U.S. Bails Out Argentina: Concerns Raised Over Spending, Process
On Thursday, the Trump administration finalized a financial rescue plan for Argentina. Treasury Secretary Scott Bessent intervened directly in global currency markets, purchasing Argentine pesos. This unusual move aimed to alleviate economic pressure on President Javier Milei. Milei, known for his support of President Donald Trump, is the beneficiary of this financial aid.
John Q. Hosedrinker