5
#000000
#FFFFFF
LIVE COVERAGE
Opinion
Climate
Economy
Politics
Rights & Justice
War & Peace
Further
Who Do You Serve
Declaring, "I believe in America, I believe in us," an active duty Air Force major was arrested Wednesday for a non-violent act of civil disobedience after he publicly called for Trump to be impeached, removed and convicted for his scores of impeachable offenses. Citing the "foundational oath" he took to defend the country "against all enemies foreign and domestic" - most vitally a lawless president - Major Jason Watson insisted, finally, "The bill must come due."
Watson's action came after a press conference with advocacy groups including About Face Veterans, Defenders of Our Republic, Removal Coalition, its newly launched Remove the Regime, and Free Speech For People, which has gathered over a million signatures urging Congress to initiate impeachment proceedings against Trump for his hundreds of crimes. Also present was Rep. Al Green, the only member of Congress to have filed impeachment articles. Declaring this "an existential moment for our nation," Free Speech president John Bonifaz praised Major Watson for "the kind of courage our democracy demands (in) stark contrast to those who continue to look away as President Trump commits unprecedented abuses of power."
Watson introduced himself by citing his 17-year career in the military before swiftly adding, "Who I am is immaterial. In the grand scheme of things I'm a nobody. What's more important is what I have to say, and the price I'm willing to pay to say it" - which is substantial. Thanking allies "working to restore responsible governance to our country," he repeated the "foundational" oath he first swore over 20 years ago, and has since repeated "many times since," to "support and defend the Constitution of the United States," which "binds us all together as Americans." We have all "played a part in getting us into this mess," he added, but undeniably "the burden of culpability" falls most heavily on the executive branch, "and the bill must come due."
Matter-of-factly, he offered a hefty list of high crimes and misdemeanors: The "unconstitutional usurpation of Congress’ authority" with military action against foreign countries, absent the requisite emergency scenario, in Venezuela, Cuba, Iran; the granting of power to an unelected person to shut down large swaths of the government; the detaining and sending of residents without due process to a foreign country; the abuse and murder of those exercising their First Amendment rights, etc etc. After each, he added, "For this, the president and vice-president must be impeached convicted, and removed." He was there not as a Democrat - "I am not a Democrat" - but to call on Americans to peacefully "join me in the defense of our republic."
Video of his speech then briefly cuts out; when it returns, he is walking slowly, deliberately, toward the Capitol steps, an area that is open to the public but where protest is prohibited. Several Capitol Police stand to the side, nervously watching. In somber, lonesome silence, he climbs the stairs; mid-way, he stops and holds up a sign that reads, "Impeach. Convict. Remove." The watching crowd cheers. After a brief huddle, a couple of officers arrest him. As he is led away, his hands cuffed behind him, his dignity intact, the crowd breaks into chants of "Shame!" and, "Who do you serve? Who do you protect?" Excellent questions. We, and many weary, grieving, enraged Americans, salute him and his good trouble.
Jul 02, 2026
SEE ALL
News
'Setback for Alaska and Our Oceans': GOP Governor Vetoes Ban on Single-Use Polystyrene Food Packaging in Alaska
Critics are slamming Republican Alaska Gov. Mike Dunleavy for his Thursday veto of a bill that would have banned state agencies and restaurants from using single-use polystyrene foam food containers.
The legislation, which passed last month with bipartisan support and would have taken effect starting in January, was intended to stop the use of non-biodegradable polystyrene containers, whose usage has resulted in microplastics polluting Alaska's waterways.
In justifying the veto, Dunleavy said that the bill would "create a short and unrealistic implementation timeline" and would “be especially difficult for businesses in rural Alaska, where shipping limitations, supply availability, and higher costs already make operations more expensive."
In an interview with the Anchorage Daily News, Alaska House Speaker Bryce Edgmon (I-37) expressed frustration that Dunleavy has vetoed a number of measures this year that have had broad support, simply because they did not conform with his "far-right beliefs."
"Every bill that he has vetoed thus far, in my view, served in a valid public purpose," Edgmon explained. “It’s difficult to put so much work and so much public process and so much time and energy, and then, because they don’t meet the standards—whatever the standards are—they get canned."
