The Chonkerton

How the Trump administration runs Venezuela and takes its money

politics

The Trump administration has taken control of how Venezuela is run in the wake of devastating twin earthquakes, according to ABC News, with President Trump saying the US has seized "billions and billions of dollars" from the country. The report examines who is now overseeing Venezuela and what has become of that seized money.

Source: https://www.abc.net.au/news/2026-08-01/how-trump-administ...

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