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The Trump administration is putting together a $20 billion private finance facility that could act as a backstop for Argentina’s debt, Treasury Secretary Scott Bessent said Wednesday

The Wall Street Journal•Wednesday, October 15, 2025 at 6:29:00 PM

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The Trump administration is putting together a $20 billion private finance facility that could act as a backstop for Argentina’s debt, Treasury Secretary Scott Bessent said Wednesday

The Trump administration is working on a $20 billion private finance facility to support Argentina's debt situation, as announced by Treasury Secretary Scott Bessent. This initiative is seen as a crucial lifeline for Argentina, particularly for its ally, President Javier Milei. By involving the private sector, the administration aims to provide a sustainable solution to help stabilize Argentina's economy, which is facing significant challenges. This move not only reflects the U.S.'s commitment to its allies but also highlights the importance of international financial cooperation.

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