[Bessent: Supports the U.S. Using Financial Power as a Tool of Foreign Policy] U.S. Treasury Secretary Bessent stated on Tuesday that he supports Washington using its financial power as a tool of foreign policy to advance the interests of U.S. allies, including playing a role in overseas financial and political affairs. Bessent said: 'I believe we can leverage the U.S. balance sheet to implement foreign policy. Therefore, we have a foreign policy objective, which is to build alliances in the Western Hemisphere.' He added: 'Argentina was the first country to adopt this approach, and at the time, we believed the Milley administration's policies were sound.' Last year, the U.S. provided Argentina with a multi-billion-dollar aid package to help stabilize its currency and support Milley ahead of the midterm elections. Bessent's remarks mark a public acknowledgment by the Trump administration of its willingness to use U.S. financial resources to influence foreign political and economic matters.