Senator Elizabeth Warren urges Treasury to end $20 billion currency swap line with Argentina
Senator Elizabeth Warren urged the Treasury to end the $20 billion swap line with Argentina. She claims the emergency facility is no longer necessary.
Senator Elizabeth Warren elizabeth warren has formally asked Treasury Secretary Scott Bessent scott bessent to terminate a $20 billion currency swap line that the U.S. 
US Department of the Treasury provided to Argentina 
AR last year. The request centers on whether the swap line, which was originally described as acute, short-term support tied to the October 2025 elections in Argentina AR, remains open and could permit the continued use of the Exchange Stabilization Fund. This development is particularly significant as it may affect US US financial exposure and the currency stability of Argentina AR.
US Department of the Treasury provided to Argentina AR last year. The request centers on whether the swap line, which was originally described as acute, short-term support tied to the October 2025 elections in Argentina AR, remains open and could permit the continued use of the Exchange Stabilization Fund. This development is particularly significant as it may affect US US financial exposure and the currency stability of Argentina AR.Senator Elizabeth Warren elizabeth warren has requested written confirmation by February 12 regarding the status of the arrangement. The inquiry comes at a critical time, as Scott Bessent scott bessent is due to testify before the Senate Banking Committee shortly. The $20 billion swap line was intended to provide emergency liquidity to Argentina's AR central bank and the Government of Argentina AR, but its ongoing availability through the Exchange Stabilization Fund after the elections has raised questions about the scope of the support.
AR central bank and the Government of Argentina AR, but its ongoing availability through the Exchange Stabilization Fund after the elections has raised questions about the scope of the support.
