President Donald J. Trump is Cutting Off the Financial Resources of Maduro and His Cronies

Home

President Donald J. Trump is Cutting Off the Financial Resources of Maduro and His Cronies

Published: Sunday, August 11th, 2019 @ 1:47 pm
By: Stan Deatherage ( More Entries )

Press Release:

"The people of Venezuela are standing for freedom and democracy, and the United States of America is standing right by their side."

— President Donald J. Trump

ISOLATING MADURO AND HIS CRONIES: President Donald J. Trump is taking action to isolate the illegitimate Maduro regime from the global financial system.

The President signed an executive order imposing new sanctions on the Maduro regime, blocking all property of the Venezuelan Government in the jurisdiction of the United States.
President Trump is directly targeting those who enable the illegitimate Maduro regime and undermine the National Assembly of Venezuela and Interim President Juan Guaido.
- The President granted the Secretary of the Treasury the authority to block all property of individuals who provide material support to the Maduro regime.
This executive order further isolates Maduro's illegitimate regime from the global financial system and the international community.

CUTTING OFF THE REGIME'S FINANCIAL LIFELINE: President Trump will continue to cut off the financial resources of Maduro and his cronies and enablers.

President Trump has used economic tools to increase pressure on the illegitimate and corrupt Maduro regime and those who support his egregious abuses.
The Trump Administration has issued 30 rounds of sanctions targeting approximately 200 individuals and entities.
- Sanctions have targeted corruption networks that steal from the Venezuelan people.
- The United States has sanctioned key sectors of the Venezuelan economy exploited by the regime, including the oil and gold sectors.
- President Trump has sanctioned Maduro's financial lifelines, including the Venezuelan Central Bank, the Venezuelan Development Bank, and Petroleos de Venezuela.
- We have targeted Venezuela's military and intelligence sector, which has committed horrible abuses against the Venezuelan people.
The United States has also revoked more than 700 visas, including those held by more than 100 former regime diplomatic personnel, since January 2019.
The President's sanctions demonstrate a firm commitment to ensuring the democratic transition in Venezuela that its people deserve.

STANDING WITH THE PEOPLE OF VENEZUELA: President Trump stands with the Venezuelan people as they continue to fight for freedom, human rights, democracy, and the rule of law.

The President maintains strong support for the Interim Venezuelan President Guaido and the democratically elected National Assembly.
This action is not against the Venezuelan people, but against Maduro and his ongoing human rights abuses.
- Maduro continues to rob the Venezuelan people of their resources while the people face a horrifying humanitarian crisis.
The United States has taken careful measures to help provide the Venezuelan people with access to humanitarian aid, including food and medicine.

You can visit a collection of all White House posts by clicking here.

Contact: White House
Press Office

Go Back

Login to Leave a Comment

Text of a Letter from the President to the Speaker of the House of Representatives and the President of the Senate

News Services, Government, State and Federal

Trump’s Middle East Plan Undermines the Palestinian Authority’s Stranglehold on Palestinians’ Future

Latest State and Federal

What Happens When A Naturalized Citizen Commits Terror In America?

Following a string of attacks, critics are calling for denaturalizations. It's not that simple.

Published: Wednesday, April 29th, 2026 @ 1:55 pm By: Daily Wire

No Amnesty, No Surrender: Why The DIGNIDAD Act Must Die

The solution is not to legalize the problem; it is to enforce the law consistently and deter future illegal immigration.

Published: Wednesday, April 29th, 2026 @ 8:34 am By: Daily Wire

Major Teachers Union Plans Trump Walkout While Their Own Students Can Barely Read

The teachers union is pushing to cancel school on May 1 as Chicago public schools continue to report dismal student proficiency rates.

Published: Monday, April 27th, 2026 @ 7:52 pm By: Daily Wire

‘Andre the Giant’ marker puts smalltown Ellerbe into spotlight

With a new roadside plaque unveiled in Ellerbe on April 23, legendary wrestler and local resident André René Roussimoff is finally getting the formal recognition fans believe he deserves.

Published: Monday, April 27th, 2026 @ 7:40 pm By: Carolina Journal

Hollywood Still Blacklists Conservatives — Now They Don’t Even Hide It

Cheryl Hines. Dennis Quaid. Nicki Minaj. All became associated with the Trump administration. What happened next?

Published: Friday, April 24th, 2026 @ 7:18 am By: Daily Wire

KNOWLES: Do Right-Wing Podcasters Want To Lose The Midterms?

Two years ago, new media brought President Trump back to the White House. What happened?

Published: Thursday, April 23rd, 2026 @ 8:39 pm By: Daily Wire

Victims, advocates gather in Raleigh for Crime Victims’ Rights Week

Victims’ advocates, prosecutors, law enforcement officials, and families impacted by violent crime gathered Tuesday at the North Carolina State Archives building in Raleigh to recognize National Crime Victims’ Rights Week and honor those affected by crime across North Carolina.