Luke Vargas

The acting president of Venezuela, Delcy Rodriguez, has unveiled a new bill aimed at loosening the state's iron grip on its oil industry, a move aimed at repairing relations with Washington and attracting investment from U.S.

energy companies.

President Trump has pressed American producers to quickly pour $100 billion into Venezuela, but journal reporter Kajal Vias says that analysts feel the new bill falls short of what's needed to unlock such investments.

Meanwhile, a resolution to rein in President Trump's powers to wage war in Venezuela was narrowly defeated in the House yesterday after a tied vote of 215 to 215.

That's after Republican leaders hustled to bring a Texas lawmaker back to D.C.

to cast the deciding vote.

The resolution would have prohibited U.S.

troops from being deployed in Venezuela without authorization by Congress.

The Senate had previously advanced and then rejected a similar measure after threats from Trump.

Good news for roughly two in three Americans.

TikTok officially isn't going anywhere.

The company has formally inked a joint venture, allowing it to keep operating in the U.S., ending a years-long fight over whether to ban the video-sharing app on national security grounds.

And joining me to break down this deal, shifting operations of TikTok to American investors, and to recap the rollercoaster ride that got us here, is the journal's Stu Wu.

Stu, walk us through the details of this deal.

Who's getting what exactly?

And this, Stu, is important given some of the concerns that had existed around the sort of black box of how TikTok works.

All right.

Let's see if security hawks, members of Congress feel that that 20 percent bite dance stake is something they can live with going forward.

I noted that President Trump thanked Chinese leader Xi Jinping for making this deal happen.

We report this whole arrangement had been approved by both the U.S.