In a context of renewed official optimism after the judicial ruling favorable to Argentina in the YPF case, the Quinta de Olivos was the scene of this March 30 of a high-profile meeting. The president Javier Milei received the United States ambassador, in a meeting aimed at deepening the bilateral agenda and investments. However, the distinctive note of the event was not only the diplomatic content, but a presence that captured all eyes: that of Demian Reidel.
The physicist and economist, who knew how to be one of the minds most listened to by the president at the beginning of the administration, reappeared publicly as part of the official delegation that spoke with the North American representatives. His presence marks a significant return to the front line, after months of a low profile that fueled all kinds of speculation about his relationship with the “iron triangle” of the Casa Rosada.
Who is the man who returned to the circle
To understand the relevance of this reappearance, we must remember that Demian Reidel He is not just another technician in the libertarian ecosystem. Educated at Harvard and with a successful past on Wall Street (where he worked for Goldman Sachs and JP Morgan), Reidel was the man chosen by Milei to chair the Council of Economic Advisors and, later, to occupy the direction of Nucleoelectrica Argentina SAthe state company that manages the Atucha I, II and Embalse nuclear power plants.
His departure from that position, however, was surrounded by controversy. At the time, it was interpreted as a weight loss as a result of internal tensions over the direction of public companies and the speed of reforms. Reidel, a financial “hawk” with a global vision, always maintained a very fine intellectual harmony with the President, but his operational distance left a void that today seems to begin to be filled again.
The strategic role in the relationship with the US
Reidel’s reappearance today does not seem to be coincidental. His technical profile and his well-established contacts with the centers of financial power in the United States make him a natural interlocutor for the investment discussions that the Government seeks to promote after the judicial relief for YPF.
In the meeting with the ambassador, Reidel was active, resuming his role as a “bridge” between libertarian ideology and the pragmatism of international markets. For analysts at the Casa Rosada, his return is a symptom that the President has decided to recover key pieces of his original assembly to consolidate the stage of “growth and investments” that the Executive intends to inaugurate in 2026.
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