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Today's Political News Compilation -Friday, August 28, 2026

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Below are some of the top political news stories of the day:



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Trump says US has entered deal with Venezuela to take control of 65 billion barrels of oil reserves

By AAMER MADHANI, COLLIN BINKLEY and REGINA GARCIA CANO
Updated 8:41 PM CDT, August 28, 2026

WASHINGTON (AP) — President Donald Trump said Friday that his administration has entered a sweeping agreement with Venezuela that, if realized, could give the U.S. access to vast amounts of the South American country’s untapped oil reserves, at cost.

Trump in a social media post announcing the agreement said it was negotiated by Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and Venezuela’s acting President Delcy Rodríguez.

“The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!” Trump wrote.

Rodríguez’s government in a statement said the deal involves the development of 17 fields with a proven potential of 65 billion barrels. It said the agreement could draw $100 billion in investment into Venezuela’s oil industry and yield over $209 billion in taxes for Caracas.

Rodríguez in a posting on Telegram predicted the deal “will have a significant impact on our nation’s revival.”

The agreement allows for the United States to partner with an unnamed private operator in Venezuela to create a new private company to take hold of the reserves, according to a U.S. official familiar with the contours of the deal.

The official, who was not authorized to comment publicly and spoke on the condition of anonymity, added that Rodríguez granted the company 100-year rights to develop the oil fields. ...

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8/30/2026: The Cap Arcona; Presenting the Kanneh-Masons

  • News source: Politics - CBSNews.com
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First, a report on the sinking of the Cap Arcona Nazi ship. Then, the Kanneh-Masons: Meet the musical siblings.
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8/30: CBS Weekend News

  • News source: Politics - CBSNews.com
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Nepal warns of new flooding amid ongoing devastation; President Trump says the oil deal with Venezuela will boost U.S. oil reserves.
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Connecticut senator says ICE made arrests at school bus stops, border czar rejects claim

  • News source: Politics - CBSNews.com
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White House border czar Tom Homan rejected claims that ICE officers arrest parents at bus stops in Connecticut. But there is no argument that arrests are up nationwide. Lana Zak reports from Stamford, Connecticut.
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Trump says U.S. deal with Venezuela will boost oil reserves

  • News source: Politics - CBSNews.com
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  • Views: 5
President Trump said the U.S. will begin "topping out" its strategic petroleum reserve with Venezuelan oil under last week's agreement. But that's unlikely to provide much relief to Americans facing sustained high gas prices. Olivia Gazis has more details on the unprecedented agreement.
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Hikers feared missing after 'terrifying' flash flooding hits Grand Canyon

  • News source: BBC News - World
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  • Views: 14
"It was a beautiful day - and then people were screaming," one hiker who was airlifted to safety tells the BBC.
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Nepal flood relief vehicles trapped as heavy rain turns roads to mud

  • News source: BBC News - World
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  • Views: 6
Heavy rain has hampered relief efforts in Nepal where thousands remain missing after flash floods hit its border with Tibet.
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US strikes Iranian launchers on Larak Island in first known attack in weeks

  • News source: BBC News - World
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  • Views: 9
Iran says the attack killed some civilians and is the first known US strike on Iran since late July.
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Russia says it helped to repel Niger attempted coup

  • News source: BBC News - World
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  • Views: 9
Soldiers tried to attack a key military base early on Saturday morning, authorities say, but were thwarted.
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British woman killed in stabbing at German railway station

  • News source: BBC News - World
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  • Views: 8
A 27-year-old German man was arrested immediately after the incident in Rosenheim, Bavaria.
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DC public schools face special grand jury probe into attendance, truancy and graduation records

  • News source: FOX News
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  • Views: 14
Federal prosecutors have launched a rare special grand jury probe into D.C. public schools, zeroing in on truancy, graduation rates and attendance records.

The investigation, which was first reported by The Washington Post, is examining the supervision and oversight of young people in the nation’s capital, according to people familiar with the matter.

This is about "safeguarding youth in the District," a law enforcement official told Fox News.

Teachers and other personnel at several D.C. Public Schools campuses have been contacted in recent days...
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Nasa launches new space telescope able to see 100 times more than Hubble

  • News source: BBC News - World
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The US space agency's telescope is starting a multi-year mission to create a new map of the universe and learn more about dark energy and dark matter.
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WhatsApp chat used to launder cash for crime and extremism

  • News source: BBC News - World
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  • Views: 8
The WhatsApp money launderers arranged cash transfers in the UK and around the world with no paper trail.
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Full transcript of "Face the Nation with Margaret Brennan," Aug. 30, 2026

  • News source: Politics - CBSNews.com
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On this "Face the Nation with Margaret Brennan" broadcast, moderated by Margaret Brennan:

Click here to browse full transcripts from 2026 of "Face the Nation with Margaret Brennan."

MARGARET BRENNAN: I'm Margaret Brennan in Washington.

And this week on Face the Nation: an update from Nepal following last week's devastating flooding, and a look back at the chaotic withdrawal from the longest war in U.S. history.

Four days after a glacier collapsed and triggered a cataclysmic flash flood in Nepal, we will have the latest on the search for its...
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California bill recognizing 2 Islamic holidays nears Newsom’s desk

  • News source: FOX News
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California could soon formally recognize two of Islam’s most important holy days under legislation that would give state workers greater flexibility to take them off and allow public schools to close in observance of the holidays.

