches U.S. soybean markets," wrote legal expert Marcy Wheeler |
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