Scott Bessent

Economy and Trading International Business and Trade

U.S. Arranging $20 Billion Private Finance Facility for Argentina Debt Support

The Trump administration is organizing a $20 billion private finance facility to support Argentina’s debt obligations. Treasury Secretary Scott Bessent confirmed the “private sector solution” involving banks and sovereign-wealth funds.

Major Financial Backstop for Argentina

The Trump administration is reportedly assembling a substantial $20 billion private finance facility that could serve as a crucial backstop for Argentina’s debt obligations, according to statements from Treasury Secretary Scott Bessent. The development represents a significant expansion of financial support for the South American nation currently facing economic challenges.

by Natalie BrooksOctober 16, 2025

Energy Policy International Business and Trade

Trump Administration Price Floor Strategy: Combating China’s Market Manipulation

The Trump administration will implement price floors across various industries to combat China’s market manipulation tactics. Treasury Secretary Scott Bessent revealed this industrial policy approach during an exclusive CNBC interview, emphasizing the need for vigilance against non-market economies.

In a significant policy announcement, Treasury Secretary Scott Bessent has revealed the Trump administration’s plan to implement price floors across multiple industries as a strategic response to China’s market manipulation practices. The announcement came during an exclusive CNBC interview at the “Invest in America forum” in Washington, D.C., where Bessent outlined the administration’s approach to protecting American industries from what he described as China’s systematic efforts to undermine global competitors.