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Economic security is national security. And this administration successfully pursued peace through economic strength to stabilize an ally in Latin America. Our intervention in Argentina was never a “bailout.” It was a swap line that made money for the American people.

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Treasury Secretary Scott Bessent

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382,184 views • 8 months ago •via X (Twitter)

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Reporter: How does a $20 billion bailout of Argentina help Americans? Bessent: Do you know what a swap line is? Reporter: A currency swap, yes. Bessent: But what is that? Why would you call it a “bailout?” In most bailouts, you don't make money. The US government made money.
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