Wednesday, January 14, 2026

Obama Judge Blocks Probe into Dem NY AG Letitia James.

PULSE POINTS

❓WHAT HAPPENED: A federal judge appointed by Barack Obama has disqualified a prosecutor from overseeing investigations into New York Attorney General Letitia James (D).

👤WHO WAS INVOLVED: U.S. District Judge Lorna G. Schofield, federal prosecutor John Sarcone, Attorney General Pam Bondi, and Letitia James.

📍WHEN & WHERE: The ruling was made in January 2026 in the Northern District of New York.

🎯IMPACT: Subpoenas related to James’s high-profile lawfare suits against President Donald J. Trump’s business and the National Rifle Association (NRA) were invalidated, and Sarcone was barred from further involvement.

IN FULL

A federal court has removed a senior federal prosecutor from overseeing inquiries tied to Democrat New York Attorney General Letitia James, concluding that his continued role violated federal appointment laws and rendered his actions invalid. U.S. District Judge Lorna G. Schofield, originally appointed by Barack Obama, ruled that John Sarcone could not lawfully continue serving as acting U.S. attorney for the Northern District of New York after his 120-day interim term expired.

Federal law requires that district judges decide whether an interim prosecutor may remain in office. In this case, judges declined to extend Sarcone’s tenure. The ruling claimed that the Justice Department (DOJ), led by Attorney General Pam Bondi, improperly attempted to preserve Sarcone’s authority by redesignating him as a “special attorney” and first assistant after his term lapsed. Judge Schofield said the move amounted to an unlawful attempt to bypass statutory limits on prosecutorial appointments.

Because Sarcone lacked legal authority, the court invalidated the subpoenas he issued and barred him from further participating in the investigations. Those subpoenas sought information related to James’ office and its prior litigation.

Sarcone worked on President Donald J. Trump’s 2016 campaign legal team and later served as a regional administrator at the General Services Administration during Trump’s first term. James’s office has argued that Sarcone’s involvement reflected a politically driven effort to retaliate against her for pursuing high-profile cases against Trump and conservative-aligned organizations.

James has built a national profile through aggressive legal actions, including a civil fraud case against Trump’s business empire and litigation against the pro-Second Amendment National Rifle Association (NRA).

James recently claimed a legal victory over the Department of Homeland Security, and another over the Department of Justice when a grand jury declined to re-indict her for mortgage fraud.

Image by Maryland GovPics.

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Doctors Euthanized a Healthy 26-Year-Old Because He Had Depression, Mother Claims.

PULSE POINTS

âť“WHAT HAPPENED: The mother of a depressed 26-year-old announced he was killed as part of Canada’s assisted suicide program.

👤WHO WAS INVOLVED: Kiano Vafaeian, Margaret Marsilla, Dr. Ellen Wiebe.

📍WHEN & WHERE: Canadian doctors euthanized Vafaeian this week, with his mother Margaret Marsilla announcing his death on Facebook on January 6.

đź’¬KEY QUOTE: “The actions of DR ELLEN WIEBE reveal a pattern of coldness and disregard for vulnerable human life that I can no longer stay silent about.” – Margaret Marsilla.

🎯IMPACT: The case reveals that killings of people with mental illnesses in Canada are occurring despite the practice being supposedly banned until 2027.

IN FULL

A notorious Canadian euthanasia doctor is said to have assisted in the suicide of Kiano Vafaeian, a depressed 26-year-old man, despite Canada not yet opening Medical Assistance in Dying (MAID) to those with simple mental illnesses until 2027. Kiano Vafaeian passed away this week, according to a Facebook post by his mother, Margaret Marsilla.

In the post, Marsilla notes, “Four years ago, here in Ontario, we were able to stop his euthanasia and get him some help. He was alive because people stepped in when he was vulnerable and not capable of making a final, irreversible decision. Tragically, the Canadian system later allowed something very different to happen in Vancouver—where a doctor named DR ELLEN WIEBE AKA DR DEATH #2 approved his death based on mental illness.”

“The actions of DR ELLEN WIEBE reveal a pattern of coldness and disregard for vulnerable human life that I can no longer stay silent about, just that scary smile shows her entitlement for taking peoples lives,” she continued, adding: “No compassion. No protection. No effort to save a life, only to end it.”

Dr. Wiebe has become well known in Canada for her enthusiasm for MAID, claiming to have been behind the killing of at least 400 people. She is also an abortionist.

