Juan Guaidó conducts a session of the Venezuelan National Assembly. Photo: Federico Parra/AFP/Getty Images

Venezuela's Maduro regime announced on Thursday that it is barring opposition leader and National Assembly leader Juan Guaidó from holding public office for 15 years, AP reports.

The state of play: Per AP, the Venezuelan government cited alleged irregularities in Guaidó's financial records as a reason for his removal from office. Guaidó was reportedly under investigation by the government earlier this month for an alleged attack on Venezuela's power grid.

The big picture: The Trump administration has repeatedly called the physical safety of Guaidó, who has yet to respond to Maduro's announcement, a "red line."

  • National Security Adviser John Bolton said in January that any violence against the National Assembly or Guaidó "would signify a grave assault on the rule of law and will be met with a significant response.”
  • Sen. Lindsey Graham told Axios in January that Trump mused to him about the possibility of using military force in Venezuela.

Go deeper: Inside Trump's Venezuela policy pivot

Go deeper

U.S. economy sees record growth in third quarter

The U.S. economy grew at a 33.1% annualized pace in the third quarter, the Commerce Department said on Thursday.

The state of play: The record growth follows easing of the coronavirus-driven lockdowns that pushed the economy to the worst-ever contraction — but GDP still remains well below its pre-pandemic level.

Updated 29 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — Fauci says U.S. may not return to normal until 2022
  2. Politics: Space Force's No. 2 general tests positive for coronavirus
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases
  4. Europe faces "stronger and deadlier" wave France imposes lockdown Germany to close bars and restaurants for a month.
  5. Sports: Boston Marathon delayed MLB to investigate Dodgers player who joined celebration after positive COVID test.
Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Investors have nowhere to hide

Photo: Jeenah Moon/Getty Images

The massive losses in oil prices and U.S. and European equities were not countered by gains in traditional safe-haven assets on Wednesday.

Why it matters: The unusual movement in typical hedging tools like bonds, precious metals and currencies means they are not providing investors an asset that will appreciate in the event of a major equity selloff.