Environmental advocates criticized Dunleavy for the veto, with Christy Leavitt, senior campaign director at Oceana, calling it "a setback for Alaska and our oceans."
"This veto undermines bipartisan action to reduce single-use plastic pollution at the source, and will only put Alaska’s communities, wildlife, and waters in further jeopardy," said Leavitt. "We applaud the efforts of the state legislature and look forward to working with lawmakers to pass this important bill in the future to phase out plastic foam foodware."
Dyani Lezama, state director at Alaska Environment, said she was "incredibly disappointed that the governor vetoed this opportunity to make Alaska’s environment safer and cleaner."
"Polystyrene foam is bad for our health, produces a huge amount of litter, and is incredibly hard to clean up," Lezama emphasized. "Products that we use for just a few minutes shouldn’t pollute our environment for hundreds of years."
Had Dunleavy not vetoed the legislation, Alaska would have become the thirteenth state to ban polystyrene foam containers, following Maryland, Maine, Vermont, New York, New Jersey, Colorado, Virginia, Washington, Delaware, Oregon, Rhode Island, and California.
Jun 26, 2026
SEE ALL
News
As Post-Quake Misery Mounts in Venezuela, Demand Grows for Total End to US Sanctions
As death and injury tolls from Venezuela's pair of devastating earthquakes last week continue to rise, a coalition of human rights and anti-war groups called on President Donald Trump and Secretary of State Marco Rubio on Wednesday to lift the US sanctions that have crippled the nation's economy.
"As long as sweeping economic sanctions remain in place and Venezuelan assets remain frozen abroad, reconstruction will be unnecessarily delayed, and millions of people will continue to suffer," said the letter, which was written by Just Foreign Policy, the Latin American Working Group, and Venezuelan American Community Action and shared exclusively with Common Dreams.
It has been signed by more than a dozen other groups, including the Center for Economic and Policy Research (CEPR), the Quincy Institute for Responsible Statecraft, Peace Action, and the Presbyterian Church's Office of Public Witness.
The earthquakes have killed nearly 2,300 people as of Wednesday, a death toll that is expected to rise, with the number of missing people greater than 40,000, according to an unofficial estimate. The United Nations' resident coordinator said the UN was preparing more than 10,000 body bags for the country "in anticipation of the death toll rising further."
The quakes caused $6.7 billion in damage, the equivalent of 6% of the country's gross domestic product, the UN Development Program estimated last week.
In the letter sent Wednesday, the groups welcomed the State Department's mobilization of support for Venezuela, which has included search and rescue teams, military personnel for disaster relief, and at least $150 million in humanitarian assistance through aid partners and the UN.
But they said, “It is clear that emergency relief alone will not be enough.”
"Venezuela’s recovery will require access to its own financial resources and the ability to import the equipment, construction materials, medicine, fuel, spare parts, and other goods needed to rebuild homes, hospitals, schools, roads, ports, and critical infrastructure," they said.
They said acquiring these needs has been made vastly more difficult by US sanctions that have "deliberately crushed Venezuela's economy, restricting the government's ability to import goods, maintain infrastructure, and deliver basic services to its population."
Even before the earthquakes, they pointed out, nearly a third of Venezuela's population was in need of humanitarian assistance in May, according to the UN Office for the Coordination of Humanitarian Affairs.
They said US "responsibility" for the state of Venezuela's economy has only grown since Trump's operation in January to topple and abduct President Nicolás Maduro.
Despite Venezuela's oil exports rising 25%, its economic growth plummeted to an annual rate of just 2.5% in the first quarter of 2026, according to an analysis of bank data by Francisco Rodríguez, a senior research fellow at CEPR, who said it was "the lowest rate of growth observed since the second quarter of 2021."
"The data suggests the US may be holding Venezuelan oil revenues in deposit accounts and not disbursing them to the Venezuelan government," the letter said, "currently leaving ordinary Venezuelans with too little of the promised economic improvement and directly contradicting the Trump administration's claim that Venezuelans are doing better than ever."
Given the US role in creating these conditions, as well as the role of US sanctions in turning Venezuela's economic crisis in the 2010s into one of the worst depressions of the last 50 years, the coalition said the Trump administration must not continue using economic warfare to force political concessions.
