Democratic Sen. Elizabeth Warren and Treasury Secretary Scott Bessent are clashing over Argentina financial aid during the ...

Agriculture Secretary Brooke Rollins texted Bessent to point out that Argentina scored a big soybean deal with China after a ...

Finalizing a $20 billion lifeline for Argentina using taxpayers’ funds during the government shutdown was an essential action ...

Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the ...

US Treasury Secretary Scott Bessent comes to the rescue of hedge funds including BlackRock, Fidelity, Pimco and Discovery Capital Management, all of which bought Argentine bonds. Several fund managers ...

However, the Trump administration is now using dollar hegemony (ie geofinance) in new ways — not only via sanctions but also ...

The US spent an amount well in excess of US$1 billion this month acquiring Argentine pesos, according to market estimates.

The US, meanwhile, faces exposure to potential losses on its currency purchases and risks being left on the hook providing a ...

Argentina's President Javier Milei visited the White House this week, days after the Trump administration announced a ...

The Trump administration is seeking to secure a total of $40 billion in financial assistance for Argentina to help the ...

The Trump administration's Treasury secretary is expecting "substantial real income increases" in the first quarter of 2026, ...

Bessent said President Donald Trump will meet with Argentine President Javier Milei in New York to discuss the situation.