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Oversight of US Financial Assistance and Argentina Crisis 2025

This Act mandates the Government Accountability Office (GAO) to conduct a detailed study of the 2025 financial crisis in Argentina and the US and international response. The goal is to ensure transparency regarding the use of US financial mechanisms, such as the Exchange Stabilization Fund, for foreign aid. The resulting public report will increase Congressional oversight over how taxpayer funds are committed to international financial crises.
Key points
Requires the GAO to analyze the origins of the 2025 financial crisis in Argentina.
Assesses the US government's awareness and the terms of US assistance agreements provided to Argentina.
Examines the legal authority used by the Treasury Secretary to fund US assistance via the Exchange Stabilization Fund.
The final report must be made publicly available, ensuring transparency regarding foreign financial commitments.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_HR_6905
Sponsor: Rep. Velázquez, Nydia M. [D-NY-7]
Process start date: 2025-12-18
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OFFICIAL LEGAL TITLE

Argentina Bailout Oversight Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6905.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-12-18.

What are the main provisions?

Key points include:

  • Requires the GAO to analyze the origins of the 2025 financial crisis in Argentina.
  • Assesses the US government's awareness and the terms of US assistance agreements provided to Argentina.
  • Examines the legal authority used by the Treasury Secretary to fund US assistance via the Exchange Stabilization Fund.
  • The final report must be made publicly available, ensuring transparency regarding foreign financial commitments.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Velázquez, Nydia M. [D-NY-7].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-24.

CATEGORIES

Economy