US Treasury Secretary Scott Bessent has said a “large and forceful” intervention is on the table to support Argentina through a bout of severe market volatility, throwing a lifeline to libertarian President Javier Milei.
In comments to reporters and on social media on Monday, Bessent said Washington was considering purchases of Argentina’s currency or sovereign debt by a fund controlled by the US Treasury, adding that “all options” were on the table.
The US Treasury secretary evoked the words of Mario Dragh