U.S. Treasury Secretary Scott Bessent declared his agency “fully prepared to do what is necessary” to assist Argentina amid its economic struggles. The statement came a week after confirming the two parties had begun conversations over an economic aid program.

U.S. Treasury Secretary Scott Bessent warned that steep ‘liberation day’ tariffs may soon return, potentially impacting America’s trading partners, while dismissing Moody’s recent credit rating downgrade.

Treasury Secretary Scott Bessent has called on Congress to raise the nation’s debt ceiling by mid-July to prevent a federal default. The urgent appeal underscores the potential economic ramifications if lawmakers fail to act promptly.