Donald Trump has said he might block ExxonMobil from investing in Venezuela after the oil company's chief executive called the country "uninvestable" during a White House meeting last week.
Darren Woods told the US president that Venezuela would need to change its laws before it could be an attractive investment opportunity, during the high-profile meeting on Friday with at least 17 other oil executives.
Trump had urged the group to spend $100bn to revitalise Venezuela's oil industry in a meeting less than a week after US forces captured and removed Venezuelan president Nicols Maduro from power in a brazen overnight raid.
Woods' sceptical remarks quickly emerged as the dominant headline, undercutting the White House's hopes of building momentum from its engagement with the world's most prominent oil executives.
The U.S. attorney's office in the District of Columbia has opened a criminal investigation into Jerome H. Powell, the Federal Reserve chair, over the central bank's renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project, according to officials briefed on the situation.
The inquiry, which includes an analysis of Mr. Powell's public statements and an examination of spending records, was approved in November by Jeanine Pirro, a longtime ally of President Trump who was appointed to run the office last year, the officials said.
The investigation escalates Mr. Trump's long-running feud with Mr. Powell, whom the president has continually attacked for resisting his demands to slash interest rates significantly.
The Department of Homeland Security has taken its holiday-themed campaign for mass deportations ... read more
President Donald Trump unveiled a new "Trump class" of Navy battleships Monday, describing them as a superior war fighting vessel to replace an "old and tired and obsolete" US fleet.
"They'll help maintain American military supremacy, revive the American ship building industry, and inspire fear in America's enemies all over the world," Trump said in revealing the new category of vessel from the library at Mar-a-Lago.
Flanked by renderings of the "Trump class" battleships at sea, Trump said he would take an active role in their design. The president made the announcement Monday afternoon in Florida with Defense Secretary Pete Hegseth and Secretary of State Marco Rubio, who is also national security adviser.
The "Trump class" ships will form part of the new "Golden Fleet" that the president has ordered up for the Navy, meant to better counter China and other adversaries and to more closely adhere to Trump's aesthetic standard.
And then the White House re-posted it on their taxpayer-funded 'X' account ... read more
How is this not how monarchs and dictators behave?
OCU