They also condemned calls from Democrats, including Senate Foreign Relations Committee Ranking Member Jeanne Shaheen (NH) and House Foreign Affairs Committee Ranking Member Gregory Meeks (NY) earlier this month, for the Trump administration to "exercise its leverage" on Venezuela's current government, led by President Delcy Rodriguez, to push for democratic elections.
"The primary leverage the US has long held over Venezuela includes indiscriminate economic sanctions, alongside threats of military action that are illegal under US and international law," the coalition said.
"Using economic pressure against a civilian population as a political tool was unconscionable before this earthquake," they continued. "In its aftermath, any call to tighten that leverage, or to attach political conditions to aid or in exchange for a lifting of economic sanctions must be recognized for what it is—an act of collective punishment against long-suffering civilians who should not face further indiscriminate harm due to US policy."
The coalition said that the Trump administration's limited, temporary unfreezing of some sanctions to allow humanitarian relief transactions was "wildly insufficient," as it did not unfreeze other sanctions that have hamstrung Venezuela's economy.
"The Venezuelan government must be free to receive and allocate earthquake relief and to direct humanitarian support to those who need it most," the letter said. "Anything short of a full lifting of sanctions will hobble the overall response before it gets off the ground."
They called for the US to provide "massive humanitarian assistance" without political strings attached.
They also said the US must release Venezuelan oil revenues held in US accounts and pressure other countries like the UK and Portugal to do so as well.
"This is Venezuela’s money, and it is now urgently needed," the groups said. "Withholding it during a national catastrophe of this magnitude is indefensible."
They also called on the US to lift all sanctions on Venezuela, which they said "impede the delivery of humanitarian goods, reconstruction materials, and financial transfers needed for disaster response and economic recovery."
"The United States has a short window to demonstrate that its relationship with the Venezuelan people is not merely transactional," the letter concluded. "The scale of aid must match the scale of the harm the United States has played a role in creating. Anything less would confirm what many Venezuelans already fear: that American concern for their welfare begins and ends where American geopolitical and economic interests do."
Jul 01, 2026
SEE ALL
News
In Independence Eve Speech, Trump Warns of Communism Then Promotes One-Party Rule
President Donald Trump spent his address to the United States the night before its 250th birthday fearmongering about the "communist menace" and suggesting that his Republican Party should govern the nation for a century.
"America will never be a communist country," he said from Mount Rushmore, South Dakota Friday night. "We can only lose the midterms if we allow ourselves to lose the midterms, if we are foolish, stupid, and unwise. But if we terminate the filibuster as we should do and immediately vote for the SAVE America Act then we will not lose an election for a hundred years."
His remarks clearly implied a false link between communism and the Democratic Party and promoted a bill that critics say will make it harder for millions of eligible voters to participate in elections. The SAVE America Act claims to address the documented non-problem of noncitizen voting by requiring voters to show documents such as passports and birth certificates, which can be expensive and difficult to obtain, especially for low-income voters. Such requirements would also impose added burdens on rural voters and married women who have changed their names.
Melanie D’Arrigo, executive director of the Campaign for New York Health, wrote on social media that with his remarks, Trump was "clearly defining the effects of voter suppression bills."
Trump clearly defining the effects of voter suppression bills. https://t.co/vKOytLxdm0
— Melanie D'Arrigo (@DarrigoMelanie) July 4, 2026
"What message could be more unifying on the nation’s 250th birthday weekend than touting one-party rule?" writer Michael Freeman posted on social media.
California state Sen. Scott Wiener (D-11) wrote: "The thing about Trump is he tells us what he wants & what he intends to do. He wants to end democracy. Freeze MAGA in power forever. Have zero accountability to the people. Just seize power & keep it. We are so close to true authoritarianism. We must use every ounce of power & leverage we have to stop them."
Before arguing for 100 years of Republican rule, Trump continued the exaggerated anti-communist rhetoric he has employed in the weeks since progressive and Democratic-Socialist candidates won a series of Democratic primary victories.
"There is now a resurgence of the communist menace in our land, including from newcomers to our country who embrace ideas totally opposed to our way of life and our great success," Trump said on Friday. "These are not mere political disagreements like differences over taxes or regulations. Communism is a mortal threat to American liberty. It is the greatest threat to our country, including World War I, World War II, Pearl Harbor, or even 9/11."
