U.S. Treasury Secretary Scott Bessent rebutted claims that the administration’s action is a bailout.
Argentine President Javier Milei arrives to speak during the annual Conservative Political Action Conference (CPAC) in Oxon Hill, Md., on Feb. 22, 2025. Madalina Vasiliu/The Epoch Times
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The U.S. government has finalized a $20 billion economic rescue plan for Argentina, Treasury Secretary Scott Bessent announced on Oct. 9.
Bessent stated last month that all options were on the table to support Argentine President Javier Milei’s economic agenda by employing multiple stabilization tools.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
