Venezuela Oil Proceeds Transparency Act

This bill would require the Government Accountability Office (GAO), led by the Comptroller General, to start an audit within 30 days of the United States-Venezuela energy deal announced on January 6, 2026. Under that deal, the United States markets and sells Venezuelan oil and deposits the money in U.S.-controlled accounts. The audit would cover the work of the State, Energy, and Treasury Departments and any other federal agencies, employees, or contractors carrying out the deal. GAO would have to brief congressional committees on its findings and give Congress a report with recommendations within 90 days after finishing the audit. GAO would also have to tell Congress if any agency or contractor delays or denies access to information.

Full text and official record on Congress.gov

Sponsors

• Charles E. Schumer Democrat sponsor
• 2 cosponsors