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Argentine Chief of Cabinet Asserts Authority Ahead of Congressional Crypto Probe

Guillermo Francos denies claims of diminished power, emphasizes sole executive responsibility, and prepares for historic interpellation over $LIBRA scandal.

Casa Rosada
Guillermo Francos y Santiago Caputo
Foto Federico Lopez Claro
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Overview

  • Guillermo Francos reaffirmed his exclusive authority as Chief of Cabinet, rejecting implications that advisor Santiago Caputo wields executive power.
  • President Javier Milei previously referred to Caputo as a 'second instance of political control,' fueling perceptions of internal power dynamics.
  • Francos clarified that Caputo, an external advisor and monotributista, has no formal government role or decision-making authority.
  • The Chief of Cabinet described the upcoming congressional interpellation over the $LIBRA cryptocurrency scandal as a politically motivated move unrelated to his administrative duties.
  • This interpellation marks the first of a cabinet chief in over 30 years, highlighting tensions between institutional oversight and political maneuvering.