IBOV 205,082.56 ▲ 0.47% IPSA 10,746.36 ▼ 0.31% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,540.10 ▲ 0.46% BVL PERÚ 57,021.19 ▲ 0.13% USD/BRL4.99▲ 0.31% USD/MXN18.73▲ 0.32% USD/CLP994.76— 0.00% USD/COP3,153▲ 0.73% USD/PEN3.43▼ 0.48% USD/ARS1,529▼ 0.02% USD/UYU40.08— 0.00% USD/PYG5,760— 0.00% USD/BOB11.78— 0.00% USD/DOP61.01▼ 0.18% USD/CRC452.44— 0.00% USD/GTQ7.64— 0.00% USD/HNL26.87— 0.00% USD/NIO36.62— 0.00% USD/VES885.08▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72— 0.00% EUR/BRL5.59▼ 0.37% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 205,082.56 ▲ 0.47% IPSA 10,746.36 ▼ 0.31% IPC MEX 69,879.62 ▼ 0.01% MERVAL 3,017,221 — — COLCAP 2,540.10 ▲ 0.46% BVL PERÚ 57,021.19 ▲ 0.13% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Monday, October 26, 2026

Mexico Latin America

Mexico’s Election Chief to Resign on 26 Oct

By · October 26, 2026 · 6 min read
Aerial view of the Legislative Palace of San Lázaro in Mexico City, with its large green bronze relief of the national coat of arms and a Mexican flag
Photo: ProtoplasmaKid / Wikimedia Commons (CC BY-SA 4.0)

MEXICO · POLITICS

Key Facts

  • —What is happening Guadalupe Taddei, president of Mexico’s national electoral institute INE, announced on Sunday, 25 October 2026, that she will resign and file her resignation with the Chamber of Deputies on Monday.
  • —Why it matters The INE runs Mexico’s elections, and the vote on Sunday, 6 June 2027 fills 19,609 posts, including 500 federal deputies and 17 governorships. Its leader is leaving about seven months before that.
  • —The numbers Outlets report INE contracts with the suppliers in question of 198 million pesos (US$10.6 million) in 2024 and at least 240 million pesos (US$12.8 million) in tenders. The figures differ, and none is proven.
  • —Who is who Taddei has led the INE since April 2023. The Superior Audit Office (ASF) is Congress’s auditor, and the Chamber of Deputies must name her permanent successor.
  • —What to watch Whether the Chamber accepts the resignation and names a successor, which councillor serves as interim, and what the ASF audit of INE contracts finds.
  • —Power Index Mexico ranks 2nd of 14 in The Rio Times Latin America Power Index, with 71.4 points (October 2026 edition).
  • —What it means for you Travel and trade are not affected so far. Anyone following Mexico’s 2027 midterms should watch whether the INE keeps its election calendar.

The head of the agency that runs Mexico’s elections says she is stepping down. Auditors are examining supplier contracts.

Guadalupe Taddei, president of Mexico’s National Electoral Institute (INE), said on Sunday, 25 October, that she will resign. She plans to hand her resignation to the Chamber of Deputies on Monday, 26 October.

The INE organises Mexico’s federal elections, and the next one is on Sunday, 6 June 2027. Her exit follows reported claims of conflicts of interest in INE contracts, which she calls unverified.

What Taddei Said

Taddei called the reports “trascendidos, montajes, filtraciones y versiones”, meaning hearsay, set-ups, leaks and versions that must still be verified. She said she is leaving to protect the institute, according to the INE statement of 25 October.

She added that her exit does not excuse anyone from clarifying the facts. She also said she has served the electoral system for 33 years, the same INE statement says.

On Saturday, 24 October, the INE presidency said it would cooperate with the ASF and sent its files to internal oversight. It added that it had itself asked for an audit of its tender processes.

Wide marble lobby of the San Lázaro legislative palace with wooden ceiling, large murals on both walls and visitors walking
The lobby of the Legislative Palace of San Lázaro. File photo, not the resignation. Photo: ProtoplasmaKid / Wikimedia Commons (CC BY-SA 4.0)

What Is Alleged

Reforma reported on 19 October, as relayed by Expansión, that Taddei’s driver is legal representative of Corporativo Zeg, an INE supplier. Excélsior says Zeg and a second firm, Cajas Graf, hold INE contracts that raised questions.

