Trump Treasury Sec Admits They’re Trying to Swing a Foreign Election
Scott Bessent just casually said the quiet part out loud.

Treasury Secretary Scott Bessent openly admitted Wednesday that the Trump administration was looking to sway the outcome of a foreign election.
Speaking on Fox Business, Bessent seemed to suggest that the United States government hoped to carry President Javier Milei through Argentina’s legislative election next month, where half of the seats in the country’s Chamber of Deputies will be selected, as well as a third of the Senate.
“The plan is, as long as President Milei continues with his strong economic policies, to help him—to bridge him to the election,” said Bessent.
Earlier this week, Bessent pledged that the United States was “ready to do what is needed within its mandate to support Argentina,” which was a “systemically important U.S. ally in Latin America.” The deepening relationship between the U.S. and Argentina appears to have stemmed from President Donald Trump’s personal affinity for the self-declared “anarcho-capitalist” that runs the country.
But at home, Milei isn’t so popular, suffering a double-digit loss in the provincial midterms earlier this month, as well as congressional opposition to his cuts to health care and education, and a corruption scandal involving his sister, who managed his campaign.
“People are concerned. People are skittish. It’s very hard to believe that it is different this time, but I believe with President Milei it is,” Bessent said on Fox Business.
Bessent said that he’d met with Milei and Trump on Tuesday, lauding the Argentinian president in a post on X Wednesday for his “impressive fiscal consolidation and a broad liberalization of prices and restrictive regulations.”
In his post, Bessent said that U.S. officials were in talks to establish a $20 billion swap line with Argentina’s Central Bank—an institution Milei once promised to abolish—and even purchase secondary or primary government debt.
The secretary also hinted at handouts from U.S. companies—but said they hinged on the results of October’s legislative election. “I have also been in touch with numerous U.S. companies who intend to make substantial foreign direct investments in Argentina [in] multiple sectors in the event of a positive election outcome,” Bessent wrote.
Milei’s libertarian party, La Libertad Avanza, currently holds only seven of the 72 seats in the Senate, and 39 of the 257 seats in the lower chamber. That could all change in next month’s election. Milei himself won’t be up for reelection until 2027.
“The Trump Administration is resolute in our support for allies of the United States, and President Trump has given President Milei a rare endorsement of a foreign official, showing his confidence in his government’s economic plans and the geopolitical strategic importance of the relationship between the United States and Argentina,” Bessent wrote. “Immediately after the election, we will start working with the Argentine government on its principal repayments.”