In fact, the Democratic Socialists who won primary elections in New York City last month ran on a platform of affordable housing, Medicare for All, stronger unions, and an end to US military support for Israel's genocide in Gaza, policies backed by large numbers of ordinary Americans.
Trump doubled down on an opposition between communism and US values and also linked his anti-communist to his anti-immigrant stance, threatening to send communists into "exile."
"You can be a communist or you can be a patriot. You cannot be both," Trump said in a quote later posted from the White House X account.
Apparently, you can be a rapist and an alleged pedophile and become President. https://t.co/aYAMCJQOPO
— Wajahat Ali (@WajahatAli) July 4, 2026
"This July 4th, the Trump regime is pushing a new Red Scare. This is an actual White House post. The regime is pretending that communism is a serious threat to America," Tom Joscelyn, who served as a senior professional staffer on the January 6 Committee, responded on social media.
MeidasNews editor in chief Ron Filipkowski argued that Trump was leaning on anti-communism to divert attention from his own disastrous policies.
"Trump fucks up the economy with his tariffs, raises gas prices for every American with his foolish war, piles on to the national debt with his budget & wasteful spending on vanity projects, covers up Epstein, makes billions for himself, then starts yelling about communism to distract," he wrote on social media.
Journalist Mark Chadbourn agreed, writing on social media that the speech reflected Trump's "new strategy."
"Now he’s failed completely abroad, he’s looking to the Enemy Within to create new Hate Figures to unite his wavering followers," Chadbourn said. "Can’t stop Iran’s threat so let’s have a 2026 Red Scare to turn neighbour against neighbour. A new HUAC on the way? Very dangerous."
Trump's July 3 remarks contrasted with those of New York Democratic Socialist Mayor Zohran Mamdani earlier that day, who uplifted the country's immigrant heritage, decried greed and racial supremacy, and argued that “time and again, including 250 years ago, those forces of division have been vanquished by the forces of progress.”
Jul 04, 2026
SEE ALL
News
'This Is the PFAS Presidency': Trump EPA Approves Another Forever Chemical Pesticide
Environmental and public health advocates on Wednesday ripped the US Environmental Protection Agency's fifth approval of a "forever chemical" pesticide during the current term of President Donald Trump, who campaigned on a promise to "Make America Healthy Again."
Despite that pledge, Trump's second administration—much like his first—has served the pesticide industry in various ways, including by putting out a MAHA report that echoes industry talking points, installing a former industry lobbyist in a key EPA post, backing Bayer-owned Monsanto over cancer patients at the US Supreme Court, and issuing an executive order that mandates the production of glyphosate.
Under Trump, the EPA has also approved or reapproved various controversial pesticides, from atrazine and dicamba to trifludimoxazin, which was approved late Tuesday. Like diflufenican and epyrifenacil, which were authorized by the EPA earlier Tuesday, as well as cyclobutrifluram and isocycloseram, which got a green light from the agency last November, trifludimoxazin is what some scientists and campaigners call a forever chemical pesticide.
Per- and polyfluoroalkyl substances (PFAS)—which have been used in not only pesticides but also fabrics, firefighting foam, nonstick cookware, and other household products—are widely known as forever chemicals because they don't break down naturally. They're also linked to a range of health issues, including various cancers.
"This is the PFAS presidency brought to you by Donald Trump and EPA Administrator Lee Zeldin," Nathan Donley, environmental health science director at the Center for Biological Diversity, declared Wednesday.
As with his Tuesday critique of the Trump EPA approving diflufenican and epyrifenacil, Donley pointed to the Supreme Court's recent ruling in favor of Trump-backed Bayer, rather than the thousands of Americans who argue that Monsanto's glyphosate-based weedkiller Roundup caused their cancer.
"Waiting to open the floodgates on new pesticide approvals until after the Supreme Court granted immunity to pesticide companies takes a special kind of callousness," he said.
Bill Freese, science director at Center for Food Safety (CFS), similarly said Wednesday that "with yesterday's pesticide approvals, the Trump administration's EPA is once again showing its disdain for Americans' health and the natural world."
