WASHINGTON, Jan. 13 -- Sen. Jeff Merkley issued the following press release:
Today, Rep. Mike Levin (CA-49) introduced the Protecting Taxpayers from Risky Investments in Venezuela Act to prevent American taxpayer dollars from being used to rebuild Venezuela's oil infrastructure without Congressional approval. Oregon Sen. Jeff Merkley introduced the Senate companion of this bill (https://www.merkley.senate.gov/wp-content/uploads/Protecting-Taxpayers-from-Risky-Investments-in-Venezuela-Act.pdf).
Following the U.S. military operation in Venezuela, President Trump stated that the United States would "run" Venezuela's oil sector and potentially "reimburse" U.S. oil companies for their investments. He further suggested that the Trump Administra...