Following Nicolás Maduro's January 2026 capture by U.S. forces, interim President Delcy Rodríguez has prioritized stabilization, institutional reforms, and political dialogue over a rapid presidential vote. Venezuela's National Assembly has explicitly ruled out near-term elections, citing the need to restore conditions for competitive participation, media access, and opposition involvement. Opposition voices, including María Corina Machado allies, have floated windows of nine to ten months or before the end of the current U.S. presidential term, while protests in mid-2026 highlighted public pressure for a timeline. Under the 1999 constitution, the six-year term framework leaves the next election date dependent on negotiation progress and reform milestones, shaping trader assessments of scheduling deadlines.