Fed Lowers Borrowing Costs for Second Time This Calendar Year Amid Economic Uncertainty
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- By Jake Boyle
- 09 Sep 2026
Top officials from the administration arrived on Capitol Hill to justify one of the most audacious military operations in recent US history: the seizure of a sitting head of state from his own capital.
The secretaries of state and defense, the nation's top lawyer, the intelligence chief, and the top military officer briefed all 100 U.S. senators on Operation Absolute Resolve, the swift strike that extracted the Venezuelan president, NicolĂĄs Maduro, from his Caracas residence and transported him to a detention facility in New York.
This session marked the initial instance the entire chamber heard particulars of the 3 January attack, which involved elite American troops entering Venezuela before dawn to seize Maduro and his wife, Cilia Flores.
Officials described a threefold process for Venezuela that revolved around oil: first, bringing order to the nation; next, finding access for companies to enter the Venezuelan market; and a final phase described as âone of transition.â
âWe are going to take between 30 and 50 million barrels of oil,â one official stated. âWeâre going to sell it in the marketplace at market rates, not at the discounts Venezuela was getting.â
Beyond the oil, the operation has divided the capital along expected partisan divides. GOP lawmakers have united in support of the portrayal of the raid as a simple arrest operation targeting an accused narcotics kingpin. Opposition party members warn of an illegal act of war that could destabilize the South American nation and set a dangerous precedent for executive power.
âWhat we did is we took out an leader without a proper mandate,â one Republican senator said. âHe was never duly elected, so there canât be regime change if he should have never been in power to begin with.â
In the early morning hours, special operations forces struck multiple targets across the country's north, apprehended Maduro and Flores, ferried them to a U.S. Navy ship, flew them to a stateside base, and then turned them over to authorities in New York. Days later, Maduro appeared before a judge entering a denial to charges including âdrug terrorismâ conspiracy.
One Democratic senator emerged from the closed-door session incredulous, stating the administration is âgoing to take the oil by force.â
âThis is an reckless scheme,â the lawmaker said. âThey are talking about taking the nation's petroleum resources at gunpoint for an unspecified time as a bargaining chip to micromanage the country.â The senator added that they âheard no comprehensive strategyâ for ensuring Venezuelaâs future stability.
This pushback reflects wider citizen anxiety. Polls indicate a majority of Americans believe the operation should have required congressional approval. Separate surveys found about 75% express worry the U.S. will become too involved in Venezuela. Overall sentiment echoes the partisan split on Capitol Hill.
âAcross America, people are just saying what the hell is going on?â a senior Democratic leader stated. âWe need answers as to how long this is going to last. We need answers on troop levels, financial cost, and what limits are in place.â
The question of what happens next in Venezuela remains unclear. Leadership has stated the U.S. would ârunâ the country for an indeterminate time.
âThe reality is the entire Maduro apparatus is still in place,â one analyst noted. âEveryone is in awe of the capacity of our military... but there is little clarity about what comes next.â
Global criticism has been rapid. Numerous nations have denounced the operation. At the United Nations, representatives from other major powers demanded Maduroâs prompt freedom, while the U.S. defended the action as a precise police action.
Republican lawmakers are also narrowing their sights toward Greenland, citing defense concerns.
âChina and Russia are conducting activities near Greenland,â one GOP senator said. âIn my view, we have a significant strategic stake in Greenland.â
The administration has kept a naval fleet positioned off Venezuelaâs coast and recently took control of Venezuela-linked oil tankers, signaling it has no plans to reduce its stance.
âOur military is prepared to continue this,â a senior defense official told reporters. âWe are an administration of action to promote our national goals, and that is on clear view.â
Maya Chen is a tech journalist and lifestyle blogger with over a decade of experience covering digital trends and cultural shifts.