IBOV 173,787 ▼ 0.73% IPSA 10,788 ▼ 1.00% IPC MEX 68,588 ▼ 0.40% MERVAL 3,166,407 ▲ 2.49% COLCAP 2,176.90 ▼ 0.26% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.04 ▼ 0.16% USD/MXN 17.33 ▲ 0.13% USD/CLP 888.00 ▼ 0.33% USD/COP 3,687 ▲ 0.96% USD/PEN 3.40 ▼ 0.29% USD/ARS 1,409 ▼ 0.07% USD/UYU 40.13 ▲ 1.48% USD/PYG 5,998 ▲ 0.75% USD/BOB 6.86 ▲ 1.86% USD/DOP 58.15 ▲ 0.09% USD/CRC 451.23 ▲ 2.15% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.63 ▲ 0.46% USD/NIO 36.62 ▲ 0.31% USD/VES 553.04 ▲ 3.56% USD/PAB 1.00 ▲ 2.24% USD/BZD 2.00 ▲ 1.68% USD/JMD 156.42 ▲ 0.82% USD/TTD 6.75 ▲ 1.47% EUR/BRL 5.87 ▼ 0.15% BRENT 94.16 ▲ 2.29% WTI 90.66 ▲ 3.78% IRON ORE 161.91 — — COPPER 6.54 ▲ 2.89% GOLD 4,539 ▼ 0.48% SILVER 76.05 ▲ 0.57% SOY 1,192 ▲ 0.40% CORN 446.00 ▼ 0.17% WHEAT 613.75 ▲ 0.53% COFFEE 268.95 ▲ 1.26% SUGAR 14.39 ▲ 2.35% ORANGE JUICE 158.80 ▼ 5.84% COTTON 77.20 ▲ 1.38% COCOA 4,003 ▲ 2.04% BEEF 239.05 ▼ 4.28% CATTLE 348.43 ▼ 1.30% LITHIUM 87.15 ▼ 0.40% PETR4 42.00 ▼ 1.20% VALE3 82.82 ▼ 1.36% ITUB4 40.04 ▲ 0.10% BBDC4 17.70 ▼ 1.12% ABEV3 16.32 ▲ 0.18% BBAS3 20.30 ▼ 1.41% B3SA3 16.50 — 0.00% WEGE3 44.10 ▲ 0.87% PRIO3 62.25 ▼ 1.14% SUZB3 41.91 ▲ 0.53% RENT3 42.02 ▼ 1.87% AZZA3 19.31 ▼ 2.72% CSAN3 3.80 ▼ 3.55% RAIZ4 0.36 ▲ 5.88% PCAR3 1.86 ▼ 5.10% GMAT3 4.27 ▲ 3.14% PSSA3 48.31 ▲ 0.06% CVCB3 1.50 ▼ 6.25% POSI3 4.07 ▼ 1.69% SLCE3 15.50 ▼ 2.52% NATU3 9.95 ▼ 1.49% BRKM5 10.46 ▼ 6.02% RANI3 8.02 ▲ 1.01% CSNA3 6.71 ▼ 1.32% CMIN3 4.66 ▼ 0.85% USIM5 11.08 ▲ 4.04% GGBR4 22.77 ▼ 3.11% ENEV3 25.63 ▲ 2.52% NEOE3 33.80 — 0.00% CPFE3 43.39 ▲ 0.84% CMIG4 10.76 ▼ 2.62% EQTL3 38.55 ▲ 0.92% LREN3 14.90 ▼ 0.67% VIVT3 33.82 ▲ 0.65% RAIL3 13.72 ▼ 0.94% KLABIN 16.67 — 0.00% RAIA DROGASIL 18.69 ▼ 1.37% RDOR3 34.02 ▼ 1.31% HAPV3 12.15 ▼ 2.64% FLRY3 15.39 ▼ 2.22% SMTO3 16.98 ▼ 1.05% UGPA3 25.87 ▼ 3.86% VBBR3 29.75 ▼ 3.75% BBSE3 35.40 ▲ 2.37% BPAC11 53.75 ▼ 1.01% CURY3 31.73 ▼ 1.40% AERI3 2.29 ▼ 1.29% VIVARA 21.84 ▼ 1.40% COMPASS 26.77 ▼ 0.82% VAMOS 3.06 ▼ 