Scott Bessent

11 Articles
us-congress-report-suggests-legislation-to-limit-bailouts-like-argentinas

US Congress report suggests legislation to limit bailouts like Argentinas

The United States Congressional Research Service, a nonpartisan public policy research institute within the U.S. Congress, released a report last Friday suggesting that...

us-treasury-secretary-calls-argentina-centerpiece-for-latin-america-strategy

US Treasury Secretary calls Argentina centerpiece for Latin America strategy

US Treasury Secretary Scott Bessent said on Sunday that Trump’s endorsement and the US$20 billion U.S. currency swap with Argentina had enabled President...

argentina-repays-part-of-its-us.-currency-swap

Argentina repays part of its U.S. currency swap

Argentina’s Central Bank announced on Friday it has repaid the portion of the US$20 billion currency swap with the United States’ Treasury that...

us-treasury-secretary-says-argentina-has-activated-the-currency-swap

US Treasury Secretary says Argentina has activated the currency swap

US Treasury Secretary Scott Bessent confirmed on Tuesday that Argentina had activated the currency swap. The announcement put an end to days of...

us-treasury-secretary-bessent-says-he-intends-to-visit-argentina-‘soon’

US Treasury Secretary Bessent says he intends to visit Argentina ‘soon’

United States Treasury Secretary Scott Bessent said he intends to visit Argentina “soon” following the full-scale economic bailout granted by his government. Bessent...

democratic-senator-accuses-trump-of-‘buying’-milei’s-win-as-spat-over-bailout-grows

Democratic senator accuses Trump of ‘buying’ Milei’s win as spat over bailout grows

President Javier Milei’s landslide victory in Argentina’s midterms is causing new rifts in the United States, as Democratic senator Elizabeth Warren accused President...

trump-congratulates-milei-on-‘landslide-victory’-in-argentina’s-midterms

Trump congratulates Milei on ‘landslide victory’ in Argentina’s midterms

United States President Donald Trump congratulated his Argentine counterpart, Javier Milei, on his “landslide victory” in Sunday’s national midterms and said he had...

scott-bessent-uses-word-‘peronist’-to-insult-democratic-lawmaker

Scott Bessent uses word ‘Peronist’ to insult Democratic lawmaker

United States Treasury Secretary Scott Bessent called Democratic senator Elizabeth Warren an “American Peronist” on Friday after she told U.S. banks not to...

central-bank-sells-us$45.5-million,-but-peso-slides-anyway

Central Bank sells US$45.5 million, but peso slides anyway

Argentinas Central Bank sold US$45.5 million on Tuesday in its first exchange market intervention in over a month. The peso lost ground anyway,...

scott-bessent-confirms-argentina-us-currency-swap-has-been-signed

Scott Bessent confirms Argentina-US currency swap has been signed

United States Treasury Secretary Scott Bessent confirmed on Tuesday that his office has signed a US$20 billion currency swap with Argentina’s central bank...