You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

U.S. Begins Implementation of $20 Billion Bailout for Argentina

HeadlineOct 10, 2025

Treasury Secretary Scott Bessent announced that the U.S. has begun implementing parts of a bailout for Argentina by finalizing a $20 billion currency swap with Argentina’s central bank. Argentina’s far-right President Javier Milei is an ally of President Trump. On Thursday, eight Democratic senators introduced a bill that would prevent the Treasury Department from rescuing Argentina’s economy. Democratic Senator Elizabeth Warren said, “It is inexplicable that President Trump is propping up a foreign government, while he shuts down our own.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top