The United States House of Representatives approved the Bolívar Law, designed to strengthen sanctions against the government of Nicolás Maduro, freeze assets and prohibit contracts with entities linked to the Venezuelan State
The United States House of Representatives approved this Monday the Law Prohibiting Operations and Leases with the Illegitimate Venezuelan Authoritarian Regime, known as the BOLIVAR Law. This project, promoted by congressmen Mike Waltz and Debbie Wasserman Schultz, seeks to strengthen sanctions against the government of Nicolás Maduro and freeze additional assets under its control.
This was reported by Congresswoman María Elvira Salazar through social networks, who assures that the legislation cuts off an additional financial lifeline for the repressive apparatus of the Maduro regime.
✅ The House of Representatives APPROVED the BOLIVAR law, HR 825.
The legislation cuts an additional financial lifeline to the Maduro regime’s repressive apparatus.
Thank you @RepWaltzPress and @RepDWStweets for supporting the Venezuelan opposition at this crucial moment! pic.twitter.com/RfhKyFuAk9
— Rep. María Elvira Salazar (@RepMariaSalazar) November 18, 2024
Such a law would prohibit the U.S. government from contracting with companies or individuals with business ties to the Maduro government or any successor government that is not recognized as legitimate by the United States.
«Venezuela is in crisis due to the illegitimate and authoritarian government and Marxist policies of Nicolás Maduro and his Caracas cartel. Maduro and his cronies have mocked and ignored the electoral will of the Venezuelan people, inciting violent actions against the democratic opposition. Our policy must be based on solidarity with the brave activists who strive to break the chains of oppression and not provide aid and comfort to their oppressors. We must maintain existing sanctions against the regime and seek to expand sanctions to minimize Maduro’s resources to abuse the freedoms and prosperity of the Venezuelan people.»declared Mike Waltz, nominated to the White House National Security Council for Trump’s next term.
«This legislation sends a clear message to Maduro and other dictators: there will be no tolerance or rewards for their illegal actions.»said Waltz, who also highlighted that the sanctions policy must support Venezuelan democratic activists.
For his part, Wasserman Schultz stressed that the United States will not tolerate or subsidize antidemocratic repression.
María Elvira Salazar, who is also president of the Western Hemisphere Subcommittee of the Foreign Affairs Committee of the House of Representatives, highlighted that this is crucial support for the Venezuelan opposition.
«Edmundo González Urrutia won the election in July, even after Maduro cheated, and no amount of repression will hide that simple truth from the Venezuelan people. Maduro’s time is up, and he knows it»Salazar concluded.
The Bolívar Law, supported on a bipartisan basis, must be approved by the Senate before being signed by the president of the United States.
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