US ready to help with Argentina's fiscal turmoil1 day ago Share Save Natalie Sherman Share SaveGetty ImagesUS Treasury Secretary Scott Bessent has said the US is "ready to do what is needed" to help stabilise Argentina's escalating financial turmoil. "All options for stabilization are on the table," Bessent wrote on social media, calling Argentina a "systematically important US ally in Latin America". A stable Argentine peso is critical to that pledge. Bessent said the US government was considering intervening in Argentina's current fiscal turmoil with purchases of Argentine pesos and dollar-denominated government debt among other forms of support. "We remain confident that [President Milei's] support for fiscal discipline and pro-growth reforms are necessary to break Argentina's long history of decline," he wrote.