US EditionArgentina’s Election Hands Trump ‘Big Win’ After Bailout
Javier Milei's La Libertad Avanza party won over 40% of the vote, securing enough seats to maintain veto power after a $40 billion US economic aid package.
- On Monday, President Donald Trump credited U.S. aid, including a $40 billion bailout and Treasury Secretary Scott Bessent's role, for President Javier Milei's midterm win.
- After handing a financial lifeline earlier this month, the Trump administration conditioned the bailout on a strong showing for Milei’s party and signed the $20 billion currency swap plus a proposed $20 billion debt investment facility.
- Winning more than 40% of the vote, La Libertad Avanza party will gain 64 seats for a total of 92 in Argentina's 257-member Chamber of Deputies, while Javier Milei claims support from 101 lower-chamber members and 20 senators.
- The result insulates Javier Milei from veto overrides, enabling his spending cuts, tax and labor reforms despite public discontent over austerity measures.
- Amid U.S. criticism over withheld SNAP aid, Rohit Chopra urged `Congress should take a vote and block further bailout funds from flowing to Argentina,' warning it risks food aid for more than 40 million Americans.
21 Articles
21 Articles
Trump backing boosts Milei in midterm elections: An offer Argentina couldn't refuse?
"Speak softly and carry a big stick." That was US President Theodore Roosevelt's adage to stake out Washington's turf in the Americas. More than a century on, it's being evoked by some after an upset win in Argentina's midterm elections by a close ally of the current occupant of the White House. Only Donald Trump didn't speak softly. He bluntly warned that rejection of the party of far-right libertarian Javier Milei would imperil Washington's $2…
Trump’s bet on Javier Milei pays off
Pollsters expected a rejection of the anarcho-capitalist Argentinian President Javier Milei’s party, La Libertad Avanza, in Sunday’s midterm elections. Instead, the economist of the Austrian School turned politician’s coalition cleaned house, winning 41% of the national vote and doubling their representation in Congress. With this stunning victory, Milei has a clear mandate to expand his libertarian economic reforms that aim to save the nation’s…
Milei Scores Major Election Win in Argentina on Heels of Massive Trump Bailout
DAILY CALLER NEWS FOUNDATION—Argentine President Javier Milei scored a major win in the nation’s elections Sunday, doubling his party’s share of Congress on the heels of a multibillion-dollar economic bailout deal from the Trump administration. Milei’s Freedom Advances party is set to double their share in the Argentinian Congress, earning a mandate for his massive free-market reforms and the veto power to defend them, after his coalition secure…
US, Israel congratulate Argentina’s Milei on midterm win
The near doubling of his party's seats in parliament will allow the unorthodox head of state to push through spending cuts and his pro-U.S. and Israel policies.The post US, Israel congratulate Argentina’s Milei on midterm win appeared first on JNS.org.
Argentina’s election hands Trump ‘big win’ after bailout
Argentinian President Javier Milei’s party secured more than 40 percent of the vote in legislative elections on Sunday, delivering a major victory to President Trump, who staked U.S. financial support on the success of the libertarian Latin American ally. “I love that question because that was a big win in Argentina,” Trump told reporters on…
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