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President-Elect Sheinbaum To Meet AMLO To Discuss Political Transition

MEXICO
  • President-elect Claudia Sheinbaum’s coalition will hold 372 seats out of 500 in the lower house and 83 seats out of 128 in the Senate, the leader of the Morena said yesterday, leaving it just short of a supermajority in the upper house. Sheinbaum is due to meet with President Andres Manuel Lopez Obrador today to discuss the political transition.
  • Meanwhile, Altagracia Gomez, a business adviser to Sheinbaum said that the President-elect will seek consensus in Congress on a series of constitutional reforms, adding that high level discussions to be held in the coming months will help to allay concerns. He said it was not time to fast-track things, but to present priorities and discuss them.
  • On the data front, the calendar is light today, with focus this week on tomorrow’s industrial production figures for April.

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