CONGRESS FOR VOTERS

DemocratBill · S. 2965· Senate(119-S-2965)

No Argentina Bailout Act

Rep. Warren
Age: 77 years
Massachusetts
Introduced
10/1/2025
Last activity
10/1/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsored by
Elizabeth Warren
Cosponsors
Democrat - 18Republican - 0
Foreign Trade and International Finance
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "No Argentina Bailout Act," seeks to prevent the use of the Treasury's Exchange Stabilization Fund for Argentina's financial markets. It specifically prohibits direct or indirect financial support, such as currency swap lines or purchasing Argentine debt. If any existing contracts violate this rule, they must be sold or ended within seven days of the act passing. This prohibition is set to remain in place until December 10, 2027.

Yes· 3 of 6

  • Does this reduce what the federal government spends?+5

    The bill prevents the $20,000,000,000 expenditure for the Argentine financial market bailout.

  • Is this likely to create jobs?+1

    The bill's sense of Congress suggests the fund should instead be used to defend domestic jobs and wages.

  • Is this likely to grow the economy?+1

    The bill aims to prioritize domestic financial stability and stability of the Exchange Stabilization Fund over foreign bailouts.

The opposite

  • Does this send more money or help to other countries?-5

    The bill prohibits the extension of credit and financial support to Argentina.