WASHINGTON — President Donald Trump said the United States and private corporations will jointly “run” Venezuela following the removal of longtime leader Nicolás Maduro.

“We're going to be running it with a group, and we're going to make sure it's run properly,” Trump said. “We're going to rebuild the oil infrastructure, which will cost billions of dollars. It will be paid for by the oil companies directly. They will be reimbursed for what they're doing, but it's going to be paid and we're going to get the oil flowing the way it should be.”

Trump, fielding questions from reporters at Mar-A-Lago, said information would be forthcoming on the transition, but he also noted top Trump administration officials, including Secretary of State Marco Rubio, would be involved.

Trump said Maduro attempted to flee to a safe room before he was captured by U.S. forces.

A brave young patriot receives a burial 83 years after being lost in war. Volunteers restore a Revolutionary War cemetery. A Gold Star mom makes it her mission to honor her son’s sacrifice. NewsdayTV's Virginia Huie shares three stories in honor of Memorial Day. Credit: Randee Daddona; Photo credits: Anthony Veneziano, Cathy Heighter

Memorial Day 2026: NewsdayTV honors those we've lost A brave young patriot receives a burial 83 years after being lost in war. Volunteers restore a Revolutionary War cemetery. A Gold Star mom makes it her mission to honor her son's sacrifice. NewsdayTV's Virginia Huie shares three stories in honor of Memorial Day.

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