El Financiero reports videos showing Taddei with businessman José Alfredo Hernández Casillas. Excélsior calls him an INE electoral supplier who owns firms with INE contracts.

Excélsior puts his firms’ INE contracts at 198 million pesos (US$10.6 million) for 2024. El Financiero says he holds at least 240 million pesos (US$12.8 million) in INE tenders.

Reforma, as relayed by El Imparcial, says the finance ministry’s financial intelligence unit (UIF) investigated both firms and froze their accounts. These are reports, not court findings, and conversions here use about 18.72 pesos per US$ on 26 October 2026.

What the Audit Office Is Doing

Excélsior and Tribuna de la Bahía report that the ASF opened an investigation on its own initiative on Friday, 23 October. It covers the INE, local electoral bodies, public officials and suppliers.

Neither report finds Taddei or any company liable. Tribuna de la Bahía notes that the claims do not yet amount to a finding of administrative or criminal responsibility.

How Politicians Reacted

President Claudia Sheinbaum asked the INE around 20 October to clarify the contracts, Expansión and El Imparcial reported. El Financiero adds that she said there must be “no shadow of corruption”.

Party representatives on the INE General Council asked her to explain and to leave her post, El Financiero reported. Ricardo Monreal, Morena’s leader in the Chamber of Deputies, asked the INE’s internal control body to investigate, El Imparcial reported.

Who Replaces Her

The Chamber of Deputies, Mexico’s lower house, appointed Taddei in April 2023 for nine years, INE and Tribuna de la Bahía say. Excélsior says the Constitution has the Chamber name a replacement to finish the term.

Meanwhile the ten remaining councillors could elect one of themselves as interim president by majority vote, Excélsior and Expansión reported. No successor has been officially named.

In Plain English

The INE is Mexico’s independent election agency, and its president chairs an 11-member General Council. The council oversees the 2026-2027 process that began on 10 September, according to Uno TV.

The ASF is the audit arm of Congress, and the UIF is the finance ministry’s financial intelligence unit. Neither has found Taddei guilty of anything.

What It Means for US Readers

Mexico is a close neighbour and trading partner of the United States, so its election agency matters to investors. No effect on travel, trade or the peso has been reported.

The INE says its work toward the 2027 midterms continues as planned. Background is in the Mexico politics explainer and in the earlier report on the INE council warning.

See also the April vote on three new councillors, the Mexico explainer and the Mexico section. Each gives context on who holds power in Mexico City.

What Is Not Known

No outlet found by this newsroom confirms yet that the resignation has been filed or accepted. Taddei said in the INE statement she would file it on Monday, 26 October.

No successor or interim president is named, and the ASF has published no findings. The contract totals also differ between outlets, at 198 million and 240 million pesos.

The ASF release itself was not opened, so the audit rests on Excélsior and Tribuna de la Bahía. No reply from Hernández Casillas, the driver or the two firms was found.

What Comes Next

The next step is the filing in the Chamber of Deputies and the choice of an interim president. The ASF audit then continues, and the electoral process runs toward the vote on 6 June 2027.

The resignation does not prove any wrongdoing, and it does not end the audit. Taddei herself said the facts must still be clarified.

Frequently Asked Questions

Who is Guadalupe Taddei?

She is the president of Mexico’s National Electoral Institute, which runs federal elections. She took office in April 2023 and announced on 25 October that she will resign.

Why is she resigning?

She says she wants to protect the institute’s stability and independence. The ASF is examining reported conflicts of interest in INE contracts, which she calls unverified.

Has anyone been found guilty?

No. Reports describe allegations and investigations. No court or audit finding against Taddei or any company has been published.

Who will lead the INE now?

The other councillors could pick an interim president by majority vote. The Chamber of Deputies must then name a permanent successor.

Does this affect the 2027 elections?

The INE says its work continues as planned toward Sunday, 6 June 2027. The vote fills 19,609 posts, including 500 federal deputies.

Sources: INE, message of 25 October; INE, statement of 24 October; El Financiero, 25 October; El Financiero, the controversies; Excélsior, 25 October; Expansión, 25 October; Expansión, 20 October; El Imparcial, 20 October; Tribuna de la Bahía, 25 October; Zeta Tijuana, 25 October; Uno TV, 10 September; exchange rate from open.er-api.com, 26 October 2026 (all accessed 26 October 2026).

RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.