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Trump: US Will Run Venezuela Until Transition
Posted
January 3, 2026
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January 3, 2026
9,471
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5:14Now PlayingPresident Trump says the US will run Venezuela until a transition is organized. His remarks came hours after a US operation captured leader Nicolás Maduro.
Donald Trump says the US administration of Venezuela would include deploying US oil companies to the country, though indicated that his embargo “on all Venezuelan oil remains in full effect."
For more on this plans, Bloomberg's Joe Mathieu and Christina Ruffini speak with Jeanne Sheehan Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Bloomberg Politics Contributor, and Lester Munson, Principal of the International Practice at BGR Group.
Nicolás Maduro appeared in a New York courtroom on Monday to face narco-terrorism charges just two days after the US captured him in Caracas during a nighttime raid.
Maduro was escorted in front of a federal judge in Lower Manhattan for the first hearing in his criminal case, kicking off an extraordinary legal battle that could take months or longer before a trial begins.
Maduro’s wife, Cilia Flores, who is charged with him, also entered the courtroom. Both were wearing headphones in court for translation purposes. The hearing began with the judge reading the charges against Maduro and his wife.
In an indictment released over the weekend, the US government accused Maduro of conspiring to transport thousands of tons of cocaine to the country. The toppling of Maduro reverberated around the world and signaled President Donald Trump’s willingness to reconfigure the global order.
After Maduro was captured in the military operation early Saturday, he and his wife were transported to the notorious Metropolitan Detention Center in Brooklyn. On Monday morning, they arrived by helicopter at a Manhattan heliport before he was taken to the courthouse for the hearing.
US District Judge Alvin Hellerstein, 92, will preside over the case and oversee an eventual trial before a jury of New York citizens. The judge is expected to order Maduro to remain in jail and may set a calender for lawyers to file pre-trial legal motions.
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