Overview
- The Treasury secretary said he phoned Javier Milei from South Korea to congratulate him on La Libertad Avanza’s midterm win, and Milei replied that Bessent will visit Argentina soon.
- He wrote that the U.S.–Argentina “economic bridge” now generates gains for the American people, framing the partnership as mutually beneficial.
- He urged investors to readily provide Argentina with 2026 financing, signaling confidence meant to stabilize market expectations.
- He publicly attacked Democratic senators Elizabeth Warren and Amy Klobuchar and blamed Congress for the ongoing shutdown’s halt to farm aid and Farm Credit Agency activation, with the CBO estimating about $7 billion in monthly economic losses.
- Multiple outlets credit him as the architect of a reported $20 billion currency swap with Argentina’s central bank and of pre-election peso purchases that helped calm FX turbulence.