Overview
- La Libertad Avanza won roughly 40.8% of the national vote and flipped key districts, narrowly overtaking Fuerza Patria in Buenos Aires province, according to official tallies.
- Provisional seat counts point to a much larger LLA presence — about 101 deputies and 19 senators — though not enough for single-party control of either chamber.
- Financial assets soared after the result, with Buenos Aires stocks up around 20%, some ADRs jumping up to 50%, sovereign bonds gaining as much as 25% and the dollar sliding; U.S. Treasury Secretary Scott Bessent and President Donald Trump publicly congratulated Milei.
- Chief of Cabinet Guillermo Francos said the administration will file tax and labor overhauls in December and begin negotiations with governors and non-LLA blocs to secure votes.
- Milei signaled cabinet changes will wait until the new Congress is seated on December 10, reaffirmed his core leadership team and prioritized fiscal and labor changes before tackling pension reform and the 2026 budget.