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RECORDSenate Finance Committee Democrats

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Letter from Senators Wyden, Warren and others to Bessent and Rubio

Published by Senate Finance Committee Democrats on September 16, 2026.

Senate Democrats' September letter on the Venezuela revenue account

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… stated that it would not enforce U.S. anti-money laundering law for transactions involving persons or entities in Venezuela for six months, framing this unprecedented step as a disaster relief measure. It has now been more than half a year since this account was established, yet the promised transparency has not materialized. The Trump Administration in April 2026 declared that the account would be audited on a quarterly basis and has awarded an $84 million contract to KPMG to do so, but to date no audits have been made public, nor is it clear that any audits have occurred at all. The Treasury and State Departments have yet to provide key information on the U.S. government’s management of Venezuela’s natural resources revenues. Please provide answers to the following questions by October 5, 2026: 1. Do you agree that any effort by the United States to manage the economy of a foreign …

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