Nobel Prize-winning economist, Paul Krugman has slammed U.S. Treasury Secretary Scott Bessent for the administration’s $20 billion aid package for Argentina, calling it a lifeline for his “hedge fund buddies,

Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States.

Treasury bought Argentine pesos in the spot and "Blue Chip Swap" markets on Thursday and it continues to monitor all markets, Treasury Secretary Scott Bessent said on Friday. "Treasury is monitoring all markets,

You can take the man out of the hedge fund, but you can’t take the hedge fund out of the man. As I’ve mentioned here before, Treasury Secretary Scott Bessent — a long-time asset manager who made a living placing bets on foreign currencies — has taken his taste for speculation with him to the US government.

The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies.

US Treasury Secretary Scott Bessent announces that the United States bought the currency Thursday on the parallel exchange rate known among investors as the “blue chip swap.”

The top Democrat on the Senate Foreign Relations Committee warned of risks in Treasury Secretary Scott Bessent’s plan to bolster Argentina’s currency with a $20 billion lifeline, given the country’s “troubled history of loan defaults.

Argentina's financial markets bounced back on Wednesday following an intervention and new statements from US Secretary of the Treasury Scott Bessent after initial fearful trading resulting from US President Donald Trump's conditional endorsement of the South American country.