Support for Argentina’s Javier Milei was an ‘America First homerun deal,’ says Treasury Secretary Scott Bessent.U.S. President Donald Trump greets Argentinian President Javier Milei at the White House in Washington on Oct. 14, 2025. Madalina Kilroy/The Epoch Times1/9/2026|Updated: 1/9/2026Treasury Secretary Scott Bessent said on Jan. 9 that Argentina has repaid a drawdown on the $20 billion swap line with the United States.A severe October 2025 cash crunch pushed Argentina to obtain a $20 billion backstop from the Trump administration, delivered through a currency‑swap facility that shored up the peso.Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”Author’s Selected Articles
25.4
C
Ottawa
Wednesday, June 3, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS