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Economic Rescue

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U.S. Supports Argentina's $20 Billion Bailout Amid Peso Decline and Political Tensions

Originally Published 2 months ago — by CNN

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Source: CNN

Treasury Secretary Scott Bessent defended the $20 billion currency swap with Argentina during the government shutdown, emphasizing its importance for national security and global financial stability, despite questions from Senator Elizabeth Warren about private-sector involvement and the effectiveness of the aid.