This week, President Donald Trump and Treasury Secretary Scott Bessent surprised markets when they signaled broad economic support — including a potential $20 billion swap line — for Argentinian President Javier Milei amid deep financial and political uncertainty in South America’s second-largest economy.

So, what’s behind this gesture and how would it work? On today’s episode, Bloomberg’s Patrick Gillespie joins Big Take host David Gura from Buenos Aires to unpack what US support could mean for Milei as he faces a referendum on his economic agenda.

Read more: US Readies $20 Billion Rescue to Help Milei Win In Argentina

This week, President Donald Trump and Treasury Secretary Scott Bessent surprised markets when they signaled broad economic support &mdash; including a potential $20 billion swap line &mdash; for Argentinian President Javier Milei amid deep financial and political uncertainty in South America&rsquo;s second-largest economy.
So, what&rsquo;s behind this gesture and how would it work? On today&rsquo;s episode, Bloomberg&rsquo;s Patrick Gillespie joins Big Take host David Gura from Buenos Aires to unpack what US support could mean for Milei as he faces a referendum on his economic agenda.
Read more:&nbsp;<a href="https://www.bloomberg.com/news/articles/2025-09-24/bessent-says-us-negotiating-20-billion-swap-line-with-argentina">US Readies $20 Billion Rescue to Help Milei Win In Argentina</a>

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The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Argentina’s Economy Is Struggling. Why Is the White House Stepping In?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a5705e16-81cf-4098-86f8-b363014b7f11/transcript