Kiano Vafaeian also participated in a documentary about MAID in 2023, broadcast on the CBC, Canada’s public broadcaster, which questioned whether MAID was too easy for Canadians to get approval for. Vafaeian told the interviewer that he had tried suicide before and claimed MAID was “more dignified.”

The case comes as the overall use of MAID in Canada continues to rise sharply and is now one of the country’s leading causes of death. Analysts cited by critics of the program estimate that, based on current trends, the cumulative number of Canadians who have died through assisted suicide since legalization could be approaching 100,000. Medics have also warned that demand for MAID assessments has surged, straining capacity and raising concerns about whether thorough evaluations can always be maintained.

Other ethical concerns have also emerged regarding MAID and the practice of organ harvesting. In one case, a 38-year-old Canadian with Lou Gehrig’s disease was euthanized, and his heart was subsequently transplanted to an American man with congestive heart failure. The Health Resources and Services Administration (HRSA)—a subagency of the Department of Health and Human Services (HHS)— has previously warned that some patients may not have been legally deceased before organ harvesting procedures begin.

Image by Zaldylmg.

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REPORT: MAGA-World Figures Aid Major Corporate Mergers, Avoiding Anti-Trust Scrutiny.

PULSE POINTS

❓WHAT HAPPENED: The merger of Compass and Anywhere Real Estate, valued at $1.6 billion, was approved without a detailed antitrust investigation.

👤WHO WAS INVOLVED: Compass, Anywhere Real Estate, the Justice Department, and lawyer Mike Davis.

📍WHEN & WHERE: The merger completes on January 9, 2026, in the United States.

🎯IMPACT: Compass will control nearly 20 percent of the U.S. home-sales volume, raising concerns over market share in major metropolitan areas.

IN FULL

A $1.6 billion merger between Compass and Anywhere Real Estate was approved by the Department of Justice (DOJ) without a full antitrust investigation, despite objections from enforcement staff, according to reports. Senior DOJ officials allegedly overruled internal calls for an in-depth review after Compass retained Trump-aligned attorney Mike Davis, who argued the company’s case directly to Deputy Attorney General Todd Blanche’s office. Those officials concluded that potential competition concerns could be addressed without launching a formal probe, allowing the deal to close far more quickly than initially expected.

The Justice Department’s antitrust division, led by Trump loyalist and populist figure Gail Slater, had pushed for a detailed examination of whether the merger would reduce competition in local real estate markets. That effort ultimately failed after intervention from higher-ranking officials. As The Wall Street Journal noted, “Davis previously assisted Hewlett Packard Enterprise to reach a $14 billion deal with the Justice Department that allowed it to acquire rival Juniper Networks but caused a fight within the department over his involvement.”

Davis is a well-known figure in Trump-world legal circles. A former Senate aide and founder of the Article III Project, he has been a vocal defender of Trump. He has also been described as a politically connected operator with close ties to Republican legal and lobbying networks.

The Compass-Anywhere merger creates one of the most powerful firms in the U.S. residential real estate market. Analysts estimate that Compass will oversee nearly 20 percent of total home sales volume nationwide, with a market share potentially exceeding 30 percent in major cities, including Chicago, New York, and San Francisco.

The deal has drawn renewed attention to the influence of lobbyists and former Trump administration officials now working in Washington’s corporate advocacy world. Several former Trump White House aides have moved into K Street lobbying roles, representing clients seeking favorable treatment from federal regulators. Other reporting has highlighted pressure campaigns by lobbyists and political allies aimed at persuading senior Justice Department officials to scale back or bypass aggressive antitrust enforcement.

A Justice Department spokesman said the approval does not prevent future action, noting that regulators may still pursue enforcement if anticompetitive effects emerge after the merger.

Image by Steve Fernie.

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MTG Was Referred to Secret Service After CCP-Linked Leftists Crashed Trump’s Dinner, Here’s Why:

PULSE POINTS

âť“WHAT HAPPENED: White House officials suspect former Representative Marjorie Taylor Greene (R-GA) tipped off far-left agitators who crashed President Donald J. Trump’s dinner at a D.C. restaurant about his plans, referring her to the United States Secret Service.

👤WHO WAS INVOLVED: President Trump, former Rep. Greene, Code Pink protesters, and White House staffers.

📍WHEN & WHERE: Last September, at Joe’s Seafood in Washington, D.C.

