Mexico’s electoral institute has voted to give the governing Morena party and its allies about 73% of seats in the lower house of Congress, even though the coalition won only about 60% of the votes in the June 2 elections. The ruling Friday would give the governing party the two-thirds majority it needs to change Mexico's constitution.
Security personnel stand at a federal court as unionized federal court workers gather outside to strike over reforms that would make all judges stand for election in Mexico City, Monday, Aug. 19, 2024. The sign reads in Spanish “Judging is not a popularity issue. Stop the lies. The judiciary is an honest power.
But the law also stipulates that the proportional seats can’t be used to give any party a majority in Congress. While it is unlikely Morena and its allies will be given a two-thirds majority in the Senate, whose approval is also needed for constitutional changes, the coalition will probably be just a couple of seats short in that body and could feasibly win the needed votes from a smaller party.
On Tuesday, Morgan Stanley downgraded its recommendation for investing in Mexico, saying the changes would “increase risk.” In an analysis report, Citibanamex warned that passage of the proposal could end in the “cancellation of liberal democracy.”Among other constitutional proposals, Morena is pushing a change that would essentially do away with all of Mexico’s independent oversight and regulatory bodies.
Mexico Government General News Latin America Andres Manuel Lopez Obrador I Constitutions Elections World News Claudia Sheinbaum Government Regulations Courts Politics
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