Biography Flash: Javier Milei's Bold Moves as Argentina's President in 2026

Javier Milei Biography Flash a weekly Biography.

# Javier Milei Biography Flash: Week in Review

Argentine President Javier Milei has been extraordinarily busy as 2026 kicks off, with major policy moves, international positioning, and symbolic gestures dominating his agenda. According to multiple news outlets covering his New Year message, Milei declared on the last day of 2025 that his administration has fulfilled all campaign promises and that Argentina is beginning to grow economically. Speaking from Casa Rosada, his presidential office, he struck an optimistic tone despite ongoing economic challenges facing the nation.

On the international stage, Milei made a dramatic show of support for U.S. President Donald Trump's military intervention in Venezuela. When Trump announced on Saturday that U.S. forces had captured Venezuelan leader Nicolas Maduro following large scale strikes on Caracas, Milei immediately took to social media declaring "Freedom moves forward. Long live freedom, damn it." In subsequent comments to LN Plus news channel, he celebrated what he called the fall of a dictator and drug trafficker, describing Maduro as a narco terrorist with connections to Iran, Hezbollah, and other terror groups. This latest stance is consistent with Milei's longstanding opposition to the Venezuelan government and his backing of opposition figure Maria Corina Machado.

Domestically, Milei signed into law a controversial fiscal innocence bill aimed at drawing billions of dollars out of hiding. According to reporting from Buenos Aires Times, the government estimates Argentines are sitting on roughly 251 billion dollars in cash stashed at home, far exceeding the Central Bank's reserves. The law raises the threshold for prosecuting tax evasion by 66 fold to 70 thousand dollars per fiscal year, essentially offering amnesty to citizens who bring their dollars into the banking system. Milei desperately needs these deposits to meet 19 billion dollars in foreign debt payments due this year, with the International Monetary Fund pressuring the government to rebuild currency reserves. Economy Minister Luis Caputo urged citizens to deposit their money immediately, even suggesting they use state owned Banco Nacion if private banks proved difficult.

The president also issued an emergency decree on January second restructuring Argentina's intelligence services, or SIDE, granting agents authority to apprehend individuals caught committing crimes. According to MercoPress, the reform drew fierce backlash from opposition lawmakers who warned it could turn intelligence services into a secret police force. The intelligence apparatus will now report directly to Karina Milei, his sister, further centralizing presidential power.

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