So will the government of Donald Trump, which has been backing Mr Milei and buying pesos to prop up the Argentine currency. Yet the impressive victory has caveats. Turnout of 68%, in a country with compulsory voting,

Milei’s party dominates Argentina’s 2025 midterms, but the LIBRA crypto scandal could threaten his credibility and reform momentum.

Javier Milei wins decisive midterm victory in Argentina, expanding congressional control to advance libertarian economic reforms and spending cuts.

Milei’s libertarian party defied poll predictions, tripling its congressional seats to advance free-market reforms.

President Javier Milei emerged from the election with an even tighter bond with the United States and a bigger mandate to pass transformative economic plans.

Analysts said the stronger-than-expected showing could reflect fear of renewed economic turmoil if the country abandoned Milei's policies.

Argentina’s libertarian President Javier Milei won a decisive victory in the country's midterm elections on Sunday, securing a vote of confidence in his free-market reforms and austerity measures, along with $20 billion in funding promised by his key ally, President Donald Trump.

The rallies unleashed by Argentina President Javier Milei’s surprising electoral win were stunning, with bond prices posting record gains and the stock market skyrocketing over 20% as investors stampeded back in.

"He had a lot of help from us. He had a lot of help. I gave him an endorsement, a very strong endorsement," Trump said, also crediting some of his top officials, including Treasury Secretary Scott Bessent, who oversaw the financial assistance to Argentina.

Since the start of the year Argentina’s libertarian president, Javier Milei, has been dogged by allegations that his sister Karina, who is also his chief of staff, is corrupt. For a leader who made his name denouncing Argentina’s elite as crooks and parasites,