EconomyFinance

U.S. Treasury Pursues Additional $20 Billion Argentina Financing Package Through Private Sector Channels

The Trump administration is reportedly developing an additional $20 billion financing package for Argentina through private sector channels. This would complement the existing $20 billion credit swap line and focus more heavily on debt market support, according to Treasury officials.

Additional Financing Package Under Development

The Trump administration is working to provide Argentina with an additional $20 billion in financing through a combination of sovereign funds and private sector participation, according to reports from Treasury officials. This new facility would complement the $20 billion credit swap line that the U.S. Treasury previously pledged to Argentine President Javier Milei and his government earlier this month to support the South American nation’s struggling currency.

GovernmentPolicy

Government Shutdown Enters Day 16 as Funding Bill Fails 10th Vote

The federal government shutdown has reached day 16 as the Republican-backed funding bill failed its 10th Senate vote. Political tensions escalate with both parties trading blame while essential services face disruptions and hundreds of thousands of federal workers remain furloughed without pay.

Government Shutdown Extends Amid Political Standoff

The partial government shutdown has entered its 16th day as the Senate rejected the Republican-backed continuing resolution for the 10th time, according to congressional records. The failed vote maintains the political impasse that began October 1, with Democrats and Republicans continuing to trade accusations over responsibility for the funding lapse.