House Democrat investigates Argentina’s multibillion-dollar ‘kailalout’

President Donald Trump hosted Argentine President Javier Milei at the White House to discuss world issues.
First on fox: The top Democrat on the House Appropriations Committee wants a clear increase from the Trump administration in the factors that led to its multi-dollar gambling in Argentina.
In a letter sent Friday to Secretary Gorey and Secretary Scott Bessent and Robert Cityrone, manager of Discovery Capital Management LLC, rep. Jamie Raskin, D-MD.
Raskin, a low-ranking member of the House Commerce Committee, who was asked to see any connection between EARTENTEN and Argentina, investments and Citroen’s holdings in the country.
“It is important that the American people fully understand why, in the midst of a cheap government, this administration was chosen to organize a 40 billion bailout of Argentina. Raskin wrote.
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Rep. Jamie Raskin, D-MD. (Andrew Harnik/Getty; Aaron Schwartz/Getty Images/Getty Images)
Citroen did not respond to several requests for comment.
Russell Dye, a spokesman for the Republican National Writing Committee, said the letter represents the latest example of Democratic manipulation.>
“Democrats should focus on opening the government and paying federal workers, many of whom live in Raskin’s village, but, sadly, the car regulators who hurt them.
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The Trump administration announced that it appeared that $ 20 billion was included in Argentina’s private funds in addition to $ 20 billion in cash, providing a financial backstop for the country that has received the highest income. The investment aims to help Argentina manage its debt as the value of its currency, the Argentine peso, continues to fluctuate.
The decision to direct US dollars to Argentina raised accusations against the Democrats carried by the political president aimed at benefiting the President of Javier Milei. Like Trump, Miley entered office in 2023 with promises to shrink the government’s footprint and reduce state spending.

Robert Cityrone attends a dinner benefiting the Prostate Cancer Foundation in New York City, November 15, 2022. (Jared Siskin/Getty Images)
But more than political maturity, Democrats like Raskin argue that some of the figures close to the administration — like Citricrone — could reap the benefits of unity as a result.
“In October 2024, he said that ‘Argentina’s automatic opportunities are not done.’ However, in the past few months, the run of the Argentine peso has put the economy of the country – together with your investment of the Hedge fund and the Secretary and the Trustee, the total amount of aid to Argentina will be 40 billion dollarlina, “Raskin wrote.
Citrone and Besstent previously worked together for George Soros in 2013, according to statements made on the Goldman Sachs Podcast.
According to the report from the Executive and Reform Commission (Sec), the recognition of money in Argentina is high, but it is much more than it used to be. Discody’s investments with companies based or conducting business in Argentina have increased since December 2024. Citrone’s exposure in relation to Argentina is north of $ 100 million, according to the second.
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Treasury Secretary Scott Scott speaks to reporters at the White House in Washington. (Alex Brandon / AP Photos / AP Photos)
In addition to seeking more information about Argentina’s flawed thinking, Raskin blasted the decision to invest in Argentina during the ongoing, ongoing government shutdown.
“The shutdown of the Republican government has reduced millions of Federal employees – including law enforcement officers and air traffic controllers – their regular funding, threatening to organize a federal bailout in Ariment.
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Raskin requested that these documents be given to the law makers no later than November 14.



