Warren targets major banks over Trump administration’s Venezuela oil sales
Fox News
Sen. Elizabeth Warren leads Democratic investigation into major U.S. banks' role in Trump's Venezuelan oil sales after transparency concerns raised.
Diana Stancy is a politics reporter with Fox News Digital covering the White House.
While Trump has said that he would control the proceeds of the sale, the Department of Energy also announced Jan. 7 that this would require "key banks to execute and provide financial support for these sales" and that proceeds would remain housed at "U.S. controlled accounts at globally recognized banks."
Likewise, Trump signed an executive order Jan. 9 "declaring a national emergency to safeguard Venezuelan oil revenue held in U.S. Treasury accounts from attachment or judicial process, ensuring these funds are preserved to advance U.S. foreign policy objectives."
Trump urges Congress to pass SAVE America Act requiring voter ID while pushing to restore Department of Homeland Security funding as federal employees go without pay.
Minnesota Democrat Dave Pinto defended his comments about studying "benefits of shoplifting" as sarcasm after his remarks went viral on social media.
Russian tanker M/V TRUST allegedly transferred 325,000 barrels of crude oil worth $29.3 million in covert Gulf of Oman operation, according to reports.
The 7th Circuit scrapped a sweeping order limiting federal immigration enforcement in Chicago, prompting Border Patrol Chief Greg Bovino to declare the operation “vindicated."
House Speaker Mike Johnson sounds the alarm on what he calls a growing Sharia law threat in the U.S., urging vigilance to protect American legal traditions.
Senate Democrats threaten to gridlock floor proceedings over President Donald Trump's strikes in Iran, demanding hearings with Secretary of State Marco Rubio and Secretary of War Pete Hegseth.
Club for Growth President David McIntosh endorses Rep. Mike Collins of Georgia for Senate while celebrating primary victory over Rep. Dan Crenshaw in Texas congressional race.
GOP Rep. Eric Burlison of Missouri has endorsed Texas Attorney General Ken Paxton who is challenging incumbent Sen. John Cornyn in a Texas Republican U.S. Senate primary runoff.
Stanley Woodward takes control of Camp Lejeune settlement approvals, with Justice Department paying out over $414 million since January 2025 under Elective Option program.
ICE Enforcement and Removal Operations Houston arrested 414 illegal aliens charged or convicted for child sex offenses in the first year since President Donald Trump returned to office.
Ibrahim Kayumi, 19, and Emir Balat, 18, of Pennsylvania, are accused of plotting an ISIS-inspired terror attack using explosives at a NYC protest.
Sen. Ted Cruz said he wouldn't support extended military engagement with Iran during a CNBC interview, calling targeted strikes against the regime very different from the Iraq war.
State Department declares Sudanese Muslim Brotherhood contributed 20,000 fighters to Sudan conflict, with training and support from Iran's Islamic Revolutionary Guard Corps.