The measure, which overwhelmingly passed the state Assembly and is awaiting Senate action, would recognize Eid al-Fitr and Eid al-Adha in state law and could soon head to Democratic Gov. Gavin Newsom’s desk.

Assembly Bill 2017, introduced by Democratic San Francisco Assemblymember Matt Haney, passed the Assembly 64-1 in...
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Blumenthal urges House to pass Russia sanctions amid "extreme urgency" in Ukraine

  • News source: Politics - CBSNews.com
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Washington — Democratic Sen. Richard Blumenthal of Connecticut on Sunday urged the House to approve the Senate-passed Russia sanctions bill amid a "moment of extreme urgency" in the war in Ukraine.

"It is a moment of extreme urgency, for the reason that Putin may try to escalate, but also because Putin is on his heels economically," Blumenthal said on "Face the Nation with Margaret Brennan." "And this kind of sanctions bill, throttling the flow of revenue to his war machine could undercut completely his ability to wage this brutal, murderous war."...
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8/30: Face The Nation

  • News source: Politics - CBSNews.com
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This week on "Face the Nation with Margaret Brennan," Sen. Richard Blumenthal, who is recently back from the Ukraine region, joins to discuss the latest. Plus, with five years having passed since the U.S. withdrawal from Afghanistan, a former Afghan general shares his story of the dramatic flight from the country.
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Trump indicates support for Christian-backed plan to help Canadian Jews escape antisemitism

  • News source: FOX News
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  • Views: 9
Jewish Canadians facing rising antisemitism might have President Donald Trump's support for an expedited legal pathway into the United States.

Trump shared a report on the plan Sunday with his millions of followers on Truth Social, amplifying the appeal as Christian lawmakers and religious leaders press his administration to act because of a "disproportionate" amount of antisemitic incidents north of the U.S. border.

The National Association of Christian Lawmakers (NACL) founder and President Jason Rapert told Fox News Digital from Israel on Sunday...
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Massive AI boom puts one of America’s oldest manufacturers on path to double in size, CEO says

  • News source: FOX News
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  • Views: 8
The race to build more data centers for artificial intelligence is driving demand for more than chips and electricity.

It also requires vast networks of high-speed optical fiber to move data between servers, putting one of America’s oldest manufacturers at the center of the boom.

Corning, the New York-based company best known to many Americans for its kitchenware and smartphone glass, is ramping up optical-fiber production as the data-center buildout accelerates. Nearly 175 years after its founding, the company is supplying a critical piece of the...
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Russia says it helped to repel Niger attempted coup

  • News source: BBC News - World
  • Replies: 0
  • Views: 12
Soldiers tried to attack a key military base early on Saturday morning, authorities say, but were thwarted.
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At least 37 dead and hundreds evacuated after strike on Kyiv weapons depot

  • News source: BBC News - World
  • Replies: 0
  • Views: 8
An investigation has begun into the storage of weapons for Ukraine's military near a residential area.
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Head teacher evacuated 900 children minutes before Nepal floods hit school

  • News source: BBC News - World
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  • Views: 10
Rajendra Dawadi leapt into action after receiving warnings over waters heading towards his school.
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Footage of Tibet floods isn't being shown in China - and we know little about victims there

  • News source: BBC News - World
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  • Views: 9
Some of the most dramatic footage from the deadly flash flooding is hidden from public view in China.
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Trump just brokered a deal with the country sitting atop the world’s largest oil reserves

  • News source: FOX News
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  • Views: 13
President Donald Trump’s new oil agreement with Venezuela could give the United States access to a 65 billion-barrel crude-oil prize — an energy-security win, even if drivers are unlikely to see benefits quickly.

The deal announced Friday would give the U.S. a stake in 17 Venezuelan oil fields holding an estimated 65 billion barrels of crude, according to Venezuela’s government.

Venezuela controls more than 300 billion barrels of crude reserves, roughly 20% of the world’s total. It is the largest oil stockpile on the planet, exceeding even Saudi...
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Transcript: Rep. John James on "Face the Nation with Margaret Brennan," Aug. 30, 2026

  • News source: Politics - CBSNews.com
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The following is the transcript of the interview with Rep. John James, Republican of Michigan, that aired on "Face the Nation with Margaret Brennan" on Aug. 30, 2026.

MARGARET BRENNAN: And we're back with Michigan Congressman John James, who is also the Republican nominee for governor in his state. He joins us from Rockford, Michigan. Good morning to you, Congressman.

REP. JOHN JAMES: Hey, Margaret. Good morning. Thank you so much for having me on. I'm really excited because in a state like Michigan, we have the most extreme ticket running with...
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Transcript: Sen. Richard Blumenthal on "Face the Nation with Margaret Brennan," Aug. 30, 2026

  • News source: Politics - CBSNews.com
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The following is the transcript of the interview with Sen. Richard Blumenthal, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on Aug. 30, 2026.

MARGARET BRENNAN: And we turn now to Democratic Senator Richard Blumenthal, who joins us from Westport, Connecticut. Good morning to you, Senator.

SENATOR RICHARD BLUMENTHAL: Good morning. Thanks for having me, Margaret.

MARGARET BRENNAN: Well, I understand that there was the deadly- deadliest attack that we have seen so far this year in Ukraine. Their officials say...
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