Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

UTUSN

(77,400 posts)
Sat Feb 21, 2026, 01:23 PM Saturday

KRASNOV gave Argentina/MILEI $20B our cash & double to buy the Rightwing election, now in riots [View all]

***********QUOTE******

https://orinocotribune.com/argentinas-government-represses-new-demonstration-against-labor-reform/

Argentina’s Government Represses New Demonstration Against Labor Reform
February 20, 2026


https://democrats-judiciary.house.gov/media-center/press-releases/ranking-member-raskin-demands-answers-on-role-of-maga-hedge-fund-manager-in-trump-s-40-billion-argentina-bailout
Ranking Member Raskin Demands Answers on Role of MAGA Hedge Fund Manager in Trump’s $40 Billion Argentina Bailout
October 31, 2025 Press Release
Raskin Probes Why Trump Is Bailing Out Billionaire Insider’s Argentina Investments While Refusing to Release Funds to Feed Hungry Americans

Washington, D.C. (October 31, 2025)—Today, Rep. Jamie Raskin, Ranking Member of the House Judiciary Committee, is investigating the Trump Administration’s $40 billion bailout to Argentina—half funded by American taxpayers—that appears designed to juice a billionaire hedge fund manager’s Argentinian investors and prop up Argentina’s MAGA-aligned President. This bailout is happening while federal workers, including law enforcement and air traffic controllers, are forced to work without pay, and the Administration refuses to release funding for food and nutrition assistance for millions of Americans during the Republican government shutdown.

In a letter to Robert Citrone, the owner of a $2.5 billion hedge fund, Discovery Capital Management, and longtime friend and former colleague of Secretary Bessent, Ranking Member Raksin outlined how the bailout appears designed to rescue Citrone’s collapsing Argentinian investments and prop up President Javier Milei, whose right-wing political party was floundering ahead of the October 26 midterm elections.

“The Republican government shutdown has deprived millions of federal workers—including law enforcement and air traffic controllers—of their paychecks and is threatening government programs vital to the American people like the Affordable Care Act health insurance premium tax credits, Medicaid, and SNAP nutritional benefits. But in the midst of this government-created crisis, the Trump Administration has chosen to arrange a $40 billion bailout to Argentina—half of it funded with taxpayer money,” wrote Ranking Member Raskin.

Citrone, who boasted in 2013 of being responsible for “75 percent” of Bessent’s bonus during their time working for George Soros, manages a $2.5 billion hedge fund with massive exposure to Argentinian debt. As Argentina’s economy cratered and Citrone’s investments faced ruin, press reports indicate he personally lobbied Secretary Bessent to intervene. Within weeks, President Trump and Secretary Bessent announced the $40 billion package: $20 billion from U.S. taxpayers and $20 billion from private sources.

At a joint press conference with President Milei days before Argentina’s legislative elections, President Trump explicitly tied the bailout to electoral outcomes. Despite forecasts of defeat, Milei’s party narrowly prevailed, delivering a windfall to both Trump’s foreign MAGA ally and Citrone’s distressed investments. ....

*********UNQUOTE*******


6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»KRASNOV gave Argentina/MI...