Chevron and Private Investment

The United States’ decision to seize Nicolás Maduro and bring him to New York marks one of the most dramatic assertions of American power in the Western Hemisphere in decades. In this episode, I focused on what actually happened, why it happened now, and what it signals about how the Trump administration views regime change, legality, and leverage.

The facts, as we know them, are stark. In a rapid operation lasting roughly two and a half hours, U.S. forces assisted federal authorities in arresting Maduro and removing him from Caracas. He now faces sweeping federal charges, including narco-terrorism conspiracy and large-scale cocaine trafficking tied to terrorist organizations and major cartels. The indictment is notable not just for its scope, but for what it omits. There is no fentanyl count. This reinforces what many analysts suspected: the recent pressure campaign against Venezuela, including interdictions at sea, was less about opioids and more about systematically strangling Maduro’s remaining sources of revenue until something broke.

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What broke appears to be internal loyalty. It is difficult to believe a head of state with military protection is removed this quickly without acquiescence from inside the regime. That reality shapes everything that comes next. Rather than immediately installing an opposition leader, the administration has left much of the existing government in place while asserting overwhelming control over money flows, shipping, and oil exports. Secretary of State Marco Rubio has been careful to say the United States is not “running” Venezuela, while also making clear that the people still in charge have no meaningful freedom to act. This is not Iraq or Afghanistan. It more closely resembles Panama and the Noriega arrest: criminal charges paired with brute leverage, not nation building through occupation.

The unanswered question is whether this produces reform or simply swaps one strongman arrangement for another. Venezuela remains a petrostate with enormous reserves, crumbling infrastructure, and a population exhausted by corruption and repression. Removing Maduro may be morally satisfying and strategically defensible, but history offers little comfort about what follows. This is a high-risk bet that coercion can force democratic outcomes without igniting prolonged instability. Whether that gamble pays off, or whether it opens the door to a different kind of failure, is the story that now begins.

Chapters

00:00:00 - Intro

00:04:16 - Maduro’s Arrest

00:11:51 - Marco Rubio

00:54:28 - Everyone Else

01:10:08 - Wrap-up

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