It is in this context of desperation that the Citgo-Rosneft
deal was made, which now puts American energy infrastructure at risk. Congress
has held multiple hearings on the deteriorating crisis in Venezuela, most
recently in March. In April, an oversight letter was sent to U.S. Treasury
Secretary Steven Mnuchin urging the Committee on Foreign Investment in the U.S.
(CFIUS) to immediately review the 2016 Citgo-Rosneft asset transfer. Treasury
responded, and Mnuchin testified before the Senate, acknowledging that the 2016
asset transfer “would be reviewed.” However, CFIUS has yet to conduct the
review — even after members in the House and Senate have urged immediate
consideration. More…
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