U.S. Treasury chief Bessent backs using U.S. financial power as foreign policy tool
The goal, he said, would be to advance the interests of American allies, including in financial and political situations abroad.
WASHINGTON – U.S. Treasury Secretary Scott Bessent expressed on Tuesday his support for employing financial resources as a means of advancing foreign policy objectives, with a particular focus on bolstering alliances in the Western hemisphere. During a presentation at the SMU Cox School of Business, Bessent stated, "I believe that I can leverage the financial strength of the United States for foreign policy purposes."
He emphasized Argentina as a primary candidate for this strategy, praising President Javier Milei's administration for its "sound policies."
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
