In the six months since U.S. forces blew open Mr. Maduro’s bedroom door and snatched him in the dead of night, Mr. Rubio has become the de facto viceroy of Venezuela, holding sway over a sovereign nation in a way that no American official has since L. Paul Bremer III arrived in Baghdad in 2003 to run U.S.-occupied Iraq.
Mr. Rubio now effectively controls Venezuela’s finances, the distribution of its natural resources and its government, according to interviews with more than a dozen officials and people close to both governments in Washington and Caracas, who provided details about his involvement in steering the country’s policies. Many spoke on condition of anonymity to describe private interactions and internal discussions.
While he has not visited Venezuela in person since the U.S. took over, the secretary of state is deeply involved in the country’s day-to-day operations, keeping in close contact with Delcy Rodríguez, who was Mr. Maduro’s vice president and now leads her country on an acting basis, with the imprimatur of the United States. The two exchange messages in Spanish on WhatsApp, trading gossip, birthday greetings and selfies.
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The U.S. Treasury receives the revenue from most of Venezuela’s exports, then disburses it to Venezuela through the country’s banking system, a relationship akin to parents handing out allowances to children. Mr. Rubio and his team set the conditions on what that money can be spent on, and by whom.
This system has allowed Mr. Rubio to stop Venezuela’s most egregious corruption schemes. And it brings some benefits to the Venezuelan government, which uses the effective protection of the U.S. Treasury to receive revenues without being hounded by the numerous creditors seeking repayment of billions in unpaid debt.
But the arrangement has also given Mr. Rubio immense leverage over Ms. Rodríguez, who depends on the money to pay workers and prop up the national currency.
He also oversees the application of U.S. sanctions on Venezuela, deciding who gets to do business in the country and how. He has worked to reshape the oil sector and boosted the access of U.S. companies. For her part, Ms. Rodríguez runs important government appointments by him, such as the minister of defense.
Since two earthquakes struck Venezuela last month, Mr. Rubio has sought to bolster the country’s interim government. The United States has sent 900 military personnel to Venezuela, committed nearly $400 million in aid and delivered crates of cash to the Venezuelan government.
The earthquakes have complicated Mr. Rubio’s stated mission to return Venezuela to democracy (“It’s a setback in that regard,” Mr. Rubio acknowledged last month). But the country’s ability to recover is critical to Mr. Trump’s ultimate goal: securing Venezuelan oil for U.S. interests.
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Washington’s grip on Venezuela’s economy extends beyond the oil revenues. Mr. Rubio’s team drafts the licenses that provide companies who want to do business in Venezuela with exemptions from sanctions. Mr. Rubio has warned Ms. Rodríguez’s government to abstain from business with U.S. adversaries. Following Mr. Maduro’s downfall, for example, Venezuela’s state oil company has quietly taken over the operations of the oil projects that it co-owns with Russia’s state-run Rosneft. Rosneft did not respond to request for comment.
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The time frame for the final phase of Mr. Rubio’s Venezuela plan, the free elections, remains undefined. When The Times asked Ms. Rodríguez in May when she would hold elections, she said, “I don’t know. Sometime.”
From the article (from July):
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