US Treasury Secretary Scott Bessent has taken to X to offer support to Javier Milei after a political crisis has rocked the Argentine peso. Bessent says he is considering:
Bessent adds the Trump administration remains “confident that President Milei’s support for fiscal discipline and pro-growth reforms are necessary to break Argentina’s long history of decline” and more details will be available after a meeting between the trio tomorrow in New York. Milei is a key US ally…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”