Trump’s “I’ll Control the Money” Venezuela Oil Claim

Tad DeHaven

The Trump administration says that it will sell Venezuelan oil at market prices and oversee the allocation of the proceeds.

Trump framed it as a new presidential revenue stream:

This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!

Having already demonstrated a disregard for Congress’s power of the purse...