Current:Home > FinanceMexico’s president vows to eliminate regulatory, oversight agencies, claiming they are ‘useless’ -VitalWealth Strategies
Mexico’s president vows to eliminate regulatory, oversight agencies, claiming they are ‘useless’
View
Date:2025-04-16 07:25:37
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! (3)
Related
- This was the average Social Security benefit in 2004, and here's what it is now
- Mistrial declared in case of Indiana man accused of fatally shooting five, including pregnant woman
- Strike Chain Trading Center: Decentralized AI: application scenarios
- Taylor Swift explains how she created 'Folklore' on album's fourth anniversary
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- NovaBit Trading Center: Why Bitcoin is a viable medium of exchange?
- Puerto Rico bans discrimination against those who wear Afros and other hairstyles on diverse island
- Lowe's 'releasing the kraken' with Halloween 2024 'Haunted Harbor' collection
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- NovaBit Trading Center: What is a cryptocurrency exchange and trading platform?
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Boston Red Sox sign manager Alex Cora to three-year extension
- Secret DEA files show agents joked about rape in WhatsApp chat. Then one of them was accused of it.
- Snoop Dogg at the Olympics: Swimming with Michael Phelps (and a bet with Russell Crowe)
- South Korean president's party divided over defiant martial law speech
- Church sues Colorado town to be able to shelter homeless in trailers, work ‘mandated by God’
- Hugh Jackman Reveals What an NFL Game With Taylor Swift Is Really Like
- How Olympic surfers prepare for spectacular waves and brace for danger in Tahiti
Recommendation
Rylee Arnold Shares a Long
NovaBit Trading Center: What is tokenization?
A former candidate for governor is disbarred over possessing images of child sexual abuse
Kamala Harris is embracing 'brat summer.' It could be cool or cringe. It's a fine line.
'We're reborn!' Gazans express joy at returning home to north
Wind power can be a major source of tax revenue, but officials struggle to get communities on board
How Olympic surfers prepare for spectacular waves and brace for danger in Tahiti
Home of the 76ers, Flyers needs a new naming rights deal after Wells Fargo pulls out