Senator Reed criticizes the Trump administration's $20 billion bailout to Argentina, claiming it neglects American taxpayers' interests.
Quiver AI Summary
Senator Jack Reed criticized the Trump Administration's financial support for Argentina's right-wing President Javier Milei, claiming it risks American taxpayers' money amid rising domestic costs. Reed stated, "This could end up being a costly, ill-advised handout," emphasizing the lack of strategic benefit for the U.S. and potential harm to American farmers.
The $20 billion bailout comes despite Argentina's recent $20 billion loan from the IMF, raising questions about reimbursement. Reed asserted that instead of aiding American interests, "Trump’s policies are causing more financial hardships for farmers, rural communities, and consumers in all fifty states."
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Jack Reed Net Worth
Quiver Quantitative estimates that Jack Reed is worth $318.7K, as of September 29th, 2025. This is the 429th highest net worth in Congress, per our live estimates.
Reed has approximately $262.2K invested in publicly traded assets which Quiver is able to track live.
You can track Jack Reed's net worth on Quiver Quantitative's politician page for Reed.
Jack Reed Bill Proposals
Here are some bills which have recently been proposed by Jack Reed:
- S.2920: A bill to enhance civil penalties under the Federal securities laws, and for other purposes.
- S.2919: A bill to amend the Sarbanes-Oxley Act of 2002 to promote transparency by permitting the Public Company Accounting Oversight Board to allow its disciplinary proceedings to be open to the public, and for other purposes.
- S.2338: Strengthening Local Food Security Act of 2025
- S.1904: Ending Taxpayer Support for Big Egg Producers Act
- S.1903: A bill to prohibit changes to Medicare and Medicaid in reconciliation.
- S.1576: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
You can track bills proposed by Jack Reed on Quiver Quantitative's politician page for Reed.
Jack Reed Fundraising
Jack Reed recently disclosed $652.6K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 105th most from all Q2 reports we have seen this year. 59.9% came from individual donors.
Reed disclosed $206.1K of spending. This was the 258th most from all Q2 reports we have seen from politicians so far this year.
Reed disclosed $2.5M of cash on hand at the end of the filing period. This was the 114th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Jack Reed's fundraising on Quiver Quantitative.