Overview

• Treasury Secretary Scott Bessent met Argentina’s economy chief Luis Caputo in Washington and described the talks as productive.
• Officials say a roughly $20 billion currency swap is one option under consideration, with no instrument yet selected.
• Sen. Elizabeth Warren posted a video of President Javier Milei and condemned sending $20 billion while U.S. healthcare faces cuts.
• Senate Democratic leader Chuck Schumer criticized the prospective aid and cited the ongoing federal shutdown and budget standoff.
• Argentina’s team also met IMF Managing Director Kristalina Georgieva, but no details or timetable for any U.S. support have been disclosed.