Trump’s Argentina bailout enriches one well-connected billionaire.
A $20 billion taxpayer-funded rescue package for Argentina is a gift for a hedge fund manager with personal and professional ties to the Treasury Secretary.
Bessent’s personal and professional relationship with Citrone has spanned decades. In a May 14 appearance on the “Goldman Sachs Exchanges” podcast, Citrone revealed how he delivered a financial windfall for Bessent. They were both working for investor George Soros in 2013 when Citrone convinced Bessent and Soros to bet on the U.S. dollar against the Japanese yen.
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