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US seeks $10 bn trade finance fund for Venezuela: Mnuchin

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The United States is working with a group of countries to build a $10 billion fund to help Venezuela rebuild trade once a new government…
The United States is working with a group of countries to build a $10 billion fund to help Venezuela rebuild trade once a new government is in place, Treasury Secretary Steven Mnuchin said Saturday.
The United States has joined dozens of other countries in recognizing Venezuelan opposition leader Juan Guaido as interim president but embattled President Nicolas Maduro remains in power.
Mnuchin said that, during the spring meetings of the International Monetary Fund and World Bank, officials had discussed how to aid in the Caribbean country’s recovery.

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