"The EPA's pesticide division is seemingly no longer able to recognize evidence that a pesticide causes cancer, even when it's the pesticide company's own studies that show it," he continued. "And as per usual, EPA dismisses out of hand incriminating independent studies by scientists not affiliated with the pesticide industry."
In addition to the PFAS pesticides, the EPA is under fire this week for approving new uses for chlormequat, a non-PFAS pesticide tied to reproductive issues, and the fungicide fluoxapiprolin.
CFS co-executive director Sylvia Wu pointed out that the agency dismissed studies showing that fluoxapiprolin and epyrifenacil both produce tumors in laboratory rodents and classified both as "not likely to be carcinogenic to humans."
"The EPA's illegitimate rejection of the evidence that these two pesticides cause cancer is very similar to the tricks it pulled in denying glyphosate could cause cancer," Wu said. "These blatant violations of the agency's own cancer guidelines are unacceptable."
As for chlormequat, Freese said that "EPA should never have approved this endocrine-disrupting pesticide, particularly since its persistence and potential for widespread use on wheat and other widely consumed grains will mean universal exposure."
Already, "chlormequat is found in the urine of 90% of Americans, thought to come mostly from residues on imported foods where the pesticide has been used," the Center for Biological Diversity noted Wednesday. Like Freese, the group warned that "approval of its use on US wheat and oats ensures that exposure to the US population will increase dramatically."
Jul 01, 2026
SEE ALL
News
UN Chief Says Civilians 'Must Be Protected' as Pakistani Strikes Kill Dozens of Afghans
United Nations Secretary-General António Guterres on Monday called for “an immediate cessation of hostilities and the protection of civilians” after Pakistani airstrikes killed and wounded scores of Afghans, including women and children.
Pakistani forces bombed targets in Afghanistan's Paktia, Paktika, and Kunar provinces and launched a ground invasion of the neighboring nation.
The attacks—which Afghanistan's Taliban government called "cowardly" and an "atrocity"—reportedly killed at least 28 civilians and wounded 49 others.
"We call on all parties to uphold their obligations under international humanitarian law and continue to stress that civilians and civilian infrastructure must be protected at all times," Guterres said in a statement read in New York by his spokesperson, Stéphane Dujarric.
Dujarric also said that the UN Assistance Mission in Afghanistan (UNAMA) “just confirmed that many civilians were killed and injured in these airstrikes carried out by Pakistan," and that “humanitarian colleagues tell us that the latest attacks have also reportedly triggered displacement, and humanitarian partners on the ground are assessing needs and preparing to provide emergency assistance.”
Paktia elder Adam Khan told Agence France-Presse that those killed in one of the strikes "were innocent civilians, including children, elderly people, and women" sleeping in a house.
Pakistani officials say the military operations are aimed at militant groups that it says operate from Afghan territory and launch attacks into Pakistan, not at Afghanistan's government. Islamabad accuses Tehreek-e-Taliban Pakistan—also known as the Pakistani Taliban—and Jamaat-ul-Ahrar of having recently attacked Pakistani security forces and civilians.
Last October, Pakistan and Afghanistan agreed to a now-imploded ceasefire after weeks of border clashes that killed dozens of civilians and wounded hundreds more.
Jun 29, 2026
SEE ALL
LATEST NEWS
'A Slap in the Face': Trump Moves to Gut Biden-Era Rules Reining In Meatpackers
"We need robust enforcement of antitrust and fair trade practice laws to finally protect producers from meatpackers’ fundamentally unfair and illegal practices," said one campaigner.
Jul 06, 2026
A leading government accountability watchdog group on Monday ripped the Trump administration's move to rescind Biden-era rules enacted to protect ranchers and farmers from abuse by meatpacking corporations and boost competition in the key industry.
The US Department of Agriculture (USDA) has announced the reversal of three Biden administration rules under the Packers and Stockyards Act of 1921. One of the rules prohibits meatpackers, swine contractors, and poultry companies from retaliating against producers for actions like joining associations, speaking with regulators, or seeking other buyers.
Another rule mandated improved transparency in poultry grower contracts. The third rule‚ which was set to take effect this month, would have limited how poultry companies use the tournament payment system.
USDA said it plans to start the revocation process with proposed rulemakings scheduled for later this month and October.
