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Monday, October 12, 2026
GoldObserver

The Venezuelan Crisis Is Poised to Shape President Trump's Political Legacy - and the United States' Position in the World

In the wake of launching a night of overwhelming force in Venezuela, Donald Trump now appears to be getting into the nation-building business.

In a notable press conference at his Mar-a-Lago estate on Saturday morning, the president declared that US forces had effectively seized Venezuelan President Nicolas Maduro and his wife in an overnight raid in Caracas.

Trump then announced that a group featuring Secretary of State Marco Rubio and Secretary of Defence Pete Hegseth, working with Venezuelans, would be seizing the reins of the embattled nation.

"We are going to administer the country until such time as we can do a safe, proper and careful transition," he said.

What precisely "governing the state" entails is unclear, but the commitment represents an dramatic policy reversal for the president, rife with inconsistencies and formidable obstacles.

A president who ran on opposing "forever wars", who vehemently denounced past US attempts at overthrowing governments and who promised to implement an "America first" foreign policy is now betting his presidency on effectively revitalizing a South American nation whose economic system is in ruins and whose political stability has been undermined by years of dictatorship.

Yet, Trump was persistently confident.

He said his administration has a "perfect track record of winning" – and that this would be no exception. He vowed to recruit American energy companies to rebuild Venezuela's crumbling production infrastructure, providing capital for the American reconstruction efforts and aiding the Venezuelan people.

He declined to rule out deploying American soldiers to Venezuela to advance these efforts. "We do not fear boots on the ground…we had boots on the ground last night," he informed reporters.

Trump, a vocal opponent of the US intervention of Iraq, will now have to remember the words of one of the American planners of the Iraq War, Secretary of State Colin Powell: "If you shatter it, you are responsible for it."

A Shift in Foreign Policy

The US has altered Venezuela's future – for better or worse.

Trump took office nearly a year ago pledging to be a peacemaker, but over the past year he has demonstrated that he is ready to use armed force worldwide.

In the past week, he ordered airstrikes on Syria and Nigeria. In 2025, he targeted atomic sites in Iran, suspected drug-trafficking boats in the Caribbean, rebel forces in Yemen, militias in Somalia and Islamic militants in Iraq.

Unlike previous actions, which have largely involved missiles and aircraft that minimize the exposure of American forces to harm, Trump's Venezuela operation – and his commitments to the fate of that nation – are strikingly distinct.

His aim, he said during his press conference, is to "restore Venezuela's greatness."

Domestic and International Reaction

That play on Trump's "Make America Great Again" – or Maga - slogan may be tough for some of Trump's backers to digest.

Congresswoman Marjorie Taylor Greene, a one-time Trump loyalist who broke with the president after accusing him of deserting his political base, was quick to denounce the president's actions on social media.

"Americans' disgust with our own government's never ending use of force and backing for foreign wars is justified because we are forced to pay for it," she wrote. "This is what many in Maga thought they voted to end. How mistaken we were."

Another prominent Trump critic, Republican Congressman Thomas Massie, compared the official rationale for Maduro's arrest – on weapons and cocaine trafficking charges – with Trump's explanation that the operation was to retake seized US oil and stop fentanyl production.

Most Republican lawmakers stood by the president, with House Speaker Mike Johnson characterizing the armed intervention against a "criminal regime" as "firm and warranted".

Strategic Justifications and Global Implications

During his press conference, the president said the Venezuelan operation furthered his "America First" agenda because it ensured US regional security and provided a steady source of oil.

He resurrected the Monroe Doctrine – an early 19th Century American foreign policy that declared the Western Hemisphere should be free from influence by European powers – and renamed it the "Donroe Doctrine."

The move in Venezuela, Trump said, shows that "US supremacy in the Western Hemisphere will not be challenged again."

The purpose of the new US national security strategy, he said, was to "safeguard trade, territory and assets that are fundamental to our security interests." He labeled the Western Hemisphere as America's "home region."

Trump's choice to capture Maduro will provoke larger questions in global politics, however, and impact American relations with the world's other major global powers.

The Chinese government released a statement expressing surprise and condemning what it said was a reckless attack on a sovereign nation.

During the previous administration, the US offered comparable censures of Russia following its invasion of Ukraine. Now the Trump administration is trying to mediate a peace deal between those two nations – one that has frequently seemed to be leaning to the Russian side.

Don Bacon, a moderate Republican congressman, expressed concern about the message Trump's actions might send.

"My main worry is now Russia will use this to justify their illegal and barbaric operations against Ukraine, or China to justify an attack of Taiwan."

Political Criticism and Constitutional Questions

Trump's Democratic opponents were blunter.

"The United States should not be managing other countries for any purpose," said a senator who serves on the Foreign Relations Committee. "We should have learned by now not to get involved in endless wars and regime change missions that carry catastrophic consequences for Americans."

Another senior Democratic lawmaker said Maduro is a lawbreaker and a autocrat with a record of rights violations. But he censured Trump's choice not to consult with congressional leaders prior to launching the attack.

"Donald Trump has the legal duty to follow the law and protect democratic norms in the United States," he said. "That is what putting America First demands."

Trump, in his remarks, explained that he opted not to inform Congress because he was concerned they would "leak" particulars of the operation prior to the attack.

An Uncertain Future

That mission was a triumph – with zero American casualties and minimal harm to US assets. Trump, with his characteristic bravado, described the operation as a "spectacular assault" and "one of the most stunning, effective and impressive demonstrations of American power and competency in US history."

Now he is gambling his legacy on that success enduring, as the US says it will assume responsibility for administering and reconstructing Venezuela - though what that truly entails is unknown. He and his team must strengthen a nation that has been in turmoil for years while stabilising a region that is sure to be apprehensive of what Trump's international strategy has in store for them.

By

Tammy Mcconnell

Financial analyst specializing in precious metals and global markets, with over a decade of experience.

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