Memorandum for Treasury Secretary Scott Bessent
574
post-template-default,single,single-post,postid-574,single-format-standard,bridge-core-3.3.3,qode-optimizer-1.0.4,qode-page-transition-enabled,ajax_fade,page_not_loaded,,qode-title-hidden,qode_enable_button_white_space,qode-smooth-scroll-enabled,qode-theme-ver-30.8.5,qode-theme-bridge,disabled_footer_bottom,qode_advanced_footer_responsive_1024,wpb-js-composer js-comp-ver-8.1,vc_responsive

11 Apr Memorandum for Treasury Secretary Scott Bessent

Posted at 15:20h in Analysis by

By,

Jesús Daniel Romero, Co-Founder and Senior Fellow, MSI2

Date: April 11, 2025

To: Secretary Scott Bessent

From: Jesus Daniel Romero, Co-founder and Senior Fellow, Miami Strategic Intelligence Institute (MSI2)

Subject: Support for Your Upcoming Visit to Argentina and Recommendation for Transparency on Past Business Relations

Introduction

The upcoming visit to Argentina provides an invaluable opportunity to strengthen U.S.-Argentina economic relations, particularly as Argentina continues its significant fiscal reforms under President Milei’s administration. In this new global order, where economic alliances are pivotal to maintaining influence and stability, Argentina has proven itself a reliable partner, particularly with its commitment to free-market reforms and economic stability. As you engage with Argentine leaders, this visit must be framed as an opportunity for future cooperation and one marked by the highest standards of transparency.

Supporting the Visit

Your leadership in advancing U.S. interests abroad, especially Latin America, has been crucial in establishing and reinforcing vital economic partnerships. Argentina’s reforms to tackle inflation, stimulate private sector growth, and move toward a more market-oriented economy align with U.S. priorities. Your visit will be pivotal in reinforcing this transformation, advancing shared interests, and positioning Argentina as a key economic partner in a rapidly changing global environment.

Argentina, through its reform efforts, has positioned itself as a reliable partner in the new world order—one that seeks growth, stability, and mutual economic advancement. Your visit will underscore the importance of supporting Argentina’s efforts while ensuring that both nations continue to work together for broader regional and global stability.

Credit: Adobe Stock- Standard license on file.

Encouragement for Transparency Regarding Past Business Relations

While your upcoming visit presents a critical diplomatic opportunity, addressing potential concerns regarding any conflicts of interest is also essential. Given your past involvement in Argentine financial markets, specifically in purchasing Argentine debt, it is advisable to proactively disclose these relationships to ensure no perceived conflicts between your business interests and your current diplomatic role.

For transparency and to maintain your office’s credibility, I recommend publicly clarifying your previous business dealings with Argentina. This proactive disclosure will help mitigate any concerns about impartiality and ensure that your leadership is seen as motivated solely by the interests of the U.S. Treasury and the United States government.

Conclusion

This visit to Argentina represents a crucial moment to reinforce U.S.-Argentina ties, support Argentina’s economic reforms, and bolster U.S. strategic interests in Latin America. By ensuring transparency regarding your past business dealings with Argentina, you will strengthen the integrity of this visit and the ongoing work of the U.S. Treasury. Argentina has proven itself a reliable partner in this new world, and this visit should reflect the mutual commitment to continued collaboration.

Tags:
, ,