4.08% SANB11 27.16 ▼ 0.22% ASAI3 8.75 ▼ 2.56% SBSP3 27.95 ▼ 0.75% WALMEX 52.48 ▲ 0.04% GMEXICO 214.29 ▲ 0.39% FEMSA 206.62 ▼ 1.53% CEMEX 22.77 ▲ 0.26% GFNORTE 180.63 ▼ 2.44% BIMBO 59.69 ▲ 1.50% TELEVISA 9.33 ▼ 3.72% AMX 22.08 ▼ 1.43% GAP 407.34 ▼ 1.53% ASUR 296.27 ▼ 1.45% OMA 217.77 ▼ 0.33% KOF 187.08 ▲ 0.74% GRUMA 291.39 ▼ 0.73% KIMBER 38.40 ▲ 0.39% SQM-B 76,200 ▲ 1.10% COPEC 6,323 ▼ 3.61% BSANTANDER 70.00 ▼ 1.96% FALABELLA 5,700 ▼ 2.98% ENELAM 78.00 ▼ 1.25% CENCOSUD 2,099 ▼ 3.72% CMPC 1,066 ▼ 4.82% BANCO CHILE 167.66 ▼ 2.81% LATAM AIR 24.10 ▲ 1.43% YPF 78,350 ▲ 1.65% GGAL 7,495 ▲ 3.59% PAMPA 5,095 ▲ 2.16% TXAR 692.50 ▲ 3.28% ALUAR 1,019 ▲ 1.39% TGS 9,135 ▲ 0.05% CEPU 2,356 ▲ 4.43% MIRGOR 16,950 ▲ 1.04% COME 49.36 ▲ 4.82% LOMA NEGRA 3,593 ▲ 2.50% BYMA 296.75 ▲ 1.37% TELECOM ARG 4,328 ▲ 5.55% ECOPETROL 14.62 ▼ 1.02% BANCOLOMBIA 68.59 ▼ 0.87% GRUPO AVAL 4.61 ▼ 1.71% CREDICORP 342.63 ▲ 0.33% SOUTHERN COPPER 191.30 ▼ 1.84% BUENAVENTURA 36.89 ▲ 5.37% MERCADOLIBRE 1,696 ▲ 0.01% NUBANK 13.13 ▲ 0.61% XP 16.67 ▼ 1.71% PAGSEGURO 9.35 ▲ 0.21% STONE 11.45 ▲ 1.06% GLOBANT 40.43 ▲ 1.25% TECNOGLASS 43.09 ▼ 2.53% GAP AIRPORT 236.30 ▼ 0.76% ASUR 296.27 ▼ 1.45% OMA AIRPORT 100.32 ▼ 0.40% AMX ADR 25.40 ▼ 1.53% FEMSA ADR 119.03 ▼ 1.51% CEMEX ADR 13.10 ▲ 0.27% PETROBRAS ADR 18.77 ▼ 0.32% VALE ADR 16.25 ▼ 1.81% ITAU ADR 7.88 — 0.00% SANTANDER BR 5.45 — 0.00% AMBEV ADR 3.21 ▲ 0.31% CSN 1.35 ▼ 1.10% GERDAU 4.50 ▼ 3.23% LATAM ADR 53.68 ▲ 1.04% BTC 72,652 ▼ 1.26% ETH 1,982 ▼ 1.11% SOL 81.00 ▼ 1.58% XRP 1.30 ▼ 2.04% BNB 701.40 ▼ 1.01% ADA 0.23 ▼ 1.82% DOGE 0.10 ▼ 0.16% AVAX 8.85 ▼ 1.23% LINK 9.01 ▼ 1.27% DOT 1.17 ▼ 1.54% LTC 51.00 ▼ 1.93% BCH 284.20 ▼ 6.01% TRX 0.35 ▼ 0.04% XLM 0.26 ▲ 1.84% HBAR 0.09 ▼ 2.09% NEAR 2.33 ▲ 0.28% ATOM 1.94 ▼ 0.77% AAVE 81.17 ▼ 1.07% SELIC 14.50% EMBRAER 73.38 ▼ 0.30% EMBRAER ADR 57.75 ▼ 1.11% JBS 12.47 ▼ 3.63% JBS BDR 61.00 ▼ 6.20% MBRF3 16.01 ▼ 1.72% MBRFY 3.08 ▼ 4.64% INTER 6.17 ▼ 2.68% IBOV 173,787 ▼ 0.73% IPSA 10,788 ▼ 