The Trump administration seized control of Venezuelan oil after capturing President Nicolás Maduro in January.
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Three Democratic senators are pressing the Trump administration for transparency on billions of dollars in oil revenue from Venezuela believed to be in a U.S. government-controlled account.
In a letter obtained by The Washington Post, Sens. Ron Wyden (D-Oregon), Elizabeth Warren (D-Massachusetts) and Sheldon Whitehouse (D-Rhode Island) are asking Treasury Secretary Scott Bessent and Secretary of State Marco Rubio for information about the status and use of this revenue, which is being disbursed from an account controlled by the Treasury.
After capturing President Nicolás Maduro in January, the Trump administration said it would take control of oil flowing from the South American nation, with proceeds from sales “deposited into accounts controlled by the U.S. government.”
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“This arrangement, particularly given the lack of transparency, raises concerns that the Administration may use its control over the revenues to direct billions in funds without congressional authorization or approval,” they write.
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