💬KEY QUOTE: “Anyone saying this is true is absolutely lying!!!” – Marjorie Taylor Greene

🎯IMPACT: The incident has intensified tensions between Trump and Greene, fueling existing intra-party disputes.

IN FULL

White House officials believe former Rep. Marjorie Taylor Greene (R-GA) may have alerted leftist activists linked to the Chinese Communist Party (CCP) about President Donald J. Trump’s dinner plans last September, after protesters confronted the President at a Washington, D.C., restaurant he was visiting. The incident took place at Joe’s Seafood, a restaurant Greene had personally recommended to Trump, and White House staffers referred her to the Secret Service following the incident.

During the meal, activists affiliated with Code Pink came close to the President and heckled him, shouting, “Free DC.! Free Palestine! Trump is the Hitler of our time!” Aides later described the scene as embarrassing and deeply troubling from a security standpoint.

Greene allegedly contacted White House staff repeatedly on the day of the dinner to confirm Trump’s plans, and Trump himself is said to have called Greene shortly before leaving the White House to confirm he was going to Joe’s Seafood. Although Greene was known to frequent the restaurant, she did not attend the dinner, something aides found unusual.

Greene and Code Pink co-founder Medea Benjamin share opposition to U.S. military aid to Ukraine and Israel. Benjamin has publicly praised Greene in the past for opposing Trump’s striking of Iranian nuclear sites, and she met the former Georgia lawmaker along with other Code Pink activists shortly before she left Congress.

Greene has forcefully denied the accusations, insisting that she did not know Trump’s exact dinner plans. “Code Pink was in the restaurant because the WH and Secret Service did NOT sweep Joe’s, did NOT set up metal detectors and check everyone in the restaurant, and did not do any of their normal security protocols that they do at every public event he attends!!! Only the WH set up President Trump’s reservation at Joe’s, NOT ME!! I had ZERO knowledge of when his reservation was!” she wrote in a long X (formerly Twitter) post, characterizing claims that she leaked the dinner plans as “a dangerous false accusation against me that is 100% false… Anyone saying this is true is absolutely lying!!!”

Greene also denied having Medea Benjamin’s telephone number, insisting, “[I] do not have any contact with her. She used to stop by my office as she stops by every office on Capitol hill.”

The incident has further strained the relationship between Trump and Greene, who was once one of his allies in Congress. In November, Trump commented on their falling out, saying, “Yeah, so I don’t know what happened to Marjorie. She’s a nice woman, but I don’t know what happened. She’s lost her way, I think.”

Greene has also drawn attention for threatening to expose what she called “all Congress’s dirty laundry.” More recently, she criticized Trump after he referred to her as a “traitor,” claiming that such language put her personal safety at risk.

Image by Gage Skidmore.

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Border Patrol Shoots Alleged Tren de Aragua Associates Who ‘Weaponized Their Vehicle.’

PULSE POINTS

❓WHAT HAPPENED: Two illegal immigrants were shot in Portland, Oregon, during an incident involving Border Patrol agents.

👤WHO WAS INVOLVED: The driver, Luis David Nico Moncada, and passenger, Yorlenys Betzabeth Zambrano-Contreras, were identified as suspected associates of the Tren de Aragua gang.

📍WHEN & WHERE: The shooting took place in Portland, Oregon, on Thursday afternoon, around 2:15 PM local time.

đź’¬KEY QUOTE: “The driver weaponized their vehicle against Border Patrol in Portland, prompting the CBP agent to take immediate action to defend himself and others.” – Department of Homeland Security

🎯IMPACT: Both migrants were hospitalized; the incident has drawn attention to the dangers presented to federal law enforcement by vehicular attacks.

IN FULL

The Department of Homeland Security (DHS) has announced on X that two illegal immigrants were shot in Portland, Oregon, on Thursday. The migrants are suspected associates of the notorious transnational Tren de Aragua gang. The Federal Bureau of Investigation (FBI) is investigating the incident, which took place around 2:15 PM local time and involved Border Patrol agents.

“Yesterday, two suspected Tren de Aragua gang associates—let loose on American streets by Joe Biden—weaponized their vehicle against Border Patrol in Portland. The agent took immediate action to defend himself and others, shooting them,” DHS announced.

According to DHS, the suspects were identified as driver Luis David Nico Moncada and passenger Yorlenys Betzabeth Zambrano-Contreras. DHS described both as “criminal illegal alien[s] from Venezuela”, with Moncada having entered the U.S. illegally in 2022 and Contreras in 2023. The agency highlighted Moncada’s prior arrests for DUI and unauthorized use of a vehicle, while noting “Contreras played an active role in a Tren de Aragua prostitution ring and was involved with a prior shooting in Portland.”

