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His campaign promise to dollarize Argentina, if enacted, is expected to thrust the country into new territory: no country of Argentina’s size has previously turned over the reins of its own monetary policy to Washington decisionmakers.

Milei has also said he would slash government spending by closing Argentina’s ministries of culture, education, and diversity, and by eliminating public subsidies. He is a social conservative with ties to the American right; he opposes abortion rights and has called climate change a “lie of socialism.”