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Ingraham: U.S. Treasury finalized $20 billion currency swap framework with Argentina… What do we get out of it? Bessent: We get a lot out of it… he is committed to getting China out of Argentina Ingraham: It’s not a bailout? Bessent: Not a bailout at all… buy low, sell... show more

Acyn

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Scott Bessent on the $20 billion bailout of Argentina: "It is America First because we are supporting a U.S. ally."

Scott Bessent on the $20 billion bailout of Argentina: "It is America First because we are supporting a U.S. ally."

The Bulwark

366,116 Aufrufe • vor 8 Monaten

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.

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.

unusual_whales

2,754,553 Aufrufe • vor 8 Monaten

MSNBC: "How does a $20 billion bailout of Argentina help Americans?" Scott Bessent: "Do you know what a swap line is?" MSNBC: "It's a currency swap." Bessent: "In most bailouts, you don't make money. The US government made money."

MSNBC: "How does a $20 billion bailout of Argentina help Americans?" Scott Bessent: "Do you know what a swap line is?" MSNBC: "It's a currency swap." Bessent: "In most bailouts, you don't make money. The US government made money."

Resist the Mainstream

52,475 Aufrufe • vor 8 Monaten

🚨 BREAKING: Treasury Sec. Scott Bessent just EMBARRASSED MSNBC for thinking they know more about economics than he does 🔥 MSNBC: How does a $20 billion bailout of Argentina help Americans?! BESSENT: Do you know what a swap line is? MSNBC: 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! Never go toe-to-toe with Scott on the economy!

🚨 BREAKING: Treasury Sec. Scott Bessent just EMBARRASSED MSNBC for thinking they know more about economics than he does 🔥 MSNBC: How does a $20 billion bailout of Argentina help Americans?! BESSENT: Do you know what a swap line is? MSNBC: 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! Never go toe-to-toe with Scott on the economy!

Eric Daugherty

2,114,351 Aufrufe • vor 8 Monaten

MSNBC: How does a $20b bailout of Argentina help Americans? BESSENT: Do you know what a swap line is? Why would you call it a bailout? The US government made money

MSNBC: How does a $20b bailout of Argentina help Americans? BESSENT: Do you know what a swap line is? Why would you call it a bailout? The US government made money

Aaron Rupar

102,614 Aufrufe • vor 8 Monaten

Treasury Secretary Scott Bessent embarrasses MS NOW's Jonathan Lemire by absolutely shredding the fake news host's Argentina bailout gotcha: Lemire: "How does a $20 billion bailout of Argentina help Americans?" Bessent: "Do you know what a swap line is?" Lemire: "It's a currency swap, yes." Bessent: "Yes, but what is that?" Lemire: "That's-, you're the Treasury Secretary, sir." Bessent: "Yes, but why would you call it a bailout?" Lemire: "That is how..." Bessent: "In most bailouts, you don't make money. The US government made money...So by stabilizing the economy there and making a profit, then that's a very good deal for the American people. And there's a lot we could've been doing for American farmers, but Democrats closed the government." An absolute masterclass in responding to a biased question from the fake news media—Bessent doesn't miss a beat. 🫳🎤

Treasury Secretary Scott Bessent embarrasses MS NOW's Jonathan Lemire by absolutely shredding the fake news host's Argentina bailout gotcha: Lemire: "How does a $20 billion bailout of Argentina help Americans?" Bessent: "Do you know what a swap line is?" Lemire: "It's a currency swap, yes." Bessent: "Yes, but what is that?" Lemire: "That's-, you're the Treasury Secretary, sir." Bessent: "Yes, but why would you call it a bailout?" Lemire: "That is how..." Bessent: "In most bailouts, you don't make money. The US government made money...So by stabilizing the economy there and making a profit, then that's a very good deal for the American people. And there's a lot we could've been doing for American farmers, but Democrats closed the government." An absolute masterclass in responding to a biased question from the fake news media—Bessent doesn't miss a beat. 🫳🎤

Julia 🇺🇸

535,088 Aufrufe • vor 2 Monaten

“It’s not about bailing out Argentina — it’s about bailing out Scott Bessent’s friends,” Ryan Grim explains, noting that the proposed $20 billion U.S. bailout of Milei would shore up the financial interests of Bessent’s inner circle and associates. Bessent, the Treasury Secretary under Trump was previously the chief investment officer at Soros Fund Management.