The incident follows on the heels of the shooting of Renee Good in Minneapolis. Good and her same-sex partner had been obstructing and taunting U.S. Immigration and Customs Enforcement (ICE) officers in the Minnesota city, with Good driving at and striking one officer in an attempted getaway as they sought to detain her, causing her to be shot. The officer involved was previously dragged and injured by a car driven by a migrant pedophile attempting to evade arrest.

There has been a 1,300 percent increase in vehicular attacks against ICE since 2024, driven in part by senior Democrats such as Minnesota Governor Tim Walz inflaming migrants and far-left agitators by comparing the federal law enforcement agency to Adolf Hitler’s “Gestapo.”

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Trump Treasury Unleashes Financial Crimes Division on Minnesota.

PULSE POINTS

âť“WHAT HAPPENED: U.S. Treasury Secretary Scott Bessent announced on Friday that he has ordered the department’s Financial Crimes Enforcement Network (FinCEN) to begin a geographic targeting operation for the Minneapolis-St. Paul area, applying extra scrutiny to all businesses engaging in overseas money transfers.

👤WHO WAS INVOLVED: Treasury Secretary Scott Bessent, FinCEN officials, the Internal Revenue Service (IRS), Minnesota’s Somali immigrant community, and Governor Tim Walz (D).

📍WHEN & WHERE: The announcement was made on Friday, January 9, 2026.

đź’¬KEY QUOTE: “This will put a microscope on these businesses, advance prosecutions, and assist in the recovery of funds laundered internationally.” — Scott Bessent

🎯IMPACT: The Treasury Department order will require wire transfer businesses and banks to submit additional information to FinCEN on money transfers before the transactions will be allowed to process.

IN FULL

U.S. Treasury Secretary Scott Bessent announced on Friday that he has ordered the department’s Financial Crimes Enforcement Network (FinCEN) to begin a geographic targeting operation for the Minneapolis-St. Paul area, applying extra scrutiny to all businesses engaging in overseas money transfers. The order will require wire transfer businesses and banks to submit additional information to FinCEN on money transfers before the transactions will be allowed to process.

“This will put a microscope on these businesses, advance prosecutions and assist in the recovery of funds laundered internationally,” Sec. Bessent said at a press conference announcing the new financial monitoring measures on Friday. He added, “Under Democratic Governor Tim Walz, welfare fraud has spiraled out of control. Billions of dollars intended for feeding hungry children, housing disabled seniors, and providing services for children in need were diverted to benefit Somali fraud rings.”


According to the Treasury Department, the geographic targeting order will “require banks and money transmitters located in Hennepin and Ramsey Counties, which include Minneapolis and St. Paul, to report additional information about funds transferred outside of the United States. These businesses will be required to file reports with FinCEN above certain transactions of $3,000 or more where the beneficiary is located outside of the United States.”

The Treasury Department contends the order will provide federal law enforcement with greater insight into the individuals overseas receiving money transfers, and help “advance prosecutions and assist in the recovery of funds laundered internationally.” As part of the operation, the department has notified four money transfer businesses that they are under investigation for suspicious financial activity.

In addition to the FinCEN geographic targeting order, Sec. Bessent announced that the Internal Revenue Service (IRS) will soon launch a task force charged with investigating instances of COVID-19 pandemic relief fraud and violations of 501(c)(3) tax-exempt status by nonprofits tied to the numerous Somali community-linked social services fraud schemes.

Bessent added that FinCEN is already on the ground in Minnesota and will also provide training to federal, state, and local law enforcement on how to utilize Treasury Department tools, such as Suspicious Activity Reports, to combat fraud. “We will not let the incompetence and recalcitrance of Governor Walz stop law enforcement from holding these perpetrators accountable,” Bessent said.

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DHS Surges 100 Additional CBP Agents Into Minnesota.

PULSE POINTS

❓WHAT HAPPENED: The Department of Homeland Security (DHS) is deploying 100 additional U.S. Customs and Border Protection (CBP) agents to Minnesota for the weekend.

👤WHO WAS INVOLVED: DHS, CBP agents, U.S. Immigration and Customs Enforcement (ICE) agents, and Renee Nicole Good, an anti-ICE activist fatally shot after attempting to run over federal agents.

