S 2965 United States Senate · 119th Congress

No Argentina Bailout Act

This bill prohibits the U.S. Treasury's Exchange Stabilization Fund from providing financial support to Argentina's government or financial markets. It specifically blocks the use of the fund for currency swaps, purchasing Argentine debt, or any credit instruments intended to bail out Argentina. The restriction applies until December 10, 2027, and requires any existing contracts violating this rule to be terminated within seven days of the bill's enactment. The law directly affects the Treasury Department's use of its financial tools, not Argentina itself.
Bill status in committee 1 of 4 stages cleared
Introduction
Oct 2025
Committee Review
Floor Vote
President
Introduced Oct 1, 2025 Last action Oct 1, 2025