Current:Home > MarketsMexico’s president vows to eliminate regulatory, oversight agencies, claiming they are ‘useless’ -Quantum Capital Pro
Mexico’s president vows to eliminate regulatory, oversight agencies, claiming they are ‘useless’
View
Date:2025-04-12 21:34:11
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! (767)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Feel like you have huge pores? Here's what experts say you can do about it.
- Coco Gauff’s record at the Paris Olympics is perfect even if her play hasn’t always been
- Federal Reserve is edging closer to cutting rates. The question will soon be, how fast?
- North Carolina justices rule for restaurants in COVID
- As Wildfire Season Approaches, Phytoplankton Take On Fires’ Trickiest Emissions
- Stock market today: Asian stocks track Wall Street gains ahead of central bank meetings
- Back-to-back meteor showers this week How to watch Delta Aquarids and Alpha Capricornids
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- MLB trade deadline rumors heat up: Top players available, what to know
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Liberty University, Jerry Falwell Jr. settle legal and personal disputes
- Colts owner Jim Irsay makes first in-person appearance since 2023 at training camp
- Swarm of dragonflies startles beachgoers in Rhode Island
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- 'A phoenix from the ashes': How the landmark tree is faring a year after Maui wildfire
- Former NRA chief says appointing a financial monitor would be ‘putting a knife’ into the gun group
- Why Fans Think Pregnant Katherine Schwarzenegger Hinted at Sex of Baby No. 3
Recommendation
Nevada attorney general revives 2020 fake electors case
MLB trade deadline rumors heat up: Top players available, what to know
Sliding out of summer: Many US schools are underway as others have weeks of vacation left
Porsche, MINI rate high in JD Power satisfaction survey, non-Tesla EV owners happier
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Arab American leaders are listening as Kamala Harris moves to shore up key swing-state support
USWNT dominates in second Paris Olympics match: Highlights from USA's win over Germany
Krispy Kreme: New Go USA doughnuts for 2024 Olympics, $1 doughnut deals this week