President Donald Trump holds a press conference as Secretary of Defense Pete Hegseth looks on from Mar-a-Lago in Palm Beach, Florida, on Saturday. Jonathan Ernst/ReutersPresident Donald Trump said Saturday that the US is “going to run” Venezuela indefinitely in the aftermath of the capture of Venezuelan President Nicolás Maduro. But he offered no timeline for how long such a transition of power was expected to take. “We’re going to stay until such time as the proper transition can take place,” he said. Trump also said he planned to authorize US oil companies to take over Venezuela’s energy infrastructure, asserting that the corporations would “spend billions of dollars” on the project.

Source: CNN January 03, 2026 11:35 UTC