Sen. Marco Rubio (R., Fla.) warned U.S. lawmakers and other officials against trying to open a backchannel with Venezuelan President Maduro as the Trump administration and regional allies work to ratchet up sanctions and form a united front against his regime.
Sen. Dick Durbin (D., Ill.) and Rep. Pete Sessions (R., Texas) quietly visited Venezuela this week and met with President Nicolas Maduro to discuss the potential release of at least one U.S. hostage, despite warnings from Republicans against attending high-level meetings with the South American country’s leaders.
The Trump administration is ratcheting up pressure on Venezuela President Nicolas Maduro to force him to address the country’s deepening humanitarian crisis, release political prisoners unconditionally, and overhaul its election process ahead of a May presidential ballot.
President Donald Trump tightened U.S. sanctions against the Venezuelan government on Monday by prohibiting any U.S. financial transactions involving Venezuela’s new digital cryptocurrency, the Petro.
CARACAS (Reuters) — Venezuela’s opposition-run parliament on Tuesday outlawed a “petro” cryptocurrency promoted by socialist President Nicolas Maduro, calling it an effort to illegally mortgage the cash-strapped country’s oil reserves.
Venezuelan President Nicolas Maduro wants his own version of Bitcoin, announcing Sunday that his socialist government will create a cryptocurrency.
President Donald Trump on Friday signed an executive order to impose new financial sanctions on the Venezuelan government, which his administration considers a “dictatorship.”
The Venezuelan foreign minister traveled to Washington and met with a top State Department official in late July, one week before President Nicolas Maduro pressed ahead with an election that dismantled the country’s democracy and cemented his leadership.
The son of Venezuelan President Nicolás Maduro has threatened to take over the White House with rifles.