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4w ago

Milei Faces Intensified Congressional Oversight Amid Cryptocurrency Probe and Political Tensions

As Congress formalizes a $LIBRA investigative commission, the president dismisses critics and campaigns in Buenos Aires, drawing opposition backlash.

SANTIAGO CAPUTO LE TAPA EL LENTE DE LA CAMARA A UN REPORTERO GRAFICO Y LE REVISA LA CREDENCIAL - Debate de Candidatos a Legisladores por la Ciudad Bs As. fotografo reportero
Moretti, el día que fue elegido; el presidente debería dejar su cargo o ser expulsado para permitir un cambio en la cúspide del Ciclón
Guillermo Francos
La votación para elegir a las autoridades de la comisión finalizó en empate (Foto NA).

Overview

  • Congress has established a bipartisan commission to investigate President Javier Milei's promotion of the cryptocurrency $LIBRA, with equal representation from opposition and ruling party members.
  • Chief of Staff Guillermo Francos denied any government links to $LIBRA during a tense congressional hearing, framing the president’s promotion of the cryptocurrency as a private initiative.
  • Economy Minister Luis Caputo and Justice Minister Mariano Cúneo Libarona, absent from the session, have been summoned to testify on May 14.
  • President Milei dismissed Argentina's ambassador to the OAS, Sonia Cavallo, following public criticism of his economic policies by her father, Domingo Cavallo.
  • Milei is actively campaigning in Buenos Aires to support his party's legislative candidates, facing sharp criticism from opposition leaders, including Cristina Kirchner.