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US Rescue of Argentina Is 'Unconventional,' Summers Says
Posted
October 15, 2025
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2:20Now PlayingFormer Treasury Secretary Lawrence Summers said it's too early to judge the Trump administration's rescue plan for Argentina, but he does say it's an "unconventional" arrangement. "The United States should take a leadership role" to help countries facing a sudden loss of liquidity, Summers said on Bloomberg Television's Wall Street Week with David Westin. "I'm somebody who's a strong believer that the United States has to support global financial stability."
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