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Elizabeth Warren: “Besant's pals have bought up Argentina's debts. And if…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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No Argentina Bailout Act

Published | Video Starts at 09:22

That's Argentina first, not America First. But there's more. The bailout for Argentina also helps Treasury Secretary Scott Besant's billionaire hedge fund buddies. Besant's pals have bought up Argentina's debts. And if Argentina goes down, those Wall street billionaires could lose a lot of money. Bailing out Argentina gives an off ramp to the Wall street giants who want to exit their investments. And meanwhile, here at home, the Trump administration is pushing 15 million Americans toward an unwanted off ramp from their current health care. (09:22–09:33)

CLAIM

Asserts that hedge fund investors have purchased Argentina's debts and stand to lose money if Argentina defaults.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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