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U.S. Transfers $800M to Argentina Amid Debt Crisis

11/14/2025

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Summary

Story summary

The U.S. transferred over $800 million of its International Monetary Fund (IMF) reserves to Argentina during a significant debt payment.
This transfer coincided with a decrease in U.S. Treasury's special drawing rights (SDRs) and an increase in Argentina's SDR account.
Treasury Secretary Scott Bessent confirmed Argentina utilized a "small amount" of the currency swap line from a $20 billion support package to stabilize the peso.
Senator Elizabeth Warren criticized the Trump administration for prioritizing Wall Street over American families amid a $40 billion bailout.

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Story summary

The U.S. transferred over $800 million of its International Monetary Fund (IMF) reserves to Argentina during a significant debt payment.
This transfer coincided with a decrease in U.S. Treasury's special drawing rights (SDRs) and an increase in Argentina's SDR account.
Treasury Secretary Scott Bessent confirmed Argentina utilized a "small amount" of the currency swap line from a $20 billion support package to stabilize the peso.
Senator Elizabeth Warren criticized the Trump administration for prioritizing Wall Street over American families amid a $40 billion bailout.