Milei, Argentina and Midterm election
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Once hampered by his party’s small congressional bench, Milei may now press for labor and tax reforms as well as a fresh budget.
Milei’s party dominates Argentina’s 2025 midterms, but the LIBRA crypto scandal could threaten his credibility and reform momentum.
President Donald Trump appears to have had a major influence on the outcome of the Argentine election this week.
Argentina’s stocks, bonds and currency surged Monday after the country’s midterm elections delivered a surprising mandate for President Javier Milei to press ahead with his free-market economic overhauls.
Argentine President Javier Milei scored a major win in the nation’s elections Sunday, doubling his party’s share of congress on the heels of a multibillion-dollar economic bailout deal from the Trump administration.