Trump Is Keeping Money From Venezuelan Oil Sale in Offshore Account

Why does the the president need a slush fund in a country run by an autocracy that has already bribed him one. And where in hell did he sell the oil to? Hope fully the article will explain this. Hugs

“There is no basis in law for a president to set up an offshore account that he controls so that he can sell assets seized by the American military,” Democratic Senator Elizabeth Warren told Semafor. “That is precisely a move that a corrupt politician would be attracted to.”

https://newrepublic.com/post/205327/trump-money-venezuelan-oil-sale-account

This is completely unprecedented.

ANDREW CABALLERO-REYNOLDS/AFP/Getty Images

Donald Trump greets Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani during a meeting aboard Air Force One in Doha on October 25, 2025.

President Trump is keeping proceeds from the first sale of Venezuelan oil in an offshore bank account based in Qatar, according to reporting from Semafor. The sale was worth $500 million.

This unprecedented move is yet another middle finger to Venezuelan sovereignty and once again raises questions about the president’s cozy relationship with the Qatari government.

“There is no basis in law for a president to set up an offshore account that he controls so that he can sell assets seized by the American military,” Democratic Senator Elizabeth Warren told Semafor. “That is precisely a move that a corrupt politician would be attracted to.”

That seems to be exactly what Trump is doing. Trump has vowed to “indefinitely” control Venezuela’s oil, claiming the proceeds will be given back to the U.S. and Venezuela.

Still, it remains unclear just how that money held in Qatar will benefit the Venezuelan people the administration claims to care about.

tRump openly grifting and stealing money clips from NS now. You can tell from the video headlines which grift / money steal is which

Of course tRump gets to control the money himself and he claims he will control all of Gaza with the goal of creating a beachfront resort and hotel complex with no input from the Palestinian people nor any mention of where they will live. It is a total money making gambit with no humanitarian aid allowed for the Palestinians at all. No food, no healthcare, nothing. It is like they simply will not be there one way or the other. Hugs

What is the US treasury not secure enough? Who is getting the money? Who bought the oil. As the report says this is all to side step the legalities that would or could arise if the money was held under the US legal system in the US. Which leads to questions. Again who is getting the money and why? Is this going to tRump and family while the US taxpayer gets the bill for securing the ill gotten gains? Is it so creditors can’t collect their legally due money again so tRump and family get to keep it. See my issue with all this? The US is being led by a mob boss wannabe gangster. Hugs

I put this one here with because tRump needs to be a total authoritarian strong man dictator to be able to grift and steal as much money as possible both from the US treasury along with other sources. Hugs

Jack Smith calls for House committee to release full videotape of his deposition

Jack Smith calls for House committee to release full videotape of his deposition

by Ashleigh Fields – 12/24/25 11:35 AM ET

Former special counsel Jack Smith wants the recording of his full deposition to a House panel released.

His attorneys sent a letter Dec. 18 to House Judiciary Committee Chair Jim Jordan (R-Ohio) requesting that his closed-door deposition be made public.

“Mr. Smith respectfully requests the prompt public release of the full videotape of his deposition. Doing so will ensure that the American people can hear the facts directly from Mr. Smith, rather than through second-hand accounts,” wrote Lanny A. Breuer and Peter Koski, Smith’s lawyers.

“We also reiterate our request for an open and public hearing. During the investigation of President Trump, Mr. Smith steadfastly followed Justice Department policies, observed all legal requirements, and took actions based on the facts and the law. He stands by his decisions,” they added.

In the deposition, Smith defended his decision to bring charges against then-former President Trump for attempting to overturn the 2020 election.

“Our investigation developed proof beyond a reasonable doubt that President Trump engaged in a criminal scheme to overturn the results of the 2020 presidential election and to prevent the lawful transfer of power,” Smith said in prepared opening remarks, portions of which were obtained by The Hill.

“Our investigation also developed powerful evidence that showed President Trump willfully retained highly classified documents after he left office in January 2021, storing them at his social club, including in a bathroom and a ballroom where events and gatherings took place.

“He then repeatedly tried to obstruct justice to conceal his continued retention of those documents,” he added.

Smith said he’d do it all again if presented with the same facts during his testimony, which lasted more than nine hours.

Rep. Dan Goldman (D-N.Y.) advocated for the release in a post Wednesday on social platform X.

“I was there. There is no reason not to release the video and transcript,” he said in reply to a CBS News reporter’s post about the letter. “If @Jim_Jordan refused Jack Smith’s request for a public hearing — like every other Special Counsel — because he allegedly wanted to avoid the 5-minute rule, he got that.”

Rep. Kevin Kiley (R-Calif.) told The Hill on the day of Smith’s testimony that he wouldn’t oppose public testimony.

“I do think that we’re dealing with unprecedented events here, so it’s entirely appropriate. And I think people on both sides, maybe for different reasons, think that what happened here bears scrutiny,” Kiley said.

Jordan said last week he had not ruled out public testimony.