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NYT Says Rubio Exerts Control Over Venezuela's Finances and Policy

The New York Times reports Rubio has informally directed Venezuela's finances and oil revenue through U.S. Treasury arrangements for several months.

  • In a Saturday report, The New York Times revealed that Secretary of State Marco Rubio has functioned as the informal 'viceroy' of Venezuela since the U.S. military abducted Venezuelan President Nicolás Maduro in January.
  • Following Maduro's abduction by the American military on Jan. 3, the U.S. Treasury Department began collecting revenue from Venezuela's exports and dispersing funds under strict conditions dictated by Rubio.
  • Acting Venezuelan President Delcy Rodríguez leads on an 'acting basis' with instructions from Washington, while Rubio made a 'surprising' announcement regarding Rodríguez's travel to India before her own government could earlier this year.
  • Columbia University professor Saunders described the arrangement as 'insane' and 'derelict,' while historian Bradley Simpson at the University of Connecticut compared it to 'Dollar Diplomacy,' treating Venezuela as an effective colony.
  • President Donald Trump frequently recounts how Fox News anchor Bret Baier contacted Rodríguez for an interview, only to be told that Trump would have to approve, illustrating the current power dynamic.
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25 Articles

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Center

President Donald Trump was sitting in the Oval Office earlier this year with his secretary of state, Marco Rubio, when he came up with an idea. Perhaps he should send Rubio permanently to Caracas, the Venezuelan capital, where the U.S. commandos had carried out the most outstanding achievement of the foreign policy of Trump’s second term: the capture of Nicolás Maduro, the president of the country. Rubio could be the next leader of Venezuela, Tr…

Lean Left

US Secretary of State Marco Rubio has become the de facto US viceroy of Venezuela, according to a report by The New York Times (NYT) based on interviews with several diplomatic sources.

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Lean Left

Why has Washington gained decisive influence over Caracas? Six months after the change of power in Venezuela, the United States has gained unprecedented influence over the country's financial system, oil industry, and government institutions. This was reported by RBC-Ukraine, citing a publication by The New York Times. How the system of governance has changed According to The New York Times, citing more than a dozen American and Venezuelan offic…

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  • 64% of the sources lean Left
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Political Wire broke the news in New York, United States on Saturday, July 11, 2026.
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