"Safeguarding Venezuelan Oil Revenue for the Good of the American and Venezuelan People"

President Trump signed this order after finding that imposition of judicial process against the Foreign Government Deposit Funds, funds a designated Treasury account on behalf on Venezuela, threatens the security and foreign policy of the US and interferes with efforts to stabilize the economy and political environment in Venezuela. Due to this the President in declaring a national emergency to combat this threat.

This order prohibits any attachment, judgement, decree, or any other judicial process in relation to the Foreign Government Deposit Funds. It also bans transfers, payment, exportations, and withdrawals from the Foreign Government Deposit Funds unless regulations or orders are issued that are pursuant to the order.

It is specified that the Foreign Government Deposit Funds constitute only property of the Venezuelan Government, not private property as well as prohibits usage of the funds in commercial activity.

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Link to full text: https://www.whitehouse.gov/presidential-actions/2026/01/safeguarding-venezuelan-oil-revenue-for-the-good-of-the-american-and-venezuelan-people/