US Treasury Secretary Bessent said Tuesday he supports using Washington’s financial strength to advance foreign policy goals and the interests of US allies, including involvement in overseas financial and political affairs. Bessent said the US balance sheet can be used to implement foreign policy and build alliances in the Western Hemisphere. He cited Argentina as the first country to adopt this approach, saying the policies of the Milei government were viewed as sound at the time. The US provided Argentina with a multi-billion-dollar aid package last year to help stabilize its currency and support Milei ahead of the midterm elections. Bessent’s remarks publicly acknowledge the Trump administration’s willingness to use US financial resources to influence foreign politics and economies.