Why Is Trump Bailing Out Argentina’s Milei?

It’s not the economy, stupid.

Scott Bessent, left, gives a thumbs up as Javier Milei hold a blue folder and glass award. Both men are wearing tuxedos against a purple backdrop. A teleprompter is in the foreground. October 1, 2025, 11:03 AM Comment icon View Comments ( )

U.S. President Donald Trump’s vision of how to make America great again has gotten a lot more geographically expansive, with the latest example a multibillion-dollar lifeline to an ideological ally some 5,000 miles away.

The Trump administration, through Treasury Secretary Scott Bessent, has essentially put the full faith and credit of the U.S. government behind Argentina’s embattled president, libertarian Javier Milei, whose drastic economic reforms have only parti

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