Current:Home > MarketsMexico’s president vows to eliminate regulatory, oversight agencies, claiming they are ‘useless’ -TradeWise
Mexico’s president vows to eliminate regulatory, oversight agencies, claiming they are ‘useless’
View
Date:2025-04-18 08:32:19
MEXICO CITY (AP) — Mexico’s president vowed Monday to try to eliminate almost all remaining government oversight and regulatory agencies before he leaves office on Sept. 30, claiming they are “useless” and cost too much.
“There are a lot of wasteful agencies that do not serve any purpose,” President Andrés Manuel López Obrador said. “All of these supposedly autonomous agencies have to disappear.”
He vowed to send a bill to Congress to eliminate the federal anti-monopoly commission and agencies regulating telecommunications, the energy market and access to government information.
The president has accused the anti-monopoly commission of trying to block his efforts to increase the power of government-owned oil and energy companies. He has claimed the information access agency processes too many freedom of information requests from the public.
It is unclear whether López Obrador has the votes in Congress to make the changes. Most of the agencies are enshrined in the Constitution, and changing it requires a two-thirds vote.
López Obrador’s dislike of any kind of oversight, including separation of powers, has been a hallmark of his administration.
He has sought to cut funds for the judicial branch and eliminated requirements for environmental impact statements on government projects. He cut funds for the electoral watchdog organization and sought to limit its powers to enforce electoral rules.
López Obrador had previously mentioned his desire to eliminate external oversight agencies in 2020.
The watchdog groups were created by López Obrador’s predecessors, often to regulate areas that were once state-dominated, like the oil and electricity industries. Those sectors were opened to private competition, something López Obrador also opposes.
veryGood! (795)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Family of man found dead with a rope around neck demands answers; sheriff says no foul play detected
- WNBA MVP odds: Favorites to win 2024 Most Valuable Player award
- 'Sacred': Cherokee name in, Confederate general out for Tennessee's highest mountain
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Jimmy Carter receives Holbrooke award from Dayton Literary Peace Prize Foundation
- Newly released Coast Guard footage shows wreckage of Titan submersible on ocean floor
- A news site that covers Haitian-Americans is facing harassment over its post-debate coverage of Ohio
- Arkansas State Police probe death of woman found after officer
- Veteran CIA officer who drugged and sexually assaulted dozens of women gets 30 years in prison
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Eva Mendes Shares Her and Ryan Gosling's Kids Are Not Impressed With Her Movies
- A former officer texted a photo of the bloodied Tyre Nichols to his ex-girlfriend
- Sean Diddy Combs' Alleged Texts Sent After Cassie Attack Revealed in Sex Trafficking Case
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Orioles DFA nine-time All-Star closer Craig Kimbrel right before MLB playoffs
- Pharrell Williams slammed as 'out of touch' after saying he doesn't 'do politics'
- Why Sean Diddy Combs No Longer Has to Pay $100 Million in Sexual Assault Case
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Maternal deaths surged in Texas in 2020, 2021
Travis Kelce’s Jaw-Droppingly Luxe Birthday Gift to Patrick Mahomes Revealed
Endangered sea corals moved from South Florida to the Texas Gulf Coast for research and restoration
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Baker Mayfield says Bryce Young's story is 'far from finished' following benching
Senate panel OKs action against Steward Health Care CEO for defying subpoena
Leave your finesse at the door: USC, Lincoln Riley can change soft image at Michigan