Treasury Secretary Scott Bessent suggested Wednesday that planned investments in Argentina from several major U.S. companies could depend on the results of the country's upcoming legislative elections.
In a Wednesday post on social media, Bessent outlined several steps the U.S. was taking to prop up the Argentine economy and financial sector. These measures included a commitment to purchase Argentina's U.S. bonds and an unspecified amount of government debt, along with the opening of a currency swap line.
President Trump and Bessent met Tuesday with Argentine President Javier Milei on the sidelines of the United Nations General Assembly as Argentina seeks help navigating a financial crisis. The president offered his endorsement to Milei after agreeing to give Argentina a crucial financia