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Markwayne Mullin: “President Trump is going to have U.S. investors back going…”

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 03:49

However, there's going to be one company that's going to step out in front and they're going to take this opportunity as a time to invest. And President Trump is going to have U.S. investors back going into Venezuela. But at the end of the day, it's going to be Venezuela and the people of Venezuela that's going to choose what type of government they have moving forward. (03:49–03:55)

CLAIM

Asserts President Trump supports U.S. investment in Venezuela.

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

“Maduro... being a technically a drug lord and using Venezuela to be able to launder money through and poison our streets.”
SEN MULLIN: 'This is what we're doing to make Venezuela investable.' | Squawk Box | Uploaded January 13, 2026 | 00:47-01:05
“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
“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