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1. Chamber of Deputies Approves Reform to the Judiciary

The Chamber of Deputies of Mexico has approved the judicial reform with 359 votes in favor and 135 against. This reform, part of President López Obrador’s proposed package, includes the popular election of judges and magistrates, amending Article 95 of the Constitution. Supreme Court justices will be elected by a free and secret vote, and their terms will be reduced from 15 to 12 years.

The reform also introduces a rotating presidency in the Supreme Court every two years, based on votes rather than being elected by the justices. Additionally, it proposes replacing the Federal Judicial Council with the Judicial Discipline Tribunal and the Judicial Administration Body, composed of five members appointed by the Senate, the Executive Branch, and the Supreme Court. The bill has been sent to the Senate for final review.

CNN: Cámara de Diputados aprueba en lo general la reforma al Poder Judicial en México

El Economista: Diputados aprueban en lo particular la reforma judicial; pasa a la Cámara de Senadores

2. Sixth and Final Government Report

On Sunday, Andrés Manuel López Obrador presented his sixth and final government report at the Zócalo in Mexico City, highlighting the country’s economic growth following an 8.5% decline in 2020 due to the pandemic. He claimed that since 2021, Mexico has grown by an average of 3.4% annually, with GDP increasing since 2021, though experts suggest annual growth might only be 1% by the end of his term.

The president also noted a 121% increase in the minimum wage since December 2018 and defended the judicial reform aimed at the popular election of judges, despite controversy. While protests at the Angel of Independence opposed the reform, López Obrador held a public consultation at the Zócalo, receiving strong support for the popular election of judges. He also claimed that IMSS-Bienestar is now the most effective health system in the world.

El Financiero: De ‘un mejor sistema de salud que Dinamarca’ a una consulta popular: Así fue el último informe de AMLO
Infobae:  Así se vivió el sexto informe de AMLO; Compromisos cumplidos, porcentajes engañosos y agradecimiento al pueblo

3. Impact of Judicial Reform on Mexican Economy

The International Chamber of Commerce (ICC) has warned that the judicial reform could undermine investor confidence and trigger international arbitrations against Mexico. The ICC highlighted that the Federal Judiciary has been crucial in preventing arbitrary and costly decisions for the country. It urged Congress to proceed cautiously to maintain legal stability and attract global investments, especially in the context of “nearshoring.”

Meanwhile, the dollar has gained ground against the peso, trading at 20.03 units, a 0.5% loss from the previous day. Although the peso slightly reversed its depreciation to 19.95 units per dollar midway through the day, the exchange rate is expected to fluctuate between 19.90 and 20.05 pesos per dollar. Market uncertainty continues to rise in response to the judicial reform, which will be discussed in the Senate next week.

Expansión: Empresas internacionales advierten arbitrajes contra México por Reforma Judicial

El Pais: La reforma judicial sacude al peso que rompe la barrera de las 20 unidades por dólar

4. Government Acknowledges Segalmex Case

In the case of corruption at Seguridad Alimentaria Mexicana (Segalmex), damage to the public budget has been confirmed at 2.7 billion pesos, 28% of the 9.5 billion pesos observed. Roberto Salcedo Aquino, head of the Secretariat of Public Function, reported that 4.7 billion pesos have been clarified, 2.1 billion pesos are under analysis, and criminal charges have been filed for the 2.7 billion pesos not clarified.

President Andrés Manuel López Obrador presented the Segalmex case report as the “only act of corruption” in his administration. A total of 156 criminal charges have been filed, and 47 former public officials are under investigation. Manuel Lozano Jiménez, former commercial director, is detained in Argentina, and his extradition has been requested. The recovery of 955 million pesos, illegally invested, has also been highlighted.

Aristegui Noticias: Este es el ‘caso de corrupción’ del sexenio de AMLO con 9,500 millones en posible daño patrimonial

La Jornada: Gobierno reconoce 2.7 mil mdp en daño patrimonial por caso Segalmex

5. Local Congresses Sworn In, Morena Achieves Majority in CDMX

In the installation of the Third Legislature of the Congress of Mexico City, Morena and its allies secured a qualified majority with 46 legislators. The inaugural session, presided over by Deputy Gerardo Villanueva Albarrán, marks a new political chapter for the capital, establishing firm control in the legislative body.

Simultaneously, local legislatures in Nuevo León, Chihuahua, Nayarit, Morelos, Sonora, Baja California Sur, Durango, Guerrero, Yucatán, Quintana Roo, State of Mexico, Hidalgo, and Tabasco have begun their work. These new legislative periods reflect a renewed political dynamic in the states, highlighting diversity and plurality in the national political landscape.

Milenio: Inicia la III Legislatura en Congreso CdMx; Morena logra mayoría calificada