S 3838 · 119th Congress

Venezuela Oil Proceeds Transparency Act

This bill requires the Government Accountability Office (GAO)—an independent watchdog agency—to audit a major energy deal between the United States and Venezuela that was announced in January 2026. Under this deal, the U.S. government is marketing and selling Venezuelan oil, with the money going into accounts contro…

Sponsor

Schumer, Charles E. (D-New York)

Introduced

2026-02-11

Policy area

International Affairs

Latest action

Read twice and referred to the Committee on Foreign Relations. (text: CR S579)