The US bet big with Argentina bailout - is it paying off?

Published: 10/31/2025
The US bet big with Argentina bailout - is it paying off?
The US intervened in Argentina to stabilize the plunging peso and support President Milei before the recent elections. Despite some success politically, the peso has continued to fall, posing financial risks for the US. Treasury Secretary Scott Bessent faces challenges as the peso struggles, with questions raised about the impact on US taxpayers and the sustainability of Argentina's currency policies.