Overview

• U.S. Treasury Secretary Scott Bessent said Washington is negotiating a $20 billion swap line with the Central Bank of Argentina as one option.
• Chief of Cabinet Guillermo Francos said the expected U.S. assistance will not arrive soon and emphasized that the government is not waiting for it.
• Francos maintained that Argentina holds sufficient resources to cover dollar demand and meet debt obligations.
• The government argued that incoming funds would not require approval by Congress, prompting warnings from opposition leaders about potential nonrecognition of such debt.
• Officials are reactivating the Consejo de Mayo to pursue political agreements ahead of the October 26 legislative elections.