Results for: US-Mexico Relations

Proposed judicial reforms in Mexico, aimed at increasing popular control over the judiciary, have sparked international criticism and financial market instability. The reforms, championed by outgoing President Andrés Manuel López Obrador and backed by his successor Claudia Sheinbaum, would significantly alter the structure and selection process of judges, drawing concerns about politicization and undermining the independence of the judiciary.

The Mexican peso rebounded on Wednesday after a sharp selloff triggered by a temporary diplomatic pause with the U.S. and Canada. However, concerns persist among investors regarding President López Obrador’s proposed judicial reform, which aims to subject judges to popular elections. This reform has drawn criticism for potentially jeopardizing the judiciary’s independence and increasing corruption risks.