WASHINGTON ― Sen. Elizabeth Warren (D-Mass.) will try to block President Donald Trump’s bailout of Argentina and dare Republicans to defend U.S. financial aid to a foreign government while the U.S. government remains shut down, HuffPost has learned.
Warren will ask senators Tuesday evening for unanimous consent to pass the ‘No Argentina Bailout Act,’ a Democratic bill that would prohibit the Treasury Department’s Exchange Stabilization Fund (ESF) from offering a lifeline to Argentina’s financial markets in a bid to help the country’s president, Javier Milei, a close ally of President Donald Trump.
“Even while the Trump Administration is trying to fire more people and shut down more services, Trump is carefully keeping open the office at the Treasury Department responsible for executing his bailout of Argentina’s financial markets,” Warren will say in prepared remarks that were shared exclusively with HuffPost.
“For Trump, the leader of Argentina is more important than American families struggling with rising costs for health care,” Warren will add in a speech on the Senate floor as Democrats continue to demand that Republicans agree to extend expiring health insurance protections in exchange for reopening the shuttered government.
