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AMD 233.54-1.8%Nov 7 9:30 AM EST

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To: Joe NYC who wrote (71594)10/15/2025 6:29:05 PM
From: rzborusa of 72186
 
But there’s another notable beneficiary of the Trump admin’s Argentina bailout package: major hedge funds led by Bessent’s friends. Several major investment funds, including BlackRock, Fidelity, and Pimco, stand to significantly gain from the aid transfer, as do several independent investors with ties to Bessent, The New York Times reported earlier this month.

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Treasury Secretary Scott Bessent told reporters at the Treasury building Wednesday that the United States is “working on a $20 billion facility that would be adjacent” to the $20 billion credit swap line Trump already approved, totaling $40 billion in assistance for the economically fragile South American country.

finance.yahoo.com
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