Scott Bessent Backs Argentina: "Could We Do It Again? Sure," He Said.
6 Articles
6 Articles
The U.S. Treasury Secretary suggested he could re-use the swap to support Milei.He said he was allowed to win the election last year, and praised the stabilization process.
Scott Bessent admitted that the U.S. Treasury could again intervene in support of Javier Milei through the bilateral swap scheme. The entry Scott Bessent contemplates new financial aid to the country was first published in OPI Santa Cruz.
Scott Bessent explained why Washington supported Javier Milei's government and highlighted the regional impact of financial assistance.
The U.S. Treasury Secretary called Milei “a great ally” and argued that intervention in the Argentine market allowed “to generate profits for the American people.”
“Could we do it again?” Bessent responded by being consulted on future interventions by the US Treasury, during an interview with a website.
The US Treasury Secretary defended the use of bilateral swaps to stabilize the Argentine economy before the elections.
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