1.00% IPC MEX 68,588 ▼ 0.40% MERVAL 3,166,407 ▲ 2.49% COLCAP 2,176.90 ▼ 0.26% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.04 ▼ 0.16% USD/MXN 17.33 ▲ 0.13% USD/CLP 888.00 ▼ 0.33% USD/COP 3,687 ▲ 0.96% USD/PEN 3.40 ▼ 0.29% USD/ARS 1,409 ▼ 0.07% USD/UYU 40.13 ▲ 1.48% USD/PYG 5,998 ▲ 0.75% USD/BOB 6.86 ▲ 1.86% USD/DOP 58.15 ▲ 0.09% USD/CRC 451.23 ▲ 2.15% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.63 ▲ 0.46% USD/NIO 36.62 ▲ 0.31% USD/VES 553.04 ▲ 3.56% USD/PAB 1.00 ▲ 2.24% USD/BZD 2.00 ▲ 1.68% USD/JMD 156.42 ▲ 0.82% USD/TTD 6.75 ▲ 1.47% EUR/BRL 5.87 ▼ 0.15% BRENT 94.16 ▲ 2.29% WTI 90.66 ▲ 3.78% IRON ORE 161.91 — — COPPER 6.54 ▲ 2.89% GOLD 4,539 ▼ 0.48% SILVER 76.05 ▲ 0.57% SOY 1,192 ▲ 0.40% CORN 446.00 ▼ 0.17% WHEAT 613.75 ▲ 0.53% COFFEE 268.95 ▲ 1.26% SUGAR 14.39 ▲ 2.35% ORANGE JUICE 158.80 ▼ 5.84% COTTON 77.20 ▲ 1.38% COCOA 4,003 ▲ 2.04% BEEF 239.05 ▼ 4.28% CATTLE 348.43 ▼ 1.30% LITHIUM 87.15 ▼ 0.40% PETR4 42.00 ▼ 1.20% VALE3 82.82 ▼ 1.36% ITUB4 40.04 ▲ 0.10% BBDC4 17.70 ▼ 1.12% ABEV3 16.32 ▲ 0.18% BBAS3 20.30 ▼ 1.41% B3SA3 16.50 — 0.00% WEGE3 44.10 ▲ 0.87% PRIO3 62.25 ▼ 1.14% SUZB3 41.91 ▲ 0.53% RENT3 42.02 ▼ 1.87% AZZA3 19.31 ▼ 2.72% CSAN3 3.80 ▼ 3.55% RAIZ4 0.36 ▲ 5.88% PCAR3 1.86 ▼ 5.10% GMAT3 4.27 ▲ 3.14% PSSA3 48.31 ▲ 0.06% CVCB3 1.50 ▼ 6.25% POSI3 4.07 ▼ 1.69% SLCE3 15.50 ▼ 2.52% NATU3 9.95 ▼ 1.49% BRKM5 10.46 ▼ 6.02% RANI3 8.02 ▲ 1.01% CSNA3 6.71 ▼ 1.32% CMIN3 4.66 ▼ 0.85% USIM5 11.08 ▲ 4.04% GGBR4 22.77 ▼ 3.11% ENEV3 25.63 ▲ 2.52% NEOE3 33.80 — 0.00% CPFE3 43.39 ▲ 0.84% CMIG4 10.76 ▼ 2.62% EQTL3 38.55 ▲ 0.92% LREN3 14.90 ▼ 0.67% VIVT3 33.82 ▲ 0.65% RAIL3 13.72 ▼ 0.94% KLABIN 16.67 — 0.00% RAIA DROGASIL 18.69 ▼ 1.37% RDOR3 34.02 ▼ 1.31% HAPV3 12.15 ▼ 2.64% FLRY3 15.39 ▼ 2.22% SMTO3 16.98 ▼ 1.05% UGPA3 25.87 ▼ 3.86% VBBR3 29.75 ▼ 3.75% BBSE3 35.40 ▲ 2.37% BPAC11 53.75 ▼ 1.01% CURY3 31.73 ▼ 1.40% AERI3 2.29 ▼ 1.29% VIVARA 21.84 ▼ 1.40% COMPASS 26.77 ▼ 0.82% VAMOS 3.06 ▼ 4.08% SANB11 27.16 ▼ 0.22% ASAI3 8.75 ▼ 