Bessent Stakes Credibility and Taxpayer Money on Argentina Bet

nytimes.com/2025/10/17/us/politics/trump-argentina-bailout-bessent.html

Treasury Secretary Scott Bessent, a former hedge fund manager, is orchestrating a $20 billion lifeline to prop up the Argentine peso, which has been declining in value.

This story appeared on nytimes.com, 2025-10-17 16:38:31.
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