Treasury-Corruption

U.S. Executes Extraordinary $20 Billion Argentina Bailout for Political Ally

2025-10-13 00:00:00 +0000 UTC | Importance: 10/10

Treasury Secretary Scott Bessent directed $20 billion in U.S. taxpayer funds to purchase Argentine pesos and stabilize markets ahead of elections, representing only the fourth time since 1996 that the United States has purchased another country’s currency. The extraordinary intervention …

Scott Bessent Treasury Department Javier Milei Hedge Funds systematic-corruption treasury-corruption conflicts-of-interest foreign-policy-corruption

Treasury's $20 Billion Argentina Bailout Benefits Bessent's Hedge Fund Colleagues

2025-10-09 00:00:00 +0000 UTC | Importance: 10/10

Treasury Secretary Scott Bessent approved a $20 billion Argentina bailout that directly benefits hedge funds run by his former colleagues Stanley Druckenmiller and Robert Citrone, whose portfolios hold significant Argentine debt. Senator Elizabeth Warren demanded details on whether Managed Funds …

Scott Bessent Stanley Druckenmiller Robert Citrone Elizabeth Warren Javier Milei systematic-corruption conflicts-of-interest treasury-corruption crony-capitalism