Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Trump's bet on regime change in Venezuela is a sharp departure from MAGA agenda
    Headlines
    Trump's bet on regime change in Venezuela is a sharp departure from MAGA agenda

    Published by Global Banking and Finance Review

    Posted on January 4, 2026

    Featured image for article about Headlines
    Tags:Presidentforeign currencyfinancial crisisinternational financial institutioninvestment portfolios

    By Gram Slattery and Simon Lewis

    PALM BEACH, Florida/WASHINGTON, Jan 3 (Reuters) - President Donald Trump’s decision to attack Venezuela, arrest its president and temporarily run the country marks a striking departure for a politician who long criticized others for overreaching on foreign affairs and vowed to avoid foreign entanglements.

    His vision for U.S. involvement in Venezuela, sketched out in a midday news conference, left open the possibility of more military action, ongoing involvement in that nation’s politics and oil industry and “boots on the ground.” The term suggests military deployment of the sort that presidents often avoid for fear of provoking domestic political backlash.

     "We are going to run the country until such time as we can do a safe, proper, and judicious transition,” Trump said.

    He gave little sense of how far he was willing to go to gain control of Venezuela, where Maduro's top aides appeared to be still in power.

    'THE WARS WE NEVER GET INTO'

    As recently as his inauguration for a second term last January, Trump told supporters: "We will measure our success not only by the battles we win, but also by the wars that we end, and perhaps most importantly, by the wars we never get into." 

    Since then, Trump has bombed targets in Syria, Iraq, Iran, Nigeria, Yemen and Somalia, blown up dozens of alleged drug boats in the Caribbean Sea and Pacific Ocean and made veiled threats to invade Greenland and Panama.

    The overnight attack on Venezuela was his most aggressive foreign military action yet, striking the capital Caracas and other parts of the country and capturing President Nicolas Maduro and his wife to face drug-trafficking charges in New York.

    These developments ran counter to some Republican hopes that the president would focus more on voters' domestic concerns – affordability, health care and the economy. 

    Trump told the news conference that intervening in Venezuela was in line with his “America First” policy.

     “We want to surround ourselves with good neighbors. We want to surround ourself with stability. We want to surround ourself with energy,” he said, referring to Venezuela’s oil reserves.

    But the emerging political stakes were captured by a social media post from U.S. Representative Marjorie Taylor Greene, a Georgia Republican, who has broken with Trump because of what she said has been his departure from the America First rhetoric of limiting foreign adventures. She is resigning from Congress next week.

    “This is what many in MAGA thought they voted to end. Boy were we wrong.”

    RISK OF QUAGMIRE

    Trump’s ongoing attention to foreign affairs provides fuel for Democrats to criticize Trump ahead of midterm congressional elections in November, when control of both houses of Congress is likely to turn on just a few races across the United States. Republicans narrowly control both right now, giving the president a largely free hand to enact his agenda.

    "Let me be clear, Maduro is an illegitimate dictator, but launching military action without congressional authorization, without a federal plan for what comes next, is reckless," Senate Minority Leader Chuck Schumer said in a call with reporters.

     Trump has worked to end several foreign conflicts, including in Ukraine and Gaza, while lobbying for a Nobel Peace Prize. But U.S. military actions tend to draw more public attention and historically have carried more political risk for presidents and their parties.

    Polls have shown that, before the attack, the prospect of U.S. military action in Venezuela was unpopular, with roughly one out of five Americans supporting force to depose Maduro, according to a November Reuters/Ipsos survey.

    REPUBLICAN DEBATE OVER FOREIGN POLICY

    Trump’s top diplomat and national security adviser Marco Rubio called several members of Congress early on Saturday in an effort to blunt opposition to military action. 

    Mike Lee, a prominent libertarian-leaning senator, initially questioned the administration taking military action without a declaration of war or authorization for the use of military force, but wrote on X he concluded that the operation likely fell within the president's authority after speaking to Rubio.

    Republican Representative Thomas Massie, a frequent Trump critic, wrote in a post on X that Trump’s warning of further strikes on Venezuela “Doesn’t seem the least bit consistent” with Rubio’s characterization to Lee. “If this action were constitutionally sound, the Attorney General wouldn’t be tweeting that they’ve arrested the President of a sovereign country and his wife for possessing guns in violation of a 1934 U.S. firearm law,” Massie wrote in a separate post.

