This report, divided into three main sections, examines the political and economic situation in Venezuela and U.S.-Venezuelan relations. The first two sections describe the environment under various political leaders including President Hugo Chávez (1999-2013) and President Nicolás Maduro. The third section examines U.S. relations with Venezuela, including the imposition of sanctions on Venezuelan officials, and selected issues in U.S. relations--democracy and human rights, energy, counternarcotics, and terrorism concerns.