2.56% SBSP3 27.95 ▼ 0.75% WALMEX 52.48 ▲ 0.04% GMEXICO 214.29 ▲ 0.39% FEMSA 206.62 ▼ 1.53% CEMEX 22.77 ▲ 0.26% GFNORTE 180.63 ▼ 2.44% BIMBO 59.69 ▲ 1.50% TELEVISA 9.33 ▼ 3.72% AMX 22.08 ▼ 1.43% GAP 407.34 ▼ 1.53% ASUR 296.27 ▼ 1.45% OMA 217.77 ▼ 0.33% KOF 187.08 ▲ 0.74% GRUMA 291.39 ▼ 0.73% KIMBER 38.40 ▲ 0.39% SQM-B 76,200 ▲ 1.10% COPEC 6,323 ▼ 3.61% BSANTANDER 70.00 ▼ 1.96% FALABELLA 5,700 ▼ 2.98% ENELAM 78.00 ▼ 1.25% CENCOSUD 2,099 ▼ 3.72% CMPC 1,066 ▼ 4.82% BANCO CHILE 167.66 ▼ 2.81% LATAM AIR 24.10 ▲ 1.43% YPF 78,350 ▲ 1.65% GGAL 7,495 ▲ 3.59% PAMPA 5,095 ▲ 2.16% TXAR 692.50 ▲ 3.28% ALUAR 1,019 ▲ 1.39% TGS 9,135 ▲ 0.05% CEPU 2,356 ▲ 4.43% MIRGOR 16,950 ▲ 1.04% COME 49.36 ▲ 4.82% LOMA NEGRA 3,593 ▲ 2.50% BYMA 296.75 ▲ 1.37% TELECOM ARG 4,328 ▲ 5.55% ECOPETROL 14.62 ▼ 1.02% BANCOLOMBIA 68.59 ▼ 0.87% GRUPO AVAL 4.61 ▼ 1.71% CREDICORP 342.63 ▲ 0.33% SOUTHERN COPPER 191.30 ▼ 1.84% BUENAVENTURA 36.89 ▲ 5.37% MERCADOLIBRE 1,696 ▲ 0.01% NUBANK 13.13 ▲ 0.61% XP 16.67 ▼ 1.71% PAGSEGURO 9.35 ▲ 0.21% STONE 11.45 ▲ 1.06% GLOBANT 40.43 ▲ 1.25% TECNOGLASS 43.09 ▼ 2.53% GAP AIRPORT 236.30 ▼ 0.76% ASUR 296.27 ▼ 1.45% OMA AIRPORT 100.32 ▼ 0.40% AMX ADR 25.40 ▼ 1.53% FEMSA ADR 119.03 ▼ 1.51% CEMEX ADR 13.10 ▲ 0.27% PETROBRAS ADR 18.77 ▼ 0.32% VALE ADR 16.25 ▼ 1.81% ITAU ADR 7.88 — 0.00% SANTANDER BR 5.45 — 0.00% AMBEV ADR 3.21 ▲ 0.31% CSN 1.35 ▼ 1.10% GERDAU 4.50 ▼ 3.23% LATAM ADR 53.68 ▲ 1.04% BTC 72,652 ▼ 1.26% ETH 1,982 ▼ 1.11% SOL 81.00 ▼ 1.58% XRP 1.30 ▼ 2.04% BNB 701.40 ▼ 1.01% ADA 0.23 ▼ 1.82% DOGE 0.10 ▼ 0.16% AVAX 8.85 ▼ 1.23% LINK 9.01 ▼ 1.27% DOT 1.17 ▼ 1.54% LTC 51.00 ▼ 1.93% BCH 284.20 ▼ 6.01% TRX 0.35 ▼ 0.04% XLM 0.26 ▲ 1.84% HBAR 0.09 ▼ 2.09% NEAR 2.33 ▲ 0.28% ATOM 1.94 ▼ 0.77% AAVE 81.17 ▼ 1.07% SELIC 14.50% EMBRAER 73.38 ▼ 0.30% EMBRAER ADR 57.75 ▼ 1.11% JBS 12.47 ▼ 3.63% JBS BDR 61.00 ▼ 6.20% MBRF3 16.01 ▼ 1.72% MBRFY 3.08 ▼ 4.64% INTER 6.17 ▼ 2.68%
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Monday, June 1, 2026

