The president-elect has promised wide consultations with stakeholders in the judiciary ahead of the reforms.
Mexico’s first female president-elect, Claudia Sheinbaum, is determined to push forward with constitutional and judicial reforms. Despite concerns that have caused market volatility and weakened the peso, Sheinbaum remains steadfast in her commitment to a constitutional overhaul.
During her recent news conference, Sheinbaum announced plans to replace appointed Supreme Court judges with popularly elected officials as one of the first steps in the reform process. Critics fear that these reforms may significantly alter the balance of power in Mexico, but Sheinbaum has assured wide consultations with various stakeholders, including bar associations, law professors, and judicial authorities.
With her coalition securing a two-thirds majority in the lower house, Sheinbaum is well-positioned to pass the reforms. She is set to take office on October 1, with the Congress convening in early September. This timeline may provide a window for outgoing president Andres Manuel Lopez Obrador to push through the reforms before handing over power.
Despite concerns about the impact on financial markets, Sheinbaum believes the reforms will not have a negative effect. However, the peso has weakened since her election victory, reflecting some uncertainty among investors.