CARACAS – Supporters of Venezuela’s opposition have long awaited the day when Nicolás Maduro would no longer hold power. That aspiration seemed to come true when U.S. military forces captured the authoritarian leader, who now faces drug trafficking charges in a New York jail. Despite this significant development, key figures from Maduro’s oppressive regime remain in power.

For years, Venezuela’s opposition, with backing from both Republican and Democratic U.S. administrations, pledged to swiftly replace Maduro with one of their own leaders to restore democracy in the oil-rich nation. However, former U.S. President Donald Trump dealt a setback to these plans by allowing Maduro’s vice president, Delcy Rodríguez, to take the reins.

As it stands, many prominent opposition figures, including Nobel Peace Prize laureate María Corina Machado, are either in exile or imprisoned.

“The Trump administration appeared unimpressed by the opposition’s somewhat fantastical notion that merely removing Maduro would instantly usher in democracy,” commented David Smilde, a Tulane University professor with three decades of experience studying Venezuela.

The U.S. military operation took place on Saturday, during which Maduro and his wife, Cilia Flores, were extracted from their residence on a military base in Caracas. Following the operation, Trump announced that the U.S. would “run” Venezuela, while expressing doubt about Machado’s potential as a future leader of the country.

“She doesn’t have the support within, or the respect within, the country,” Trump told reporters. “She’s a very nice woman, but she doesn’t have the respect.”

Ironically, Machado’s unending praise for the American president, including dedicating her Nobel Peace Prize to Trump and her backing of U.S. campaigns to deport Venezuelan migrants and attack alleged drug traffickers in international waters, has lost her some support at home.

The rightful winner of Venezuela’s presidential election

Machado rose to become Maduro’s strongest opponent in recent years, but his government barred her from running for office to prevent her from challenging — and likely beating — him in the 2024 presidential election. She chose retired ambassador Edmundo González Urrutia to represent her on the ballot.

Officials loyal to the ruling party declared Maduro the winner mere hours after the polls closed, but Machado’s well-organized campaign stunned the nation by collecting detailed tally sheets showing González had defeated Maduro by a 2-to-1 margin.

The U.S. and other nations recognized González as the legitimate winner.

However, Venezuelans identify Machado, not González, as the winner, and the charismatic opposition leader has remained the voice of the campaign, pushing for international support and insisting her movement will replace Maduro.

In her first televised interview since Maduro’s capture, Machado effusively praised Trump and failed to acknowledge his snub of her opposition movement in the latest transition of power.

“I spoke with President Trump on Oct. 10, the same day the prize was announced, not since then,” she told Fox News on Monday. “What he has done as I said is historic, and it’s a huge step toward a democratic transition.”

Hopes for a new election

U.S. Secretary of State Marco Rubio on Sunday seemed to walk back Trump’s assertion that the U.S. would “run” Venezuela. In interviews, Rubio insisted that Washington will use control of Venezuela’s oil industry to force policy changes, and called its current government illegitimate. The country is home to the world’s largest proven crude oil reserves.

Neither Trump nor Rodríguez have said when, or if, elections might take place in Venezuela.

Venezuela’s constitution requires an election within 30 days whenever a president becomes “permanently unavailable” to serve. Reasons listed include death, resignation, removal from office or “abandonment” of duties as declared by the National Assembly. That electoral timeline was rigorously followed when Maduro’s predecessor, Hugo Chávez, died of cancer in 2013.

On Tuesday, U.S. Sen. Lindsey Graham, a close Trump ally who traveled with the president on Air Force One on Sunday, said he believes an election will happen but did not specify when or how.

“We’re going to build the country up – infrastructure wise – crescendoing with an election that will be free,” the South Carolina Republican told reporters.

But Maduro loyalists in the high court Saturday, citing another provision of the constitution, declared Maduro’s absence “temporary” meaning there is no election requirement. Instead, the vice president — which is not an elected position — takes over for up to 90 days, with a provision to extend to six months if approved by the National Assembly, which is controlled by the ruling party.

Challenges lie ahead for the opposition

In its ruling, Venezuela’s Supreme Court made no mention of the 180-day limit, leading to speculation that Rodríguez could try to cling to power as she seeks to unite ruling party factions and shield it from what would certainly be a stiff electoral challenge.

Machado on Monday criticized Rodríguez as “one the main architects of torture, persecution, corruption, narco-trafficking … certainly not an individual that can be trusted by international investors.”

Even if an election takes place, Machado and González would first have to find a way back into Venezuela.

González has been in exile in Spain since September 2024 and Machado left Venezuela last month when she appeared in public for the first time in 11 months to receive her Nobel Prize in Norway.

Ronal Rodríguez, a researcher at the Venezuela Observatory in Colombia’s Universidad del Rosario, said the Trump administration’s decision to work with Rodríguez could harm the nation’s “democratic spirit.”

“What the opposition did in the 2024 election was to unite with a desire to transform the situation in Venezuela through democratic means, and that is embodied by María Corina Machado and, obviously, Edmundo González Urrutia,” he said. “To disregard that is to belittle, almost to humiliate, Venezuelans.”