- Senator Elizabeth Warren, along with other Democratic senators, is scrutinizing the involvement of major U.S. banks in oil deals conducted by the Trump administration with Venezuela.
- The investigation is focused on the financial support these banks provided for the planned sale of 50 million barrels of Venezuelan oil.
- Warren and her colleagues are concerned about the banks’ role in facilitating transactions that might be seen as contrary to U.S. foreign policy objectives.
- The scrutiny comes amid broader criticism of the Trump administration’s approach to Venezuela and its ties to the country’s oil resources.
- Senators are questioning the alignment of bank activities with regulatory frameworks and ethical standards regarding international dealings.
- This effort highlights ongoing tensions between Democratic policymakers and both financial institutions and former Trump administration policies.
Source: https://www.foxnews.com/politics/warren-targets-major-banks-over-trump-administrations-venezuela-oil-sales)
