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1h ago

U.S. Treasury Vows Support for Argentina as Milei Thanks Trump and Bessent

The public signal comes as Buenos Aires seeks to reinforce central‑bank reserves, with officials cautioning that no specific U.S. package has been agreed.

President Donald Trump motions to spectators as Secretary of Treasury, Scott Bessent, and Steve Witkoff talk during the men's singles final of the U.S. Open tennis championships, Sunday, Sept. 7, 2025, in New York. (AP Photo/Yuki Iwamura)
Milei agradeció a Estados Unidos el "apoyo al pueblo argentino"
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Overview

  • Treasury Secretary Scott Bessent called Argentina a systemically important ally and said the department will do what is necessary within its mandate to support the country.
  • Bessent outlined potential tools that could be considered, including swap lines, direct currency purchases, and Exchange Stabilization Fund purchases of U.S. dollar‑denominated Argentine debt.
  • President Javier Milei reposted Bessent’s message on X, offered an emphatic thank‑you to Bessent and President Donald Trump, and wrote that he would see them Tuesday in New York.
  • Milei postponed his arrival in New York to Tuesday for a midday meeting with Trump that is expected to include Bessent and Economy Minister Luis Caputo.
  • Foreign Minister Gerardo Werthein denied reports of a $30 billion U.S. loan under negotiation, saying talks with the Treasury have not begun and that Tuesday’s meeting will focus on bilateral relations.