📍WHEN & WHERE: Minnesota over the coming weekend, with agents traveling from Chicago and New Orleans.

🎯IMPACT: DHS is pausing operations in Chicago to support the Minnesota deployment amid increasing tensions and violent anti-ICE protests.

IN FULL

The Department of Homeland Security (DHS) is ordering the deployment of at least 100 more U.S. Customs and Border Protection (CBP) agents to Minnesota for the coming weekend. According to the DHS orders, the additional agents deployed to Minnesota will be primarily drawn from Chicago and New Orleans. Additionally, DHS plans to temporarily pause operations in Chicago to support this effort.

Notably, the ramp-up in CBP personnel comes after a U.S. Immigration and Customs Enforcement (ICE) agent fatally shot anti-ICE activist Renee Nicole Good on Wednesday when she attempted to use her vehicle to run over the officer. The deployment, according to DHS documents, will last through the weekend. On Sunday, the agents will return to their respective cities of operation.

DHS officials, including ICE and CBP agents, have been operating in Minnesota for weeks as part of a major immigration enforcement operation and investigation into widespread social services fraud allegations tied to the state’s Somali immigrant community. Federal prosecutors have estimated that upwards of $9 billion in taxpayer dollars may have been stolen through several criminal schemes.

Far-left activists violently assaulted federal immigration officers in Minneapolis on Thursday. The violent demonstration took place outside the Whipple Building in Minneapolis, where hundreds gathered to protest the Trump administration’s immigration enforcement operations and Good’s shooting. In another incident, an anti-ICE agitator in Minneapolis, Minnesota, was caught on video obstructing and attacking Border Patrol commander Gregory Bovino before being detained by federal agents.

The National Pulse reported late Thursday that Governor Tim Walz (D-MN) called up the state’s National Guard troops to assist local law enforcement as clashes between violent leftists and federal law enforcement continued into the evening.

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Venezuela Following Instructions to Release Political Prisoners, Trump Confirms.

PULSE POINTS

âť“WHAT HAPPENED: Venezuela released a number of imprisoned opposition figures, activists, and journalists as a gesture to “seek peace.”

👤WHO WAS INVOLVED: Acting President Delcy Rodríguez, U.S. President Donald J. Trump, opposition leaders, and human rights activists.

📍WHEN & WHERE: Thursday, in Guatire, Venezuela, and other locations across the country.

đź’¬KEY QUOTE: “They’ve been great… Everything we’ve wanted, they’ve given us.” — President Trump

🎯IMPACT: The move was seen as a potential step toward dialogue and transition toward a free and open democracy in Venezuela.

IN FULL

The interim Venezuelan government released a number of high-profile opposition leaders, activists, and journalists from its prisons on Thursday. Venezuelan officials are characterizing the move as a gesture to “seek peace,” after the country’s former Marxist dictator, Nicolás Maduro, was captured earlier this month by U.S. forces and now faces narco-terrorism charges in New York.

Late Thursday, President Donald J. Trump revealed that the prisoner release came at the urging of the United States. “They’ve been great… Everything we’ve wanted, they’ve given us,” Trump said regarding Venezuela’s interim government led by acting President Delcy RodrĂ­guez. Notably, Jorge RodrĂ­guez, the brother of the acting president, stated that a “significant number” of people would be freed, though the exact number remained unclear as of Friday.

Among the prisoners whose release has been confirmed are Biagio Pilieri, an opposition leader linked to Nobel Peace Prize winner MarĂ­a Corina Machado’s 2024 presidential campaign, and Enrique Márquez, a former electoral authority and candidate in the 2024 election. Videos posted on social media showed emotional reunions, with relatives chanting “Libertad!” outside prisons.

In addition, the Spanish government confirmed the release of five of its citizens, including dual national and human rights activist Rocío San Miguel. Spanish Foreign Minister José Manuel Albares identified others released as Andrés Martínez, José María Basoa, Ernesto Gorbe, and Miguel Moreno. Some had been detained on accusations of espionage or visa violations.

President Trump affirmed his administration’s commitment to maintaining a role in Venezuela’s future, including its oil resources, and hinted at a possible meeting with opposition leader MarĂ­a Corina Machado next week.

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U.S. Ready to Start Hitting Mexican Cartels on Land: Trump.

PULSE POINTS

❓WHAT HAPPENED: President Donald J. Trump suggested the U.S. military could begin land strikes on drug cartels in Mexico.

