Bloomberg Talks

Senator Jeanne Shaheen Talks Greenland

Jan 7, 2026
Jeanne Shaheen, a Democratic U.S. Senator from New Hampshire and expert in foreign policy, delves into pressing global issues. She discusses the complexities of U.S.-Venezuelan oil policies, highlighting risks and uncertainties surrounding potential embargoes. Shaheen also critiques the absurd notion of the U.S. purchasing Greenland, emphasizing the importance of partnerships with Denmark. Additionally, she advocates for urgent action on ACA premium tax credits, reflecting on the rising costs impacting constituents.
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INSIGHT

Costs And Risks Of Controlling Venezuelan Oil

  • Jeanne Shaheen warns controlling Venezuelan oil via an embargo requires prolonged naval presence and costly interdiction of a "shadow fleet."
  • She says this strategy increases risk to U.S. service members and diverts focus from domestic issues like health care affordability.
INSIGHT

Unclear Plans For Oil Revenue Oversight

  • Shaheen notes there are no clear specifics yet on monitoring revenue from Venezuelan oil sales even if flow is controlled.
  • She emphasizes that sustained control demands significant money and long-term military deployment offshore.
INSIGHT

Buying Greenland Is Unnecessary And Dangerous

  • Shaheen calls the idea of the U.S. buying or occupying Greenland "crazy" and unnecessary.
  • She stresses Denmark is a strong ally and willing to partner without U.S. takeover, and alarming allies undermines NATO.
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