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HR 5984119th CongressIn Committee
American Manufacturers over Argentine Bailouts Act
Introduced: Nov 7, 2025
Sponsor: Rep. Stevens, Haley M. [D-MI-11] (D-Michigan)
Standard Summary
Comprehensive overview in 1-2 paragraphs
Prohibits financial support to Argentina while establishing a $20 billion relief program for small and medium-sized U.S. manufacturers affected by tariffs.
Key Points
- 1Prohibits use of Exchange Stabilization Fund for financial support to Argentina
- 2Creates financial relief program for manufacturers impacted by tariffs from 2025-2029
- 3Authorizes up to $20 billion in financial assistance from stabilization funds
- 4Defines eligible manufacturers as those with under 500 employees using domestic steel/aluminum
- 5Requires applications demonstrating tariff-related financial harm
- 6Sponsored by Representative Stevens
Impact Areas
Small and medium-sized U.S. manufacturersU.S.-Argentina financial relationsTariff policy and tradeDepartment of Treasury financial programs
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