Senate Democrats are also challenging the legality of the Pentagon's role in the venture. In response, a spokesperson for the administration stated that Senate Democrats cancelled a scheduled Oct. 1 briefing to go on vacation and described the demands as "pure grandstanding." The White House maintains the pact costs taxpayers nothing, though the request for documents specifically asks if US military forces will protect the oil assets in Venezuela.
Tuesday, October 20, 2026
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Democrats Demand Docs on Trump’s 100 Year Venezuelan Lease
US Politics19 days ago
Marco Rubio and Pete Hegseth must produce the underlying paperwork for an energy agreement with the Venezuelan government by Oct. 14 to satisfy a request from House committee leaders. The group, including Representative Joaquin Castro, is seeking contracts and guarantees for a deal where the US takes a 35% stake in North American Blue Energy Partners in exchange for 100 year concessions on 17 Venezuelan oil fields. The inquiry follows allegations of money laundering and corruption investigations involving the company's owner, Betancourt, in the US, Spain, and Switzerland.
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