Argentina folks has repaid U.S. for currency swap deal. If you remember when this was first

taking place, everybody was saying, you guys got behind Millay. You thought this was a good idea.

It's a horrible idea. There's no way this is going to work. Where Millet came out and repaid the United States for currency swap framework.

It provided to the South American country last year to stabilize the economy.

The US Treasury, Scott Besant and Argentina's central bank set on Friday.

Rob, is that the tweet that you have?

I am pleased to announce that reflecting its strengthened financial position,

Argentina has both quickly and fully repaid its limit, limited draw on the swap facility with the

U.S. such that the exchange stabilization fund currently does not hold any pesos,

Bessent said in a post on X, we look forward to

continuing our enthusiastic support of President Milley and Argentina. He added, again, this is

Scott Besant. In a separate post, Argentina Central Bank added that it had settled the swap line

in December two months after it was announced, according to local

newspaper La Nancione, two and a half billion dollars of a possible $20 billion had been used

in that time, a source with knowledge of the matter told Reuters that the agreement remained

in force under the agreed terms. Tom, what happened here? Why is this such a big deal?

Well, this is a big deal because do you remember when all the banks were being asked, oh, yeah, would you like to do this deal with Argentina? And Trump opened it up to the U.S. banks. And all the U.S. banks says, well, we would want to backstop. Well, what a backstop is, is someone's going to stand good for the loan. And so all these U.S. banks were really asking you, me, of us U.S. taxpayer,

in the form of the U.S. government, to be the backstop for this $20 billion for Argentina.

Meanwhile, Miele was down there, got inflation under control. You remember him with the chainsaw

and the whole thing running? Well, he went from the chainsaw to the pen, and it was Afwera, like I'm getting, which I think means I'll- Kill it off. You know, take it off. And it was like, okay, Department of Nothingness and Trees. Afwera. Remember, he took all those labels off the board and said, this is the government we need. We need defense. We need police. We need fire. We need

pension for our people. We need a working government. All the rest of this stuff, Afwera. Well, then he

went to the U.S. government and says, hey, getting this under control to float the peso, you know,

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