This market asks: On 1 April 2026, who is the de facto executive authority in Caracas? In other words: who actually exercises top executive control over the Venezuelan state apparatus in the capital (command over key ministries, security forces in Caracas, and the practical ability to issue/execute executive orders).

Resolution Sources (General media reliable sources & Wikipedia)

Use reliable general media reporting and Wikipedia as the primary reference points for who is described as holding executive power in Caracas on the resolution date.

Interpretation rules:

1. 1) “Representative” is broad (party affiliation/candidacy counts).
   For “United Socialist Party of Venezuela (PSUV) representative” / “Opposition representative,” the person does not need to be the formal party chair/secretary-general (or hold any specific party office). It’s sufficient if reliable media or Wikipedia commonly describe them in terms like “the PSUV candidate,” “the PSUV-backed leader,” “the opposition’s candidate/leader,” “the opposition-backed president,” or similar language indicating they are the relevant political standard-bearer.

2. “Military junta” must be explicit.
   This option requires that reliable sources describe the executive authority as an explicit military junta / military government / junta-led regime (or clearly equivalent phrasing).
   It is not enough that the leader is a current/former military officer, or that the military is influential, or that a civilian government is heavily backed by the armed forces. The governing structure must be identified as a junta in substance and in description.

3. Contested has to be significant

   Reliable sources must describe the de facto situation to be contested. A leader who the Hague doesn't recognize but who clearly controls the instruments of power will not resolve contested. If it looks similar to Syria did a year ago, that's contested.

4. “US Government” must be explicit USG control, not influence.
   This option resolves only if credible sources describe the executive authority in Caracas as the U.S. government itself (or an official U.S. governmental body) exercising direct governing power there.
   It does not include: a Venezuelan actor backed by the U.S., widely labeled “U.S.-backed,” “U.S.-supported,” or “a puppet,” unless sources explicitly identify the governing authority as the US government rather than a local proxy/ally.

I will bet on this market (after probs stabilize)