The administration agreed to send $20 billion in American taxpayer money to Argentina's central bank. And that loan is evidently just the Start. Secretary Bessant also revealed the treasury started purchasing Argentine pesos directly and promised that going forward, treasury would do whatever it takes to keep Argentina's financial markets afloat, including buying up the country's debt. Secretary Besant seems to be saying that the American economy can tank and Americans can pay higher prices, but there will be no end to using American taxpayer dollars to to bail out Argentina. (05:36–05:56)
CLAIM
Asserts that the Treasury Department is actively supporting Argentina's financial markets, including buying its debt.
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.
