President Donald Trump denounced one of his purported golfing buddies who's being credited with steering U.S. efforts to revive Venezuela's oil industry.The WallPresident Donald Trump denounced one of his purported golfing buddies who's being credited with steering U.S. efforts to revive Venezuela's oil industry.The Wall

Trump denies report that golfing buddy is carving up Venezuela for himself in frantic post

2026/02/13 01:03
2 min read

President Donald Trump denounced one of his purported golfing buddies who's being credited with steering U.S. efforts to revive Venezuela's oil industry.

The Wall Street Journal reported Wednesday night that energy magnate Harry Sargeant III, who the paper described as a 68-year-old former Top Gun pilot and sometimes Trump golfing partner, was perhaps the only American businessman with ties to the U.S. president and recently deposed Venezuelan President Nicolás Maduro.

"Sargeant is now in position to be the latest of the president’s allies to reap a windfall based on his second-term policies and actions," the Journal reported.

"Trump is pressing U.S. firms to move in fast as his aides work to loosen the sanctions restrictions that were imposed on Venezuela during his first administration," the report added. "Many U.S. companies are nonetheless proceeding cautiously, wary of investing huge sums until the country’s politics are stabilized and a legal framework is in place for foreign companies ... Sargeant, though, isn’t waiting. He met in person last week in Caracas with Maduro’s longtime deputy and economic manager Delcy Rodriguez, to discuss plans to get his businesses up and running."

The 79-year-old Trump denied the Journal's claims about Sargeant's efforts in Venezuela since U.S. forces removed Maduro and handed him over to U.S. law enforcement to stand trial on narcoterrorism and firearms charges.

"Relations between Venezuela and the United States have been, to put it mildly, extraordinary!" Trump posted Thursday morning on Truth Social. "We are dealing very well with President Delcy Rodriguez, and her Representatives. Oil is starting to flow, and large amounts of money, unseen for many years, will soon be greatly helping the people of Venezuela. Marco Rubio, and all of our Representatives, are doing a fantastic job, but we speak only for ourselves, and don’t want there to be any confusion or misrepresentation."

"There is a story about a man named Harry Sargeant III in The Wall Street Journal," the president added. "He has no authority, in any way, shape, or form, to act on behalf of the United States of America, nor does anyone else that is not approved by the State Department. Without this approval, no one is authorized to represent our Country. Thank you for your attention to this matter! PRESIDENT DONALD J. TRUMP."

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$3.459
$3.459$3.459
-1.31%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump adviser demands Fed economists be 'disciplined' for arguing with presidential tactic

Trump adviser demands Fed economists be 'disciplined' for arguing with presidential tactic

President Donald Trump's longtime economic adviser Kevin Hassett suggested on CNBC Wednesday that the economists at the New York Fed who produced an analysis revealing
Share
Rawstory2026/02/18 22:59
Trump admin appeals after judge orders slavery exhibit returned to Philadelphia museum

Trump admin appeals after judge orders slavery exhibit returned to Philadelphia museum

President Donald Trump's Department of the Interior and its secretary, Doug Burgum, have appealed after Judge Cynthia Rufe invoked George Orwell's dystopian novel
Share
Rawstory2026/02/18 23:24
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44