Trumps Hands Over $20 Billion of US Taxpayers Money to Bail Out Argentina’s Milei and His Business Buddies
All in the midst of a national government shutdown
Trump’s administration has funneled billions into a bailout for Argentina that disproportionately benefits the business interests of his political allies. The president and Secretary of Treasury Scott Bessent’s financial scheme erases any distinction between economic diplomacy and political manipulation.
This kind of transactional policymaking undermines the credibility of global markets, corrodes the trust that undergirds multilateral cooperation, and replaces a shared economic order based on free market cooperation and competition with one driven by coercion and cronyism.
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