👤WHO WAS INVOLVED: President Trump, Mexican President Claudia Sheinbaum, and Fox News host Sean Hannity.

📍WHEN & WHERE: Comments aired on January 8, 2026, during an interview with Sean Hannity.

đź’¬KEY QUOTE: “We’ve knocked out 97 percent of the drugs coming in by water. And we are going to start now hitting land, with regard to the cartels.” – Donald Trump

🎯IMPACT: The remarks signal a potential escalation in U.S. military operations targeting drug cartels in Mexico.

IN FULL

During an interview with Fox News host Sean Hannity late Thursday, President Donald J. Trump stated that the military could begin land strikes on drug cartels in Mexico. “We’ve knocked out 97 percent of the drugs coming in by water. And we are going to start now hitting land, with regard to the cartels,” Trump shared during the segment.

“The cartels are running Mexico, it’s very sad to watch and see what’s happened to that country,” President Trump remarked, expressing concern that the cartel influence over Mexican government institutions poses a potential threat to the United States. The National Pulse reported last December that Mexico’s Sinaloa Cartel is using teenagers to carry out targeted assassinations in the United States.

Meanwhile, in October, the Department of Homeland Security (DHS) revealed it had received credible intelligence that Mexican drug cartels were offering bounties to and communicating with left-wing, criminal U.S. domestic extremists to target and attack U.S. Immigration and Customs Enforcement (ICE) and U.S. Customs and Border Protection (CBP) officers in Chicago, Illinois.

The comments come shortly after U.S. forces conducted a high-profile strike in Venezuela, capturing the nation’s Marxist dictator, Nicolás Maduro, and his wife, Celia Flores. Additionally, the Trump administration has issued warnings of potential military actions in other countries involved in narcotics trafficking, including Cuba and Colombia, over the past week.

Mexican President Claudia Sheinbaum has not yet issued a public response to Trump’s remarks.

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Trump, Oil CEOs Meet to Discuss Return to Venezuela.

PULSE POINTS

❓WHAT HAPPENED: President Donald J. Trump is meeting with Big Oil executives to discuss a potential return to Venezuela for U.S. energy companies.

👤WHO WAS INVOLVED: President Trump, Energy Secretary Chris Wright, American Petroleum Institute CEO Mike Summers, and top oil executives.

📍WHEN & WHERE: The meeting is scheduled for Friday at the White House.

đź’¬KEY QUOTE: “There are gonna be parameters that have to be put in place before there’s a significant investment in Venezuela.” – Mike Summers

🎯IMPACT: The oil industry’s return to Venezuela will likely depend on political stability, financial guarantees, and the repeal of sanctions.

IN FULL

President Donald J. Trump is scheduled to host a meeting with senior executives from major U.S. oil companies on Friday at the White House. The gathering is aimed at encouraging American energy firms to invest in and help revive Venezuela‘s oil sector, following the recent U.S. military action that led to the capture of Marxist dictator Nicolás Maduro.

Venezuela possesses some of the world’s largest proven oil reserves; however, its energy industry has suffered significantly from prolonged economic mismanagement, political instability, and infrastructure decay under previous socialist governance. Oil industry leaders remain cautious about pouring billions into repairs and expansion. Mike Summers, CEO of the American Petroleum Institute, stated, “There are gonna be parameters that have to be put in place before there’s a significant investment in Venezuela.” Key worries include unreliable rule of law, potential security threats, and an unpredictable political landscape.

Energy Secretary Chris Wright has recognized these obstacles, saying, “To make the very big, long-term investments, we’ve got to get the government in a better place where they’ve got secure rule of law, national security, and that’s a process.” Executives have sought more concrete assurances from the administration regarding safety and long-term stability, but responses so far have fallen short.

The Trump administration has indicated it may ease certain sanctions to make it easier for U.S. firms to re-engage in Venezuela. Still, the country’s existing regulations—such as steep taxes, mandatory joint ventures with the state, and other restrictive terms—pose major barriers. “Venezuela has a very unfavorable fiscal regime—why would you go to a place like that?” said Luisa Palacios, the former Citgo chairwoman.

Industry observers note that, provided conditions improve significantly, Venezuela’s enormous reserves could draw substantial attention and capital from U.S. companies. Critical elements for success would include favorable fiscal arrangements, protective financial mechanisms, and sustained political security. “Fiscal terms, backstops and guarantees will all matter very much,” said Dan Pickering of Pickering Energy Partners.

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