Mexico's outgoing president vows to pursue changes to Constitution despite market nervousness
Mexico’s outgoing president has pledged to press ahead with judicial reforms despite nervousness among investors, and suggestions from his own handpicked successor that he should wait
MEXICO CITY (AP) — Mexico’s outgoing president pledged Friday to press ahead with j udicial reforms despite nervousness among investors and suggestions from his own handpicked successor that he should go slow.
President Andrés Manuel López Obrador said he would pursue 20 constitutional changes after his Morena party won a two-thirds majority in Congress in Sunday’s elections, including making all judges run for election and enshrining a series of unfunded benefit mandates in the Constitution.
Sunday's elections ensured that Claudia Sheinbaum, the candidate of López Obrador's Morena party, will be the next president. Sheinbaum had spent most of the week talking to international financial organizations and investors, trying to calm markets after a 10% drop in the value of the peso.
She suggested Thursday the reforms had not yet been decided and should be subject to dialogue.
