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The Playbook Podcast

The well-oiled machine

The Playbook Podcast

POLITICO

Politics, Government, Daily News, News

3.9699 Ratings

🗓️ 7 January 2026

⏱️ 14 minutes

🧾️ Download transcript

Summary

President Donald Trump touted on Tuesday night that Venezuela’s interim government would turn over billions of dollars worth of oil to the U.S., just days after Nicolás Maduro was toppled. The U.S. plans to sell the oil at market prices, Trump said, adding that he would personally control the proceeds. Meanwhile, administration officials are delivering a bipartisan briefing to senators on the Venezuela action today, which is certain to prompt plenty of reactions once it’s wrapped. Playbook’s Jack Blanchard and White House Bureau Chief Dasha Burns discuss the oil equation, plus what Trump really wants to do with Greenland.

Transcript

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0:00.0

Today on the Playbook podcast, the spoils of war, Donald Trump bags up to 50 million barrels of Venezuelan oil after toppling the nation's leader. Are we all okay with that? And how does Congress feel? We'll find out after Marco Rubio and other admin officials brief senators this morning.

0:22.6

And is Greenland next? We'll discuss Trump's threats towards the Danish-owned island.

0:27.6

Hello, I'm Jack Blanchard.

0:29.1

And I'm Dasha Burns. It is Wednesday, January 7th.

0:33.5

I want to start off with a sort of There Will Be Blood type chat.

0:37.4

You see that movie, Donald Day Lewis and the oil spitting all over his face and stuff.

0:41.3

Paul Dano, just a remarkable performance in that.

0:43.3

Right, exactly.

0:45.3

When the United States just toppled dictators before, right, it's always sort of framed its actions in moral terms, or it sort of tried to in public.

0:53.3

Usually it was like at least the subtext, if not like the covert thing is we're going to get some stuff for ourselves here.

1:01.0

Right.

1:01.5

People used to say Iraq was about oil, but the administration was like, we're going in to save the world from WMD, and we're going in because we're going to bring democracy to the Middle East.

1:11.0

And like in Panama, when they got with Noriega, they brought in democracy.

1:14.9

Donald Trump is not talking like that.

1:16.6

He's talking about oil.

1:18.4

And last night, he announces on Truth Social that he is getting the administration that he is

1:23.1

essentially now allowing to be in place.

1:24.9

He's giving America 30 to 50 million barrels of oil, which he is

1:29.1

going to sell on the market. We've said this before, but we've never really seen America act

1:34.6

explicitly like this, not in our lifetimes, not for a very long time. Do you think the public are

1:39.0

okay with this? Do you think Congress is okay with this? Well, I think it could go a couple of different ways. And there is a

1:45.9

world in which some parts of MAGA and the Republican Party are like, well, you know, at least

...

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