“It’s not about bailing out Argentina — it’s about bailing out Scott Bessent’s friends,” Ryan Grim explains, noting that the proposed $20 billion U.S. bailout of Milei would shore up the financial interests of Bessent’s inner circle and associates. Bessent, the Treasury Secretary under Trump was previously the chief investment officer at Soros Fund Management.

Drop Site

48,948 Aufrufe • vor 8 Monaten

🚨 Scott Bessent just HUMILIATED MSNBC live on air! 🔥 They pushed the fake "$20 billion bailout of Argentina" narrative... MSNBC: How does a $20 billion bailout help Americans?! BESSENT: Do you know what a swap line is? MSNBC: A currency swap, yes. BESSENT: But what IS that? Why would you call it a “bailout?” In most bailouts you lose money. The US government MADE MONEY! Fake news media gets owned again. Never go toe-to-toe with a Trump appointee on economics! Do you support Scott Bessent schooling the media like this? A. YES 💥 B. NO If you picked YES, drop a THUMBS UP 👍 and RETWEET this to make it VIRAL! Trump’s team is winning. LET’S GO 🇺🇸👏

🚨 Scott Bessent just HUMILIATED MSNBC live on air! 🔥 They pushed the fake "$20 billion bailout of Argentina" narrative... MSNBC: How does a $20 billion bailout help Americans?! BESSENT: Do you know what a swap line is? MSNBC: A currency swap, yes. BESSENT: But what IS that? Why would you call it a “bailout?” In most bailouts you lose money. The US government MADE MONEY! Fake news media gets owned again. Never go toe-to-toe with a Trump appointee on economics! Do you support Scott Bessent schooling the media like this? A. YES 💥 B. NO If you picked YES, drop a THUMBS UP 👍 and RETWEET this to make it VIRAL! Trump’s team is winning. LET’S GO 🇺🇸👏

Right Scope 🇺🇸

44,974 Aufrufe • vor 19 Tagen

Reporter: Treasury Secretary Scott Bessent says the US finalized this controversial $20 billion financial lifeline for Argentina and also took the unusual step of directly buying Argentine pesos to prop up their struggling currency. Democrats and some Republicans are accusing the Trump administration of bailing out Argentina at a time while hundreds of thousands of workers here are not getting paid and farmers are facing hardship.

Reporter: Treasury Secretary Scott Bessent says the US finalized this controversial $20 billion financial lifeline for Argentina and also took the unusual step of directly buying Argentine pesos to prop up their struggling currency. Democrats and some Republicans are accusing the Trump administration of bailing out Argentina at a time while hundreds of thousands of workers here are not getting paid and farmers are facing hardship.

FactPost

203,067 Aufrufe • vor 9 Monaten

🇦🇷The Argentina Bailout: Who Really Benefits? The Trump administration just finalized a $20 billion financial rescue for Argentina, but critics suggest it’s really a bailout for Wall Street hedge funds. 📌 How the $20 Billion Works 🔸The package has three components: 1. A $20 billion currency-swap line, letting Argentina trade pesos for dollars to support its collapsing currency. 2. U.S. Treasury purchases of Argentine bonds, both new and existing. 3. An emergency credit line if the peso crisis deepens. Treasury Secretary Scott Bessent insists this isn’t a bailout, but the structure closely mirrors previous rescues like Mexico’s 1994 bailout. 💰The Wall Street Connection: Major U.S. investors — BlackRock, Fidelity, PIMCO, and billionaires Stan Druckenmiller and Robert Citrone, all heavy holders of Argentine debt — stand to gain the most. Citrone, a former Soros colleague of Bessent, reportedly urged intervention as Argentine bonds risked default. The deal now shields those bets with U.S. support. Sen. Elizabeth Warren and seven other Democrats have moved to block the package, warning that it privatizes profits while socializing losses — echoing 2008’s bailout dynamics. They say they are investigating whether hedge funds influenced the Treasury’s decision. 🌾 Domestic Fallout U.S. soybean farmers say the plan rewards Argentina’s export surge while undercutting their prices. Watch Breaking Points (Ryan Grim & Emily Jashinsky) break down how this bailout strengthens Wall Street and crushes U.S. farmers.

