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US President Donald Trump speaks at a press conference at his Mar-a-Lago resort in Palm Beach, Florida on January 3, 2026.
The US president said American fossil fuel companies will "go in and spend billions of dollars" in Venezuela, which has the largest known oil reserves in the world.
Update:
President Donald Trump said Saturday that the US intends to control Venezuela until a "proper transition can take place," indicating that the bombing of the South American country and abduction of its president were just the start of the Trump administration's illegal intervention there.
"We are going to run the country," Trump said during a press conference at his Florida resort, flanked by top US officials. Asked to elaborate, Trump said his administration is in the process of "designating various people" to run the government, adding that "we're not afraid of boots on the ground."
The president went on to say that US forces are prepared to launch "a much larger attack" on Venezuela if he deems it necessary, threatening other political figures in the country.
"What happened to Maduro can happen to them," he said.
Trump also declared that American fossil fuel companies will "go in and spend billions of dollars" in Venezuela, which has the largest known oil reserves in the world.
Earlier:
President Donald Trump is set to hold a press conference late Saturday morning at his Mar-a-Lago resort hours after US forces bombed Venezuela and abducted the nation's president, Nicolás Maduro, who is being taken to New York to face new federal charges.
The press conference is scheduled to begin at 11 am ET, and it comes as Trump is facing backlash at home and around the world for launching an illegal regime-change war.
Watch live:
In a Fox News appearance ahead of the press conference, Trump brushed aside criticism from Democratic lawmakers and others who said the US bombing of Venezuela and abduction of its president were illegal.
Democratic lawmakers expressing that view are "weak, stupid people," the president said, declaring that the actions he approved without congressional authorization and in violation of international law should be applauded.
“They should say, 'Great job,'” Trump said. “They shouldn’t say, ‘Oh, gee, maybe it’s not constitutional.’ You know the same old stuff that we’ve been hearing for years and years and years.”
Trump went on to declare that the US will "be involved" in Venezuela's political future following Maduro's abduction. Asked if he would throw his support behind right-wing opposition leader María Corina Machado, the US president said, "We have to look at it."
"They have a vice president, as you know," said Trump, referring to Delcy Rodríguez, who is next in line to take power.
An indictment unsealed Saturday morning shows that Maduro, his wife, and top Venezuelan officials will face federal drug trafficking and narcoterrorism charges.
The document characterizes Maduro as "previously the president of Venezuela."
CNN reported that the raid resulting in Maduro and his wife's capture was carried out by the US Army's elite Delta Force.
"The couple was captured in the middle of the night as they were sleeping," the outlet reported, citing unnamed sources. "A team of FBI agents was with the US special operation forces who carried out the capture."
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
Update:
President Donald Trump said Saturday that the US intends to control Venezuela until a "proper transition can take place," indicating that the bombing of the South American country and abduction of its president were just the start of the Trump administration's illegal intervention there.
"We are going to run the country," Trump said during a press conference at his Florida resort, flanked by top US officials. Asked to elaborate, Trump said his administration is in the process of "designating various people" to run the government, adding that "we're not afraid of boots on the ground."
The president went on to say that US forces are prepared to launch "a much larger attack" on Venezuela if he deems it necessary, threatening other political figures in the country.
"What happened to Maduro can happen to them," he said.
Trump also declared that American fossil fuel companies will "go in and spend billions of dollars" in Venezuela, which has the largest known oil reserves in the world.
Earlier:
President Donald Trump is set to hold a press conference late Saturday morning at his Mar-a-Lago resort hours after US forces bombed Venezuela and abducted the nation's president, Nicolás Maduro, who is being taken to New York to face new federal charges.
The press conference is scheduled to begin at 11 am ET, and it comes as Trump is facing backlash at home and around the world for launching an illegal regime-change war.
Watch live:
In a Fox News appearance ahead of the press conference, Trump brushed aside criticism from Democratic lawmakers and others who said the US bombing of Venezuela and abduction of its president were illegal.
Democratic lawmakers expressing that view are "weak, stupid people," the president said, declaring that the actions he approved without congressional authorization and in violation of international law should be applauded.
“They should say, 'Great job,'” Trump said. “They shouldn’t say, ‘Oh, gee, maybe it’s not constitutional.’ You know the same old stuff that we’ve been hearing for years and years and years.”
Trump went on to declare that the US will "be involved" in Venezuela's political future following Maduro's abduction. Asked if he would throw his support behind right-wing opposition leader María Corina Machado, the US president said, "We have to look at it."
"They have a vice president, as you know," said Trump, referring to Delcy Rodríguez, who is next in line to take power.
An indictment unsealed Saturday morning shows that Maduro, his wife, and top Venezuelan officials will face federal drug trafficking and narcoterrorism charges.
The document characterizes Maduro as "previously the president of Venezuela."
CNN reported that the raid resulting in Maduro and his wife's capture was carried out by the US Army's elite Delta Force.
"The couple was captured in the middle of the night as they were sleeping," the outlet reported, citing unnamed sources. "A team of FBI agents was with the US special operation forces who carried out the capture."
Update:
President Donald Trump said Saturday that the US intends to control Venezuela until a "proper transition can take place," indicating that the bombing of the South American country and abduction of its president were just the start of the Trump administration's illegal intervention there.
"We are going to run the country," Trump said during a press conference at his Florida resort, flanked by top US officials. Asked to elaborate, Trump said his administration is in the process of "designating various people" to run the government, adding that "we're not afraid of boots on the ground."
The president went on to say that US forces are prepared to launch "a much larger attack" on Venezuela if he deems it necessary, threatening other political figures in the country.
"What happened to Maduro can happen to them," he said.
Trump also declared that American fossil fuel companies will "go in and spend billions of dollars" in Venezuela, which has the largest known oil reserves in the world.
Earlier:
President Donald Trump is set to hold a press conference late Saturday morning at his Mar-a-Lago resort hours after US forces bombed Venezuela and abducted the nation's president, Nicolás Maduro, who is being taken to New York to face new federal charges.
The press conference is scheduled to begin at 11 am ET, and it comes as Trump is facing backlash at home and around the world for launching an illegal regime-change war.
Watch live:
In a Fox News appearance ahead of the press conference, Trump brushed aside criticism from Democratic lawmakers and others who said the US bombing of Venezuela and abduction of its president were illegal.
Democratic lawmakers expressing that view are "weak, stupid people," the president said, declaring that the actions he approved without congressional authorization and in violation of international law should be applauded.
“They should say, 'Great job,'” Trump said. “They shouldn’t say, ‘Oh, gee, maybe it’s not constitutional.’ You know the same old stuff that we’ve been hearing for years and years and years.”
Trump went on to declare that the US will "be involved" in Venezuela's political future following Maduro's abduction. Asked if he would throw his support behind right-wing opposition leader María Corina Machado, the US president said, "We have to look at it."
"They have a vice president, as you know," said Trump, referring to Delcy Rodríguez, who is next in line to take power.
An indictment unsealed Saturday morning shows that Maduro, his wife, and top Venezuelan officials will face federal drug trafficking and narcoterrorism charges.
The document characterizes Maduro as "previously the president of Venezuela."
CNN reported that the raid resulting in Maduro and his wife's capture was carried out by the US Army's elite Delta Force.
"The couple was captured in the middle of the night as they were sleeping," the outlet reported, citing unnamed sources. "A team of FBI agents was with the US special operation forces who carried out the capture."