Democrat Rohit Chopra considered that the eventual loan should go through the US Congress and pointed out that “taxpayers rescue large investors without obtaining much in return.”
The announcement of the US Treasury Secretary, Scott Besent, who said they were “willing to do what is necessary within his mandate to support Argentina “he was not received with good eyes in the United States. Democrat Rohit Chopra, who until February of this year was Director of the Consumer Financial Protection Bureau (CFPB), He questioned the negotiations for a loan agreement and warned that a plan for an undercover rescue of global investors is being “plotted.”
The former official made a hard post in X where he claimed: “Enough of bailouts. At a time when families, small businesses and farmers are going through difficulties in their countriesthe Treasury Department is plotting a plan for an undercover of global investors in order to support a politician in Argentina“
The politician, who has participated with vote in the Financial Stability Oversight Council (FSOC)the Financial Stability Council that chairs the Treasury, said that “too often, Taxpayers rescue large investors without obtaining much in return. “
In turn, he considered that if the US decides to “rescue a foreign government”, before there should “have a registered vote in Congress.”
Chopra also claimed to know “what coverage funds and investors will get huge benefits of any possible rescue.”
For her part, Democratic Senator Elizabeth Warren, Chopra’s ally, also spoke against the loan to Argentina and launched: “First, Trump makes us pay more for coffee and beer to support a conviction coup in Brazil. Now, he wants Americans to rescue their friend Milei in Argentina.”
Finally, he said: “Trump should stop raising prices for Americans and stop giving our money to their corrupt friends.”
Javier Milei meets Donald Trump to negotiate a treasure loan
President Javier Milei has already left for the US. The first activity on his agenda will be to witness Trump’s speech in the 80th UN General Assemblyand two hours later the expected will take place bilateral meeting between both heads of state.
During the meeting, the US president is expected ratify your political support and the predisposition of your administration to provide financial assistancesomething that Milei had already confirmed that it is negotiated with the North American Treasury. The meeting occurs in a context of doubts about Argentina’s ability to face debt maturities for U $ 4,000 million in January and U $ 4,500 million in July 2026.
The White House values Argentina as Key partner in the regionin the middle of Washington’s tensions with the president of Brazil, Lula da Silva. The ideological alignment between the two leaders reinforces that cooperation provision.
Source: Ambito
