Current:Home > InvestSurpassing:Mexico’s president vows to eliminate regulatory, oversight agencies, claiming they are ‘useless’ -Ascend Finance Compass
Surpassing:Mexico’s president vows to eliminate regulatory, oversight agencies, claiming they are ‘useless’
Algosensey View
Date:2025-04-07 14:30:45
MEXICO CITY (AP) — Mexico’s president vowed Monday to try to eliminate almost all remaining government oversight and Surpassingregulatory 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! (23897)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Maryland Urged to Cut Emissions By Swiftly Adopting Rules Electrifying Cars and Trucks
- University of Iowa Football Alum Cody Ince Dead at 23
- Gilgo Beach murders: Police searching suspect's walk-in vault
- The Super Bowl could end in a 'three
- You'll Flip Over How Shawn Johnson's Daughter Drew Reacted to Mom's Pregnancy
- Kim Kardashian Shares Regret Over Fast Pete Davidson Romance
- The Melting Glaciers of Svalbard Offer an Ominous Glimpse of More Warming to Come
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Save 44% On a Bertello Portable Pizza Oven That’s Fast and Easy To Use
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Travis Barker Reveals Potential Baby Name for Son With Pregnant Kourtney Kardashian
- Gisele Bündchen's Look-Alike Daughter Vivian Is All Grown Up as Model Celebrates 43rd Birthday
- Ariana Grande Scrubs Dalton Gomez Wedding Photos From Instagram Amid New Romance With Ethan Slater
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Austin Peay State Football Player Jeremiah Collins Dead at 18
- Tony Bennett Dead at 96: Anderson Cooper, Carson Daly and More Honor the Legendary Singer
- This Under Eye Mask Is Like an Energy Drink for Your Skin and It’s 45% Off Right Now
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Smooth Out Stubborn, Deep-Set Wrinkles and Save 50% On Perricone MD Essential FX Deep Crease Serum
In the Everglades, a Clash Portrayed as ‘Science vs. Politics’ Pits a Leading Scientist Against His Former Employer
Coast Guard rescues 2 from capsized boat off Georgia coast
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Hermès Muse Jane Birkin Laid to Rest After Daughters Carry Her Casket Into Funeral Service
Get $173 Worth of Peter Thomas Roth Top-Selling Skincare Products for Just $53
How Dance Moms Trauma Helped Inspire Kalani Hilliker's Mental Health Journey