{"id":"1794357921262-news-segment","slug":"venezuela-opens-power-grid-to-private-money","title":"Venezuela Opens Power Grid to Private Money","summary":"Venezuela's National Assembly approved a reform to the national electricity law, opening the power sector to private investment after nearly two decades of state control. The vote was broadcast on state television. Less than 40% of Venezuela's generation capacity is currently available, and chronic blackouts have disrupted water, communications, agriculture and industry.\n\nInterim President Delcy Rodriguez has been pushing private investment in oil, gas, mining, and now electricity since the U.S. ouster of Nicolás Maduro in January. The state has been unable to afford grid maintenance or guarantee payments to suppliers.\n\nDHS Secretary Markwayne Mullin said there has been no conversation with President Trump about changing immigration enforcement policy, and insisted amnesty will not happen, though Trump has told him to talk with Democrats who reach out.\n\nVenezuela's National Assembly approved an electricity-law reform opening the state-controlled power sector to private investment; the sector has been under state control since 2007 and less than 40% of generation capacity is currently available.","publishedAt":"2026-11-11T00:45:21.262Z","channel":{"id":"news","name":"Oncast News","language":"en"},"show":"News Tonight","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: DHS Secretary Markwayne Mullin said there has been no conversation with President Trump about changing immigration enforcement policy, and insisted amnesty will not happen, though Trump has told him to talk with Democrats who reach out.\nSource: [foxnews.com](https://www.foxnews.com/politics/trump-tells-dhs-chief-work-democrats-immigration-reform-no-amnesty), [washingtonpost.com](https://www.washingtonp (https://x.com/FoxNews/status/2120314986891198725)\n\nTRUE: Venezuela's National Assembly approved an electricity-law reform opening the state-controlled power sector to private investment; the sector has been under state control since 2007 and less than 40% of generation capacity is currently available.\nSource: [devdiscourse.com](https://www.devdiscourse.com/article/international/4004806-venezuela-lawmakers-opens-crisis-hit-power-sector-to-private-investment) NAMES: De (https://x.com/Reuters/status/2120315621992710477)","claims":[{"verdict":"TRUE","summary":"DHS Secretary Markwayne Mullin said there has been no conversation with President Trump about changing immigration enforcement policy, and insisted amnesty will not happen, though Trump has told him to talk with Democrats who reach out.","sourceName":"[foxnews.com](https://www.foxnews.com/politics/trump-tells-dhs-chief-work-democrats-immigration-reform-no-amnesty), [washingtonpost.com](https://www.washingtonp","sourceUrl":"https://x.com/FoxNews/status/2120314986891198725","claim":"\"Zero change.\" @SecMullinDHS answer to @IngrahamAngle is blunt: President Trump’s immigration policies aren’t changing as he considers a potential deal with Democrats. The targets remain the \"worst of the worst,\" amnesty is off the table, and Mullin says Trump will veto https://t","author":"Fox News (@FoxNews)"},{"verdict":"TRUE","summary":"Venezuela's National Assembly approved an electricity-law reform opening the state-controlled power sector to private investment; the sector has been under state control since 2007 and less than 40% of generation capacity is currently available.","sourceName":"[devdiscourse.com](https://www.devdiscourse.com/article/international/4004806-venezuela-lawmakers-opens-crisis-hit-power-sector-to-private-investment) NAMES: De","sourceUrl":"https://x.com/Reuters/status/2120315621992710477","claim":"Venezuela lawmakers open crisis-hit power sector to private investment https://t.co/1WeVLWEx0e","author":"@Reuters"}]},"sources":[{"url":"https://x.com/FoxNews/status/2120314986891198725","name":"[foxnews.com](https://www.foxnews.com/politics/trump-tells-dhs-chief-work-democrats-immigration-reform-no-amnesty), [washingtonpost.com](https://www.washingtonp","kind":"x","verdict":"TRUE","author":"Fox News (@FoxNews)"},{"url":"https://x.com/Reuters/status/2120315621992710477","name":"[devdiscourse.com](https://www.devdiscourse.com/article/international/4004806-venezuela-lawmakers-opens-crisis-hit-power-sector-to-private-investment) NAMES: De","kind":"x","verdict":"TRUE","author":"@Reuters"}],"url":"https://oncast.fm/story/1794357921262-news-segment-venezuela-opens-power-grid-to-private-money","listenUrl":"https://oncast.fm/c/news","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1794357921262-news-segment-venezuela-opens-power-grid-to-private-money","cite":"Cite https://oncast.fm/story/1794357921262-news-segment-venezuela-opens-power-grid-to-private-money and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Brian","text":"Venezuela just voted to open its power grid to private money, first time since 2007. That's a bigger story than it sounds."},{"host":"Bella","text":"Opening a collapsed grid to investors who've watched the state seize everything for two decades. Who's signing up?"},{"host":"Brian","text":"Reuters says the National Assembly passed the reform today, broadcast on state TV. The country's running on less than forty percent capacity."},{"host":"Bella","text":"So blackouts, no water at times, industry dying. They had no choice."