The funding aims to address worsening shortages.
Havana dismisses an invasion as unlikely but warns it will be prepared.
The president claims he can "do anything" as pressure on Havana intensifies.
Around 10 million have been left without electricity.
He said this while speaking at a news conference in Doral, Florida.
Havana says a US-registered vessel opened fire off their coast.
Havana says supplies will run out this week as the United States moves tighten pressure on oil flows.
The president vows to halt all Venezuelan oil and money flows to the island, prompting defiant response from Cuban leaders.
With Nicolás Maduro captured, Washington's rhetoric turns toward Havana as a long-standing alliance is thrown into crisis.
Western provinces hit by widespread outage amid ongoing fuel shortages.
Over half a million evacuated in Cuba as the "storm of the century" hits the Caribbean.
Cuba's deputy prime minister and one of the country's most seasoned statesmen.
A nationwide power outage strikes, exacerbating an already dire situation in Cuba.