Trump administration to triple democracy aid to Venezuela
NEW YORK — The Trump administration is more than tripling U.S. support for pro-democracy work in Venezuela and for the first time directly funding opposition leader Juan Guaidó as he attempts to set up a government to rival the socialist administration of Nicolás Maduro.
The $52 million in new aid was to be announced Tuesday by Mark Green, the administrator of the U.S. Agency for International Development, following a meeting in New York with Guaido’s envoy Carlos Vecchio, who the Trump administration recognizes as Venezuela’s ambassador in Washington.
The funding was mostly repurposed from humanitarian aid originally earmarked for Honduras and Guatemala that President Donald J. Trump cut last year after over what he said was the Central American countries’ failure to stem the flow of migrants to the U.S.
The funding boost represents a major doubling down in U.S. support of Guaidó, who has drawn recognition as Venezuela’s rightful leader by more than 50 nations. But he has been unable to translate the international support and popularity at home into real power capable of helping regular Venezuelans suffering from hyperinflation and an economic collapse akin to the destruction wrought by war.