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Marco Rubio: “We've created mechanisms. You know, all the money they make…”

Featuring: Marco Rubio, Republican | Secretary of State, United States | National

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Marco Rubio: We've made this VERY clear...

Published | Video Starts at 12:55

Look, we're trying to normalize that place. This was a place where a country of incredible wealth, but all the wealth was being stolen. It wasn't going to benefit the Venezuelan people. So We've created mechanisms. You know, all the money they make on oil now goes into a bank account in New York and it's audited by kpmg, and it's being used to pay the salaries of teachers and firefighters and police officers and university professors. So for the first time in over a decade, the wealth of the country is actually benefiting the people of Venezuela. But there's more work to be done. (12:55–13:09)

CLAIM

Asserts that Venezuela's oil revenue is now managed through a New York bank account audited by KPMG to pay public sector salaries.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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