Powell to attend Supreme Court hearing on Trump bid to fire Fed governor
Federal Reserve Chair Jerome Powell is set to attend Supreme Court oral arguments this week in a case examining whether President Donald Trump has the...
U.S. President Donald Trump said on Sunday (4 January) that the United States could carry out further military action in Venezuela following the capture of President Nicolás Maduro. Speaking to reporters aboard Air Force One, he said Washington now effectively controls the country.
President Trump warned that remaining members of Venezuela’s leadership must cooperate with Washington, saying, “We are ready to stage a second and much larger attack if we need to do so.”
He said the United States would work with figures still in power to reshape the country’s institutions rather than immediately install a new government.
According to President Trump, elections in Venezuela would only be held once stability had been restored, with the United States determining the timing and conditions.
He defended the military operation that led to Maduro’s detention as necessary and justified, describing Venezuela as a “narco-terror state” and accusing its leadership of facilitating drug trafficking and mass migration to the United States.
Maduro, 63, was flown to New York and placed in a federal detention centre, where he is due to appear in court on Monday on drug trafficking and narco-terrorism charges first filed by U.S. prosecutors in 2020, U.S. officials said.
Additionally, Trump said U.S. oil companies would invest billions of dollars to rebuild Venezuela’s oil infrastructure, arguing that American involvement was essential to revive what he described as a “dead country”.
He also claimed the United States had the right to make use of Venezuela’s oil resources as part of the reconstruction process.
Reportedly, the Trump administration had already been in contact with Venezuelan Vice President Delcy Rodríguez.
President Trump said, she was warned that “if she doesn’t do what’s right, she is going to pay a very big price, probably bigger than Maduro.”
Other regional and foreign policy remarks
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