Big Investors Await Windfall From Trump’s Argentina Bailout

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'During a White House meeting with Argentine President Javier Milei on October 14, 2025, Donald Trump explicitly tied a U.S. financial lifeline to Argentina's political future. Trump stated that helping Milei and his "great philosophy" succeed was a primary motivation for the aid.

Speaking of Milei's free-market and right-wing platform, Trump said he was "just helping a great philosophy take over a great country". He also called Milei "MAGA all the way" and said he would not "waste our time" with Argentina if Milei's political opponents were to gain power.' Google AI 

(Meanwhile Trump and the neoliberal globalists attack and sanction any Latin American government that is even slightly socialist or truly populist.) 

from the New York Times

The Trump administration moved forward on Thursday with its bailout of Argentina, making a direct purchase of pesos and finalizing terms of a $20 billion lifeline, Treasury Secretary Scott Bessent said.

The terms and conditions of the economic support package were not announced, but Mr. Bessent said the funds would come in the form of a currency swap with Argentina’s central bank. Big global investors have been anxiously awaiting the details of the bailout, which critics have said will benefit wealthy fund managers at a time when American farmers are struggling and the U.S. government is shut down.

Officials from both countries spent the last four days racing to finalize terms of the bailout ahead of high-stakes legislative elections in Argentina later this month and a visit to Washington next week by President Javier Milei, Argentina’s libertarian leader who is a close ally of President Trump.

“Argentina faces a moment of acute illiquidity,” Mr. Bessent wrote on X. “The U.S. Treasury is prepared, immediately, to take whatever exceptional measures are warranted to provide stability to markets.”

The Treasury secretary added that American business leaders have told him that they want to deepen ties with Argentina and that the Trump administration will stand behind its Latin American ally.

But the administration’s decision to rescue Argentina’s economy is raising concerns about whether the real aim is to help rich investors whose bets on Argentina could falter if its economy sinks.

Scott Bessent 'We Are Going to be the Largest De-Regulated Economy in the World'

by Scott Creighton 

UPDATE: 3:22 mark of this video talks about Chinese exporters deciding to withhold products from U.S. markets and just before that it talks about China making arrangements to sell to other nations. Seems like China has decided to deny the Glorious Trump the 145% tax he intends to collect from the American people on Chinese goods.

Wall Street Cheers Trump's Treasury Pick, Corporate Tax Cut Proponent Scott Bessent

from Common Dreams

With the stock market surging Monday morning after U.S. President-elect Donald Trump's nomination of hedge fund manager Scott Bessent to be treasury secretary, some Wall Street executives said they were celebrating a "reasonable" pick who would moderate some of Trump's most extreme proposals.

But economic justice advocates and experts said the jubilation was likely over expectations that Bessent will deliver "trillions in tax cuts to the ultra-wealthy."

Jeffrey Sonnenfeld, founder and president of the Yale Chief Executive Institute, toldCNN that the billionaire Key Square Group executive is a "pragmatic" choice who supports only "selective tariffs" and could dial back Trump's plan to introduce across-the-board tariffs of up to 20% on imported goods—a plan that economists say would raise prices for U.S. households.

But Bessent himself told radio host Larry Kudlow on Saturday that tariffs "can't be inflationary."

David Kass, executive director of the economic justice group Americans for Fair Taxation (ATF), said that during Bessent's confirmation process, the organization will work to ensure lawmakers get answers to questions about whether the Wall Street billionaire plans to use tariffs to fund another Trump plan Bessent has endorsed: the renewal of the 2017 tax cuts.

"As income inequality is soaring and Americans are being crushed by the rising costs of living, we have to ask why billionaire Scott Bessent supports renewing the Trump tax bill, which gives trillions in tax cuts to the ultra-wealthy and mega-corporations," Kass said. "Moreover, we also need to know how Mr. Bessent would fund this massive tax giveaway. Will he make working and middle-class Americans foot the bill by enacting wide-ranging cuts to vital government programs like Social Security and Medicare? Will he squeeze Main Street by raising prices on essential goods through tariffs?"...

read more here