Brazil Politics and Society

Lula’s New Congress Chief Faces Escala 6×1 Test

By · April 15, 2026 · 3 min read

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Key Points

Deputy José Guimarães (PT-CE) was sworn in Tuesday as minister of the Secretaria de Relações Institucionais, replacing Gleisi Hoffmann, who left to run for the Senate in Paraná. Paulo Pimenta was named the new government leader in the Câmara.

Guimarães’s immediate priority is steering Lula’s escala 6×1 bill through Congress—a proposal to reduce the standard work week to five days and 40 hours without pay cuts, which the Planalto has adopted as its central campaign promise for October.

The bill faces resistance from business groups and governors, with Minas Gerais Governor Zema calling it “PT populism.” Câmara President Hugo Motta has signaled caution, and Guimarães caused friction before taking office by prematurely signaling a strategy change.

Lula’s new political operator took office on Tuesday with a mandate to pass the most popular and most opposed labor reform in Brazilian politics. The clock runs until October.

José Guimarães took the oath as Lula’s new minister of institutional relations on Tuesday afternoon at the Planalto, inheriting the government’s congressional negotiating apparatus six months before an election that will determine whether the president wins a fourth term. The Rio Times, the Latin American financial news outlet, reports that Guimarães replaces Gleisi Hoffmann, who left the cabinet on April 4 to pursue a Senate seat in Paraná under the electoral desincompatibilização deadline, and that his first assignment is the escala 6×1 bill—a proposal to end the six-day work week that Lula has made the centerpiece of his re-election platform.

The José Guimarães Escala 6×1 Challenge

The bill, authored by deputies Reginaldo Lopes (PT-MG) and Erika Hilton (PSOL-SP), would reduce the standard work week to 40 hours across five days without salary reductions. Guimarães called it “one of the most modern measures with great impact on the Brazilian economy” and said it “is not a partisan question but concerns the lives of Brazilians.” The Planalto plans to send it to Congress as a projeto de lei with urgency status, meaning it would jump the legislative queue.

Lula’s New Congressional Chief Takes Office With the Escala 6×1 Bill as His First and Biggest Test. (Photo Internet reproduction)

The resistance is already organized. Minas Gerais Governor Romeu Zema called the proposal “PT populism,” and business associations have warned that mandating a shorter week without flexibility would raise labor costs across sectors still absorbing the impact of a 14.75% Selic rate. Câmara President Hugo Motta has been cautious, and a miscommunication last week—when Guimarães prematurely told Motta the government would drop the urgency request—forced the Planalto to publicly reaffirm its original strategy.

The Broader Reshuffle

Guimarães’s appointment triggered a chain of moves. Paulo Pimenta (PT-RS), former Secom minister and coordinator of the Rio Grande do Sul reconstruction effort, was named the new government leader in the Câmara. Guimarães himself had been serving as Câmara leader and had planned to run for the Senate in Ceará—a candidacy now abandoned, requiring the PT to restructure its slate in the state.

Beyond the 6×1 bill, Guimarães inherits three additional high-stakes legislative files: the PEC da Segurança Pública, the regulation of app-based work, and the Senate confirmation of Jorge Messias as the next Supreme Court justice, with the sabatina scheduled for April 19. In his swearing-in speech, he pledged “permanent dialogue with Congress” and spoke of the need to “defeat fascism”—a framing that signals the government views the October election as existential.

The Election-Year Calculus

The escala 6×1 is popular with voters and toxic with employers—the precise combination that makes it potent campaign material and difficult legislation. Lula needs it to pass, or at least advance far enough to claim credit, before the election shuts down the congressional calendar. Guimarães’s track record as a veteran PT negotiator and his good relationship with Motta, who publicly praised him as having “excellent relations even with the opposition,” suggest the Planalto believes the bill can be moved—but the tight polling against Flávio Bolsonaro means there is no margin for a legislative defeat on the government’s flagship promise.

Related Coverage: Datafolha: Flávio 46% vs Lula 45% in First Numerical ReversalBrazil Inflation 2026 Guide

Read More from The Rio Times

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