Trump Mulls More Aid to Argentina as Americans Set to Lose Food Stamps
Donald Trump hasn’t ruled out giving more money to Argentina, he told reporters on Air Force One on Monday.
The president claimed that the country’s midterm election results on Sunday, which went very well for right-wing President Javier Milei, are good for the United States because bonds have gone up, making “a lot of money for the United States.” When a reporter asked if Argentina would need “more support,” referring to the president’s $40 billion bailout of the country, Trump replied in the affirmative.
“They might. Yeah, we would consider it,” Trump said.
Trump on Argentina: I think we've made a lot of money based on that election because the bonds have gone up… That election made a lot of money for the US…
— Acyn (@Acyn) October 27, 2025
Reporter: Will they need more support or would you consider it?
Trump: They might. Yeah, we would consider it. pic.twitter.com/0YMd750W1Y
Trump’s comments come as SNAP funding is set to expire in five days thanks to the government shutdown, with millions of Americans expected to lose food stamps across the country. Health care subsidies are also on the verge of expiring in the U.S., causing health insurance premiums to skyrocket for millions of Americans.
Meanwhile, the up to $40 billion bailout for Argentina that Trump has already approved benefited major hedge funds, including BlackRock, Fidelity, and Pimco, as well as Robert Citrone, a close friend of Treasury Secretary Scott Bessent who founded the hedge fund Discovery Capital Management.
Thus, when Trump brags that Argentina’s right-wing government is making money for the U.S., he’s not referring to the average American struggling to make ends meet, but rather financial executives and hedge funds. But Trump never was too worried about how the average American is doing.