{"id":2489505,"date":"2025-09-22T11:45:01","date_gmt":"2025-09-22T15:45:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/scott-bessent-says-treasury-ready-to-help-argentina\/"},"modified":"2025-09-22T11:46:27","modified_gmt":"2025-09-22T15:46:27","slug":"scott-bessent-says-treasury-ready-to-help-argentina","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/scott-bessent-says-treasury-ready-to-help-argentina\/","title":{"rendered":"Scott Bessent says Treasury ready to help Argentina"},"content":{"rendered":"

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The article reports that U.S.Treasury Secretary Scott Bessent announced Washington’s commitment to assist Argentina amid a market downturn under President Javier Milei’s libertarian administration. Bessent detailed that President Donald Trump would meet with Milei in New York to discuss stabilization measures. The U.S. considers Argentina a “systemically crucial” ally in latin America and is open to various support options,including currency swaps,direct currency purchases,and buying U.S. dollar-denominated debt<\/a> through the Treasury’s Exchange Stabilization Fund. Bessent expressed confidence in Milei’s fiscal discipline and pro-growth reforms as essential to reversing Argentina’s economic decline. Despite these reforms, Argentina’s market has suffered notable losses recently, with the MERVAL stock index dropping substantially over the past months. Additional challenges include the central bank’s recent $1.1 billion intervention to support the peso. This U.S. assistance would complement a $20 billion IMF bailout deal reached earlier in the year to stabilize Argentina’s economy.

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