<h1>US administration approves $20 billion currency swap with Argentina, raising legal questions about authority and transparency</h1> The U.S. administration agreed to a USD 20 billion currency swap with Argentina's government to stabilize its peso and replenish reserves amid political setbacks, supplementing prior IMF lending; the transaction's legal and financial terms remain unspecified publicly, including repayment mechanism and any conditionality. Critics in Congress and former officials warn the bailout may lack safeguards and could expose U.S. taxpayers to risk, while Argentina faces repayment obligations to multiple creditors and missed IMF targets. The deal raises legal questions about executive authority, transparency, sovereign-debt treatment, and potential future obligations if short-term support proves insufficient.