Farm groups and antitrust advocates argue the move removes protections against monopolistic, deceptive, and retaliatory practices by dominant meatpacking and poultry companies.
“For years, meat corporations have abused hardworking farmers and ranchers. Now, the Trump administration is proposing to undo long-overdue progress made to level the playing field," Emily Miller, staff attorney at Food & Water Watch, said Monday in a statement. "This move is a slap in the face to all those who have long fought for fair treatment in livestock and poultry markets."
The USDA's move comes amid increased meat sector consolidation, which studies by Food & Water Watch, More Perfect Union, and others have found results in higher consumer prices and lower farmer profits.
Over the course of his two terms in office, Trump has boosted the meatpacking industry at the expense of worker rights, competition, and public health. His administration refused to issue binding rules requiring businesses to institute safety measures amid the Covid-19 pandemic, and he invoked the Defense Production Act to classify meatpacking plants as critical infrastructure and force them to stay open even as the coronavirus ravaged industry workers.
Trump has also supported corporate monopolization in meatpacking, and his administration has shut down a Department of Justice antitrust probe of alleged industry collusion. Just four meatpackers control approximately 80% of the market. Meanwhile, cattle producers who in 1980 received 63 cents for every dollar paid by consumers for beef were receiving just 37 cents four decades later.
"We need robust enforcement of antitrust and fair trade practice laws to finally protect producers from meatpackers’ fundamentally unfair and illegal practices," Miller said on Monday. "These rollbacks will do the opposite. We won’t rest until USDA does its job by putting producers above corporations.”
Keep Reading
Show Less
Despite Trump's Demand for AI Investment, Treasury Report Warns Industry Poses 'Significant Risk' to US Economy
"There isn’t an AI company with a sustainable business model right now," said a tech insider. "It’s not a healthy industry."
Jul 06, 2026
While President Donald Trump's administration has regularly hyped up the development of artificial intelligence, a draft US Treasury Department report warns that the AI industry could be a financial bubble that will ultimately damage the American economy.
NOTUS, which obtained a copy of the Treasury Department analysis, reported on Monday that it "is a significant departure from the Trump administration’s public tone, which has focused on encouraging unrelenting investment to unlock exponential growth."
Career analysts at the department find that, while many AI firms are on firmer financial footing than the dotcom companies in the late 1990s, they are also much more deeply integrated with the US economy.
Because of this integration, these firms "pose significant risk to the entire system if financial conditions change, productivity goals are missed, or various chokepoints stymie growth," wrote NOTUS.
The report also says that the investments being made into AI infrastructure are so big that they risk damaging the entire financial system if they do not meet certain metrics for productivity growth and profitability.
"Fears of an AI bubble have grown over the last year, including on Capitol Hill, among some Wall Street observers and executives, inside think tanks and even within the ranks of top AI principals," the NOTUS report added. "Prominent economists and institutions... have also raised concerns about overvaluation of AI firms and the risks they pose to the broader economic system."
Dean Baker, co-founder and senior economist of the Center for Economic and Policy Research (CEPR), noted in an analysis published Friday that AI's long-promised boost to productivity isn't yet showing up in data.
Citing the most recent jobs report from the US Bureau of Labor Statistics (BLS), Baker found that AI's impact on productivity growth at the moment is "invisible."
"The index of aggregate hours grew at a 1.3% rate in the quarter. With [gross domestic product] growth likely coming in close to 2%, we are looking at productivity growth around 1%," Baker explained. "That follows growth of 0.3% in the first quarter and 1.6% in the fourth quarter of 2025. There is zero evidence of any sort of productivity uptick in these data."
Baker argued that this was a contrast with the dotcom era, when productivity growth averaged roughly 2.8% over a four-year period in the late 1990s before the bubble burst.
"We would need rates of productivity growth in the neighborhood of 4% to generate the sort of profits needed to make sense of current market levels," Baker wrote. "It is surprising that the continuing weakness of productivity doesn’t bother stock investors more."
There are also questions about AI's ability to turn a profit.
A Monday report in The New York Times highlighted the predicament of Chinese tech company Alibaba, whose open-source AI model has become extremely popular while at the same time being unprofitable.
