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Center for American Progress

InProgress

from the Center for American Progress

Trump’s Venezuela Invasion Is All About Enriching Big Oil

A child walks along the beach at dusk on the outskirts of El Palito refinery in Puerto Cabello, Venezuela, on December 18, 2025.

Photo: Getty Images

For months, President Donald Trump has claimed that the escalating aggressions in the Western Hemisphere were about fighting drug trafficking. But the evidence points to a much more familiar motive: serving the interests of Big Oil donors.

Trump reportedly tipped off oil companies about the attack on Venezuela and the abduction of Venezuelan President Nicolás Maduro, even before notifying Congress. He has since threatened further military action if the United States does not gain the oil access he wants. At a time when tens of millions of Americans are struggling with skyrocketing health care costs, the administration’s priorities are clearly elsewhere.

This escalation also carries dangerous global consequences. Already, Trump has raised the specter of similar interventions in Colombia, Cuba, and Greenland. Further, an illegal military operation to seize resources gives countries like China and Russia a green light to attack their neighbors for similar reasons. Rather than strengthening global stability, Trump’s approach risks pushing rogue nations closer together and making the world more dangerous.

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The invasion in Venezuela shows Trump is willing to use the U.S. military to enrich his friends and allies. Trump promised to keep the United States out of new wars. Instead, he is reviving a failed playbook of military interventionism, one that historically leads to long-term instability and high costs to the American taxpayer.

Polling makes clear this is not what Americans want. They want lower costs, real security, and foreign policy that serves the public interest, not billionaires and oil companies.

STAY INFORMED

Home Economics: Lowering Housing Costs for All

Construction workers build new residential housing in Fontana, California, on September 17, 2025. (Getty/Mario Tama)

Photo: Getty Images

Home Economics: Lowering Housing Costs for All
American life is unaffordable for too many people, and the basics are increasingly out of reach. Take housing: Home prices have risen nearly 55 percent since 2020, while rents are up more than 30 percent nationwide, straining family budgets and putting the dream of homeownership further out of reach for millions of Americans. That’s because the nation has a housing gap of millions of homes; the United States is not building enough to meet demand.

Please join the Center for American Progress on January 15, 2026, at 9:00 a.m. ET for a policy summit featuring Senate Democratic Leader Chuck Schumer (NY) on the housing shortage and Senate Democrats’ plans to lower housing costs as part of a larger agenda to make life more affordable for every American. The event will also include a panel of experts to discuss new ideas for tackling the country’s housing challenges. Some of these solutions, informed by CAP’s new housing agenda, would make housing more affordable by providing rental relief, eliminating barriers to building more affordable homes, and protecting consumers from abusive practices in the housing industry.

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Follow the Money

Trump’s invasion in Venezuela is part of a broader pattern of abuse of power as he continues to cash in on the presidency.

As Trump’s second term nears its one-year mark, he and his family have already pocketed more than $1.8 billion in profits since January 2025. These gains are not incidental; they are the result of Trump holding public office, and we are tracking how that power is being used for personal gain.

Trump’s Take, our live tracker, documents the financial benefits flowing to Donald Trump and his family while he holds public office. The tracker exposes a growing network of payments, gifts, business opportunities, and preferential arrangements that have emerged since his return to power—including three new cryptocurrency ventures created just before and immediately after his reelection.

Cash and gift received by Trump and his family over the past 428 days. $1,832,654753 (This number reflects the latest data as of 01/07/2026.)
EXPLORE THE TRACKER

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Moments like this demand clear-eyed analysis and real accountability. At the Center for American Progress, we’re exposing corruption, challenging abuses of power, and advancing solutions that put people—not billionaires—first.

Your support makes this work possible. Stand with us as we continue to track this administration’s actions and fight for a more just, secure, and democratic future.

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