U.S. will not lose money on Argentina bailout, Bessent promises
Published on: Sunday 26 October 2025
The U.S. will not lose money on its massive bailout of Argentina, Treasury Secretary Scott Bessent said Sunday, despite the continued weakening of the Argentine currency. Why it matters: American intervention in Argentina's economy so far hasn't paid off, with the peso falling to record lows despite unprecedented levels of support. The big picture: The U.S. has gone all-in on President Javier Milei, who faces crucial midterm elections Sunday...
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