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Elizabeth Warren: “The administration agreed to send $20 billion in American…”

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

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No Argentina Bailout Act

Published | Video Starts at 05:24

Even while the Trump administration is trying to fire more American workers and shut down more services here in the United States, Donald Trump is carefully keeping open the office at the Treasury Department responsible for executing his bailout of Argentina's financial markets. 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. (05:24–05:33)

CLAIM

Asserts that the Trump administration agreed to send $20 billion to Argentina's central bank.

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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