Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

The parallel AN will appoint a five-person “Administration and Asset Protection Council” to manage resources. The “interim government” had recurring budgets assigned by the US Treasury Department, drawing funds from frozen accounts belonging to the Venezuelan state. Last week, the US Senate approved US $50 million for “democracy promotion” programs in Venezuela for 2023.

At the time of writing, the US has yet to comment on the reconfiguration of the opposition structures. However, the proposal was reportedly run by US officials during meetings with opposition representatives in Washington.

In the run-up to Thursday’s vote, Assistant Secretary of State for Western Hemisphere Affairs Brian Nichols stated in an interview that the Biden administration would follow whatever the anti-government majority decided. An anonymous spokesperson from the US National Security Council likewise told Reuters that the White House would continue recognizing the “interim government” “regardless of the form it takes.”

Next up: Leopoldo López or Henrique Capriles?!

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Cruz believes that in the background of this political crisis there is “a dispute over the opposition political leadership of a sector against Leopoldo López.” In the analyst’s opinion, “the leader who is emerging as the option against Maduro in the 2023 or 2024 elections is Henrique Capriles. The struggle between Capriles and Leopoldo López to lead the opposition has been going on for a long time”. Cruz considers that “the nonsense that they are setting up to remove Guaidó is not contemplated in the Venezuelan constitution. The legislative power cannot assume functions of the executive power.

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