"In the first three months of this year, Alibaba reported $1.3 billion in revenue from AI-related products—less than 4% of its total revenue," reported the Times. "That pales in comparison with the company’s plan to spend more than $55 billion by the end of next year to build out its AI infrastructure."
Richard Lin, a vice president at the Silicon Valley firm Datastrato, told the Times that concerns about AI profitability extend beyond Alibaba and to the industry as a whole.
"There isn’t an AI company with a sustainable business model right now," said Lin. "It’s not a healthy industry."
Keep Reading
Show Less
US Provides $300 Million in Earthquake Recovery Money to Venezuela While Sitting on $8 Billion in Stolen Oil Wealth
"Will these funds be released for the disaster response?” asked a former US ambassador to Venezuela.
Jul 06, 2026
The Trump administration has seized at least $8 billion worth of Venezuela's oil wealth since it overthrew President Nicolás Maduro in January, according to the New York Times.
Now, as Venezuela struggles to cope with a catastrophic pair of earthquakes late last month that killed at least 3,300 people and left tens of thousands more injured and homeless, and 41,000-50,000 people are reported missing, the US is providing just $300 million in humanitarian aid, a small fraction of the money it purloined.
The Associated Press reported on Monday that international rescue teams have begun to pull out as hopes of finding missing loved ones alive dwindle each day after the disaster.
Shortly after deposing Maduro, US President Donald Trump declared that the US "took over Venezuela... and the oil is flowing.”
Economist Francisco Rodriguez has found that during the first quarter of 2026, after Trump overthrew Maduro and the US began expropriating Venezuelan oil, the country experienced the lowest rate of economic growth since 2021, even as oil exports rose.
As Roxanna Vigil, a former senior sanctions policy adviser at the US Treasury Department’s Office of Foreign Assets Control, explained in an article for the Council on Foreign Relations last month, "almost 100 million barrels of oil worth an estimated $8 billion have flowed through a process marked by no transparency and minimal oversight."
"While the Trump administration has repeatedly framed this control as benefiting both countries, it has not publicly disclosed how much Venezuelan oil it has sold, how much revenue it has collected, or how it has used those funds," she added.
According to an initial report by the United Nations Development Program, the quakes caused $6.7 billion worth of damage.
Former US Ambassador to Venezuela Jimmy Story credited what he said was a “robust” US effort to provide aid. But he told Reuters that it called into question "the transparency over the oil fund," and asked, "Will these funds be released for the disaster response?”
The Times noted that the Trump administration's response to the Venezuela quakes is dwarfed by the humanitarian response to the earthquake that struck Haiti in 2010, when the US launched a more than $3 billion relief effort and deployed more than 7,000 troops.
Just 900 US troops are on the ground in Venezuela, with another 800 positioned in Puerto Rico and Curaçao to support the operation.
The Times' Simon Romero, who has reported on earthquakes in both countries, noted that the Haiti earthquake was more destructive, but said:
The parallels between the disasters are also haunting: Pancaked multistory concrete buildings, bodies flooding into overwhelmed morgues, survivors disparaging government responses, and civilians leading desperate rescues of people trapped in the rubble.
Viewed against cityscapes clouded by dust from pulverized structures, the images speak to hollowed-out first responder agencies, generalized impoverishment, and political dysfunction in both Haiti and Venezuela.
Beyond the $8 billion taken out of Venezuela since January, anti-war and human rights groups in the US have urged the Trump administration to lift the economic sanctions that have crippled the Venezuelan government, arguing that they have hobbled the recovery effort.
The Washington Office on Latin America (WOLA) estimated that during just four years, between 2017-20, US sanctions caused the Venezuelan state to lose between $17 billion and $31 billion in revenue.
A more recent report by the Tricontinental Institute for Social Research found that between 2017-24, Venezuela suffered an estimated $226 billion in lost oil revenue due to US sanctions, equivalent to 213% of its total gross domestic product.
Keep Reading
Show Less
Most Popular
Progressive Newswire
Putting the Freedom 250 Logo on Social Security Cards is Corrupt and Inappropriate
Jul 02 2026 · 11:41am EDT
Trump EPA Approves Its Fifth ‘Forever Chemical’ Pesticide
Jul 01 2026 · 01:10pm EDT