Argentina, Bessent
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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.
Argentina's President Javier Milei visited the White House this week, days after the Trump administration announced a currency swap with Argentina.
The Trump administration is seeking to secure a total of $40 billion in financial assistance for Argentina to help the country’s libertarian leader stabilize its turbulent financial markets.
The Trump administration's $20 billion bailout of the Argentine economy has raised questions given the scant details.
Agriculture Secretary Brooke Rollins texted Bessent to point out that Argentina scored a big soybean deal with China after a U.S. bailout — while U.S. farmers were out of luck.
Argentina’s sovereign bonds briefly spiked Wednesday after media outlets reported that US Treasury Secretary Scott Bessent is preparing aid totaling $40 billion for Javier Milei’s government, double the previous pledge.
For Trump, the leader of Argentina is more important than American families struggling with rising costs,” said Warren.
The United States is supporting Argentina as "a beacon" in the Western Hemisphere and wants to avoid another failed state, such as Venezuela, in the region, Treasury Secretary Scott Bessent said on Thursday.