TRUMP HAS NO LEGAL AUTHORITY TO GIVE BILLIONS TO A FOREIGN COUNTRY, SO WHY IS CONGRESS DOING NOTHING ABOUT IT?
The U.S. Treasury has announced that it is providing Argentina with a $20 billion currency swap, essentially an emergency credit line that constitutes a large-scale rescue of a failing economy. The US Treasury, led by Secretary Scott Bessent, has defended the $20 billion currency swap as a legal and strategic move to stabilize Argentina’s economy, which is seen as “of systemic importance” to US interests. Bessent is a close Ally of Russell Vought, head of the White House Office of…