},{"host":"Brian","text":"Interim President Delcy Rodriguez has been pushing private investment in oil, gas, mining since Maduro was ousted in January. Electricity is the big prize."},{"host":"Bella","text":"She calls stable power the top priority. Easy to say when the grid's been state-run into the ground."},{"host":"Brian","text":"Well, that's the pitch, isn't it? State control since 2007, private investment now. It's a complete reversal."},{"host":"Bella","text":"But here's my question. Investors want contracts that hold up, pricing that makes sense. How much trust is left?"},{"host":"Brian","text":"Reuters says investor caution remains despite the reforms. So the answer is, not much. But they'll still come for the big industrial users."},{"host":"Bella","text":"Say what you will, it's a signal the state failed. When you let private money into the grid, you're admitting it."},{"host":"Brian","text":"Yeah, and I'd rather have lights on than ideological purity. Less than forty percent capacity is not a talking point, it's a humanitarian problem."},{"host":"Bella","text":"No argument. Chronic blackouts hit water, communications, farms, all of it. Venezuela's problem is trust, not law."},{"host":"Brian","text":"Exactly. You can pass any law you want. The people with the money remember 2007."},{"host":"Bella","text":"Different kind of power struggle here. DHS Secretary Markwayne Mullin says there has been no conversation with President Trump about changing immigration enforcement policy, and he insists amnesty will not happen."},{"host":"Brian","text":"Zero change, that's the quote. Amnesty off the table, still going after the worst of the worst, and Trump would veto anything soft."},{"host":"Bella","text":"Mullin said there hasn't even been a conversation with Trump about changing enforcement. But Trump told him to talk with Democrats who reach out."},{"host":"Brian","text":"That's the real story, Bella. Trump is directing his DHS chief to negotiate. That's not 'zero change,' that's testing the water."},{"host":"Bella","text":"He's testing the water without changing enforcement. Those are two different things, Brian. Deportations continue, talks happen."},{"host":"Brian","text":"Take a step back. The border is the single biggest reason Trump won. If he gives Democrats anything on this, his base reads it as a sellout."},{"host":"Bella","text":"His base elected him to fix the border. You don't fix it without some legislative cover, especially when Democrats take the House."},{"host":"Brian","text":"Legislative cover? He's already using every executive tool there is! He doesn't need Chuck Schumer's blessing."},{"host":"Bella","text":"He doesn't need it — but if he wants a deal that survives past January, he does. And he knows it."},{"host":"Brian","text":"Show me one Democrat who'll vote for amnesty, or even a path, without gutting enforcement. There isn't one."},{"host":"Bella","text":"Mullin said amnesty's off the table. So the dance is about enforcement levels, funding, maybe Dreamers. That's the room."},{"host":"Brian","text":"If he touches Dreamers, the base erupts. I'm telling you, this is the third rail. Trump knows that better than anyone."},{"host":"Bella","text":"Which is exactly why he sent Mullin out to say zero change. It's a message to the right while keeping a line open to the left."},{"host":"Brian","text":"Fine. But the clip on Fox News is the tell. Ingraham asking, Mullin answering bluntly. That's white-glove treatment for the people who made him president."},{"host":"Bella","text":"And the Washington Post has Trump telling Mullin to work with Democrats who reach out. That side's real too."},{"host":"Brian","text":"I think the deeper point is who voted against him in the midterms. Suburban moderates bled Democrats this time. Trump wants some of them back."},{"host":"Bella","text":"But not at the cost of the base. That's the tightrope. He's walking it in public, which is why this is fascinating."},{"host":"Brian","text":"For a guy who says zero change, he sure is making a lot of noise."},{"host":"Bella","text":"Speaking of noise, Formula 1 champion Lewis Hamilton visited the Gaza border. Al Jazeera had the story."},{"host":"Brian","text":"Hamilton's never shied away from politics. What was he doing there?"},{"host":"Bella","text":"The report says he visited the border. That's what we know. No official statement from him yet on the reason."},{"host":"Brian","text":"He's been vocal about human rights for years. This fits a pattern of showing up and drawing attention."},{"host":"Bella","text":"And it'll draw plenty. A seven-time champion at the Gaza border on a Tuesday. Cameras will follow."},{"host":"Brian","text":"Good for him. Celebrities often tweet from a distance. Actually being there is different."},{"host":"Bella","text":"One more quick one. There's a rumor on X that UFC has a Manchester event in March with Lerone Murphy versus Jean Silva as the main event."},{"host":"Brian","text":"And that rumor hasn't been confirmed anywhere I can find."},{"host":"Bella","text":"Right. It's one account with a screaming breaking news banner. The event isn't official yet."},{"host":"Brian","text":"Murphy and Silva would be a great fight, don't get me wrong. But you don't announce a main event in a fan post."},{"host":"Bella","text":"Until UFC says something, treat it as wishful thinking from Manchester fans."}]}