Overview

• Trump publicly gave Milei his “complete and total” backing for re‑election and reiterated the message in person during a brief UN meeting in New York.
• U.S. Treasury Secretary Scott Bessent said all stabilization options are under review, including swaps, direct FX purchases and ESF purchases of dollar debt.
• Argentine Economy Minister Luis Caputo said a specific loan amount has been discussed but remains undisclosed while teams work around the clock pending a Treasury announcement.
• Press reports cite negotiations around a roughly USD 28–30 billion Treasury facility, while the World Bank moved to accelerate up to USD 4 billion in support in the coming months.
• Signals of U.S. backing lifted Argentine markets, and Trump said the U.S. will help Argentina while suggesting he does not believe a full rescue is needed.