🇦🇷The Argentina Bailout: Who Really Benefits? The Trump administration just finalized a $20 billion financial rescue for Argentina, but critics suggest it’s really a bailout for Wall Street hedge funds. 📌 How the $20 Billion Works 🔸The package has three components: 1. A $20 billion currency-swap line, letting Argentina trade pesos for dollars to support its collapsing currency. 2. U.S. Treasury purchases of Argentine bonds, both new and existing. 3. An emergency credit line if the peso crisis deepens. Treasury Secretary Scott Bessent insists this isn’t a bailout, but the structure closely mirrors previous rescues like Mexico’s 1994 bailout. 💰The Wall Street Connection: Major U.S. investors — BlackRock, Fidelity, PIMCO, and billionaires Stan Druckenmiller and Robert Citrone, all heavy holders of Argentine debt — stand to gain the most. Citrone, a former Soros colleague of Bessent, reportedly urged intervention as Argentine bonds risked default. The deal now shields those bets with U.S. support. Sen. Elizabeth Warren and seven other Democrats have moved to block the package, warning that it privatizes profits while socializing losses — echoing 2008’s bailout dynamics. They say they are investigating whether hedge funds influenced the Treasury’s decision. 🌾 Domestic Fallout U.S. soybean farmers say the plan rewards Argentina’s export surge while undercutting their prices. Watch Breaking Points (Ryan Grim & Emily Jashinsky) break down how this bailout strengthens Wall Street and crushes U.S. farmers.

Drop Site

59,153 Aufrufe • vor 9 Monaten

Did the U.S. government just bail out Argentina? No. Here I explain why Treasury Secretary Scott Bessent is right to support Argentina with a swap line and why it is good for America.

Did the U.S. government just bail out Argentina? No. Here I explain why Treasury Secretary Scott Bessent is right to support Argentina with a swap line and why it is good for America.

Daniel Di Martino 🇺🇸🇻🇪

28,790 Aufrufe • vor 8 Monaten

CNN's Scott Jennings sets the record straight in a panel on U.S. financial dealings with Argentina under President Trump. A panelist accused Trump of giving "$40 billion" to Argentina while Americans face economic hardships. Jennings quickly corrected: "It was a currency swap. We didn't give them $40 billion... It was a currency swap that we made a profit on." This refers to the Treasury Department's $20 billion currency swap line with Argentina's central bank in October 2025, plus considerations for an additional $20 billion in related financing. As Treasury Secretary Scott Bessent stated, the U.S. profited from the arrangement while supporting a key ally. Currency swaps like this involve temporary exchanges with repayment, not outright gifts.

CNN's Scott Jennings sets the record straight in a panel on U.S. financial dealings with Argentina under President Trump. A panelist accused Trump of giving "$40 billion" to Argentina while Americans face economic hardships. Jennings quickly corrected: "It was a currency swap. We didn't give them $40 billion... It was a currency swap that we made a profit on." This refers to the Treasury Department's $20 billion currency swap line with Argentina's central bank in October 2025, plus considerations for an additional $20 billion in related financing. As Treasury Secretary Scott Bessent stated, the U.S. profited from the arrangement while supporting a key ally. Currency swaps like this involve temporary exchanges with repayment, not outright gifts.

Media Lies

62,459 Aufrufe • vor 6 Monaten

#BREAKING: Legendary #Maddow: "Scott Bessent, Trump's Treasury Secretary...just gave Argentina $20 billion of your money to prop up the government of Argentina...this is NOT something we're doing to protect ourselves, it is just a favor to them...a $20 billion bailout that ALREADY appears quite possibly to be lost down a deep dark well because...CNBC reports today that markets today reacted in such a way that indicates $20 billion might NOT be enough. Argentina might tank ANYWAY."😳

#BREAKING: Legendary #Maddow: "Scott Bessent, Trump's Treasury Secretary...just gave Argentina $20 billion of your money to prop up the government of Argentina...this is NOT something we're doing to protect ourselves, it is just a favor to them...a $20 billion bailout that ALREADY appears quite possibly to be lost down a deep dark well because...CNBC reports today that markets today reacted in such a way that indicates $20 billion might NOT be enough. Argentina might tank ANYWAY."😳

Emoluments Clause

203,845 Aufrufe • vor 8 Monaten

This Administration giving a bailout to Argentina of $20 billion dollars when our soybean farmers are filing bankruptcy is atrocious! Then what makes it worse is Argentina then selling their Soybeans to China! I@ curious what the real reason Trump bailed them out! 😡

This Administration giving a bailout to Argentina of $20 billion dollars when our soybean farmers are filing bankruptcy is atrocious! Then what makes it worse is Argentina then selling their Soybeans to China! I@ curious what the real reason Trump bailed them out! 😡

Suzie rizzio

10,133 Aufrufe • vor 9 Monaten

Ingraham: Who suggested that Zelenskyy needed to hit the road? Bessent: It was a group decision that he needed to be moved out of the oval.