    U.S. ‘WILL GET TANGLED UP’

    For a president who has consistently contrasted himself with the Republican "neoconservatives" of the late 20th century, Trump’s foreign policy has developed striking similarities with that of his predecessors.

     In 1983, under former President Ronald Reagan, the U.S. invaded Grenada, claiming that the government at that time was illegitimate, a claim Trump has also made with respect to Maduro.

    In 1989, former President George H.W. Bush invaded Panama to depose dictator Manuel Noriega who, like Maduro, was wanted on U.S. drug-trafficking charges. In that case, the U.S. installed Noriega’s replacement.

    Elliott Abrams, who served as Venezuela envoy in Trump's first term, said he did not believe the president was running a political risk at home in ousting Maduro and that he “has a lot of latitude as long as American troops are not dying." But he acknowledged: “I don’t know what running Venezuela means.”

    "He's done the right thing in removing Maduro," said Abrams, a senior fellow at the Council on Foreign Relations think-tank. "The question is whether he will do the right thing in supporting democracy in Venezuela."

    Brett Bruen, a former foreign policy adviser in Barack Obama's administration, said the U.S. could now be sucked into overseeing a complex transition process.  

    “I don’t see any short version of this story,” said Bruen, now head of the Global Situation Room, an international affairs consultancy. “The U.S. will get tangled up in Venezuela but will also have new problems to contend with related to its neighbors.”

    (Reporting by Gram Slattery in Palm Beach, Florida, and by Simon Lewis in Washington; additional reporting by Matt Spetalnick and Patricia Zengerle; Editing by Craig Timberg and Suzanne Goldenberg)

    Frequently Asked Questions about Trump's bet on regime change in Venezuela is a sharp departure from MAGA agenda
    1What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops rapidly, leading to a loss of confidence and potentially resulting in economic downturns.

    2What is foreign currency?

    Foreign currency refers to the money used in a country other than one's own, which can be exchanged for domestic currency in international transactions.

    3What is an international financial institution?

    An international financial institution is an organization that provides financial support and advice for economic development projects in countries, such as the World Bank or the International Monetary Fund.

    4What are investment portfolios?

    Investment portfolios are collections of financial assets such as stocks, bonds, and cash equivalents, managed to achieve specific investment goals.

    5What is a president in the context of finance?

    In finance, a president typically refers to the chief executive officer of a financial institution or organization, responsible for overseeing operations and strategic direction.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostTrump says second Venezuela strike possible if government does not cooperate
    Next Headlines PostOne killed, two injured in Ukraine's drone attack in Russia's border region
    More from Headlines

    Explore more articles in the Headlines category

    Germany plans measures to combat harmful AI image manipulation
    Germany plans measures to combat harmful AI image manipulation
    China's Zeekr brand to enter more European markets, considering hybrid models, executive says
    China's Zeekr brand to enter more European markets, considering hybrid models, executive says
    Factbox-Elon Musk's Grok faces global scrutiny for sexualised AI photos
    Factbox-Elon Musk's Grok faces global scrutiny for sexualised AI photos
    Six on trial in UK charged with membership of banned PKK
    Six on trial in UK charged with membership of banned PKK
    Factbox-What's in the EU-Mercosur trade deal and why is it contentious?
    Factbox-What's in the EU-Mercosur trade deal and why is it contentious?
    Polestar's EV sales jump as 'All about Europe' strategy pays off
    Polestar's EV sales jump as 'All about Europe' strategy pays off
    Asylum applications drop to 40 year low in Sweden, government says
    Asylum applications drop to 40 year low in Sweden, government says
    Hamburg trial tests German law after US child’s suicide linked to murder charge
    Hamburg trial tests German law after US child’s suicide linked to murder charge
    Musk's AI bot Grok limits image generation on X to paid users after backlash
    Musk's AI bot Grok limits image generation on X to paid users after backlash
    Meloni urges Europe to talk to Russia, sees no swift return to G8
    Meloni urges Europe to talk to Russia, sees no swift return to G8
    Euro zone economy caps resilient 2025 with retail and industry boosts
    Euro zone economy caps resilient 2025 with retail and industry boosts
    EU considers making WhatsApp more responsible for tackling harmful content, spokesperson says
    EU considers making WhatsApp more responsible for tackling harmful content, spokesperson says
    View All Headlines Posts