A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week.

President Donald Trump says he plans to offer a “gold card” visa with a path to citizenship for $5 million, replacing a 35-year-old visa for investors.

The new visa would replace the EB-5 program, which offers U.S. visas to investors who spent around $1 million on an American company that employs at least 10 people. Other nations offer similar “golden visas.

U.S. President Donald Trump's $5 million so-called 'gold card' visa program is unlikely to trigger a major inflow of wealthy global investors seeking U.S. citizenship because of concerns over higher taxes,

The decision departs from a century of tradition in which a pool of independent news organizations go where the chief executive does and holds him accountable on behalf of regular Americans.

The White House said on Tuesday it would decide which media organizations participate in the press pool that covers the president, wresting control away from the group of journalists that has done so for decades.

The Trump White House is trying to short-circuit the Associated Press' lawsuit against the administration by altering the decades-old protocols over which news outlets band together to cover the president when space is limited.