Ingraham: Who suggested that Zelenskyy needed to hit the road? Bessent: It was a group decision that he needed to be moved out of the oval.

Acyn

71,264 Aufrufe • vor 1 Jahr

MILEI: SWAP IS NO DEBT FOR ARGENTINA, NOR THE U.S. -Milei: The swap is intended to provide Argentina with the financing to honor its debt, but the U.S. Treasury showed that the support goes beyond that, because it also bought pesos on the foreign exchange market. -Journalist: Some Americans wonder, why are our tax-dollars going to Argentina? -Milei: Firstly, just as the swap does not increase Argentina's debt, it does not increase the U.S. debt either. It is a currency exchange. On the other hand, it is normal practice for Central Banks to buy currencies from other countries to build up reserves, even to buy government securities. Therefore it is nothing that is not within the logic of what a Central Bank does. And if you see that some assets are very cheap, such as the Argentine peso, or the Argentine Government bond-positions, well it is a good opportunity and that's what Treasury Secretary Bessent said. Source: CNBC Javier Milei

MILEI: SWAP IS NO DEBT FOR ARGENTINA, NOR THE U.S. -Milei: The swap is intended to provide Argentina with the financing to honor its debt, but the U.S. Treasury showed that the support goes beyond that, because it also bought pesos on the foreign exchange market. -Journalist: Some Americans wonder, why are our tax-dollars going to Argentina? -Milei: Firstly, just as the swap does not increase Argentina's debt, it does not increase the U.S. debt either. It is a currency exchange. On the other hand, it is normal practice for Central Banks to buy currencies from other countries to build up reserves, even to buy government securities. Therefore it is nothing that is not within the logic of what a Central Bank does. And if you see that some assets are very cheap, such as the Argentine peso, or the Argentine Government bond-positions, well it is a good opportunity and that's what Treasury Secretary Bessent said. Source: CNBC Javier Milei

Argentina's Milei News 🇦🇷🤝🌎

192,183 Aufrufe • vor 8 Monaten

Treasury Scott Bessent is defending the Trump administration’s $20 billion financial lifeline for Argentina as it faces an economic crisis. “I can tell you that the Exchange Stabilization Fund has never lost money. It will not lose money this time,” Bessent says. “And we are not giving money to Argentina. It is a swap line, which the U.S. has done many times in the past, and we've never lost money.”

Treasury Scott Bessent is defending the Trump administration’s $20 billion financial lifeline for Argentina as it faces an economic crisis. “I can tell you that the Exchange Stabilization Fund has never lost money. It will not lose money this time,” Bessent says. “And we are not giving money to Argentina. It is a swap line, which the U.S. has done many times in the past, and we've never lost money.”

Face The Nation

27,658 Aufrufe • vor 8 Monaten

Ingraham: And in the end, he is a pragmatist. And a populist. He is not a globalist, and he's not a sell-out.

Ingraham: And in the end, he is a pragmatist. And a populist. He is not a globalist, and he's not a sell-out.

Acyn

197,784 Aufrufe • vor 8 Monaten

Why Argentina needed a bailout of foreign currency reserves (Dollars) This is a big deal because it shows how tight global Dollar liquidity is getting. If you run out of Dollars & Gold, you're forced to sell US treasuries below face value. Europe is next.

Why Argentina needed a bailout of foreign currency reserves (Dollars) This is a big deal because it shows how tight global Dollar liquidity is getting. If you run out of Dollars & Gold, you're forced to sell US treasuries below face value. Europe is next.

Financelot

47,328 Aufrufe • vor 9 Monaten

Treasury Secretary-designate Scott Bessent: "We do not have a revenue problem in the United States of America, we have a spending problem... This spending is out of control."

Treasury Secretary-designate Scott Bessent: "We do not have a revenue problem in the United States of America, we have a spending problem... This spending is out of control."

Trump War Room

713,318 Aufrufe • vor 1 Jahr