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Markwayne Mullin: “Maduro... being a technically a drug lord and using…”

Featuring: Markwayne Mullin, Republican | U.S. Senate, Oklahoma

SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box

Published January 13, 2026 | Video Starts at 00:47

When we start looking at Maduro, you know, in his first administration, the Democrats were criticizing him for not going and getting Maduro... being a technically a drug lord and using Venezuela to be able to launder money through and poison our streets. with the drugs that were flooding our shores coming out of his ports. And so I commend President Trump on taking that strong action. And it woke up everybody in that region. (00:47–01:05)

CLAIM

Asserts that Maduro is involved in drug trafficking and money laundering.

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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Markwayne Mullin

“The oil reserves in Venezuela is greater than Saudi Arabia, but there's been zero investment into it.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 01:30-01:37
“China was receiving roughly 400,000 barrels of oil a day at a much reduced price on the black market.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 02:02-02:10
“For over the last 25 years, [the U.S.] have paid attention elsewhere and we've allowed our streets to be flooded with drugs.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 00:31-00:39
“He [the president] has made it very clear that he supports the Iranian people in whatever move they try to move.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 01:40-10:14
“He [the president] will keep the mass murdering from going on from this murderous regime that's running Iran.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 01:40-10:22
“If they stabilize, most of these majors, including Exxon, is going to run [to Venezuela].”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 03:03-03:08
“President Trump is going to have U.S. investors back going into Venezuela.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 03:49-03:55
“Most these oil companies... need to be, to actually be profitable [at] between 60 and $70 a barrel.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 04:46-04:53
“We can bring down that cost from, like I said, from the low end, about $45 a barrel.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 05:40-05:46
“We didn't invade Venezuela. We removed an indicted dictator that was ruining the country and it was a drug lord.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 06:18-06:25
“The Federal Reserve needs, has more transparency with Congress to begin with.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 08:50-08:55
“The president doesn't bluff. His timing is on his timing. When he decides to move, he will move.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 09:59-10:06