Overview
- Bessent praised President Javier Milei’s evolution from thinker to high‑level political leader and highlighted his growing ties with provincial governors.
- He said Argentina is now the central piece of Washington’s regional approach and suggested the political shift could spread to Paraguay, Chile, Bolivia and potentially Colombia.
- Defending the October 2025 currency swap, Bessent stressed it was a loan rather than a gift, said the U.S. made money on the operation, and credited President Donald Trump’s leadership.
- He noted Argentina has already repaid about $2.54 billion drawn from the facility, describing the repayment as quick and complete.
- Bessent alleged actors linked to Kirchnerism tried to roil markets before the 2025 vote and said a major unnamed mining company is evaluating a $10–12 billion investment in Argentina.