IBOV 169,029.02 ▼ 1.16% IPC MEX 69,182.39 ▼ 0.76% MERVAL 2,848,945 — — USD/BRL5.40▲ 0.92% USD/MXN18.84▲ 1.09% USD/CLP990.22▲ 0.24% USD/COP3,165▲ 0.50% USD/PEN3.46▲ 0.28% USD/ARS1,538▼ 0.24% USD/UYU40.10▲ 3.30% USD/PYG5,838▲ 3.76% USD/BOB12.05▲ 4.53% USD/DOP60.36▲ 0.43% USD/CRC451.45▲ 2.55% USD/GTQ7.64▲ 3.31% USD/HNL26.87▲ 0.27% USD/NIO36.62▼ 0.02% USD/VES886.67▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.42% USD/TTD6.70▲ 2.01% EUR/BRL6.03▲ 1.24% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99% IBOV 169,029.02 ▼ 1.16% IPC MEX 69,182.39 ▼ 0.76% MERVAL 2,848,945 — — USD/BRL 5.34 ▼ 1.32% USD/MXN 18.69 ▲ 0.62% USD/CLP 983.47 ▼ 0.57% USD/COP 3,149 ▲ 3.06% USD/PEN 3.45 ▲ 0.17% USD/ARS 1,537 ▼ 0.28% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 60.54 ▲ 1.83% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.95 ▲ 7.53% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99%
since 2009
Thursday, October 29, 2026

Mexico Latin America

15 Officials Quit Mexico’s Election Agency

By · October 29, 2026 · 5 min read
The Instituto Nacional Electoral headquarters in Mexico City, a white five-storey building with the institute's name above wide steps and a few people walking toward it
Photo: ProtoplasmaKid / Wikimedia Commons (CC BY-SA 4.0)

MEXICO · ELECTIONS

Key Facts

  • Power Index Mexico ranks 2nd of 14 in The Rio Times Latin America Power Index, with 71.4 points (October 2026 edition).
  • What is happening Fifteen officials have quit Mexico’s National Electoral Institute (INE) since its president, Guadalupe Taddei, resigned on 26 October.
  • Why it matters The INE runs Mexico’s 2027 federal election, covering the lower house of Congress and 17 governorships.
  • The numbers Of 15 resignations, 12 were voluntary from the president’s office and three were requested by the General Council.
  • Who is who Blanca Cruz, an INE councillor, is provisional president; Taddei led the INE from 2023 until 26 October.
  • What to watch Watch the Chamber of Deputies’ choice of a permanent INE president, which could take four to five weeks.
  • What it means for you No travel or trade rules change, but investors should watch who becomes permanent INE president.

Fifteen officials linked to former president Guadalupe Taddei have left Mexico’s national election authority. Auditors are examining its contracts, and no wrongdoing has been proven.

Fifteen officials at Mexico’s National Electoral Institute (INE), which runs federal elections, have resigned since its president quit. Provisional president Blanca Cruz gave the count at a press conference on Wednesday, 28 October.

The exits follow press reports of conflicts of interest in INE contracts, which are unproven and now under audit. For US readers, the stakes are the stability of a top US trade partner and its 2027 midterm vote.

What Happened at the INE

Guadalupe Taddei, who led the INE as council president, sent her resignation to the Chamber of Deputies, effective Monday, 26 October. The next day the INE’s ruling board, the General Council, unanimously named councillor Blanca Yassahara Cruz García provisional president.

On Tuesday, 27 October, Cruz announced that three unit heads had left, covering gender equality, informatics and material resources. By Wednesday she said the total would add up to 15 at that moment, all staff linked to Taddei.

Cruz said 12 of the 15 resignations were voluntary and came from the president’s office, while the General Council requested three. Carlos Daniel Luna Rosas, head of that office, is among those who left.

What Is Alleged and Who Is Investigating

The Superior Audit Office of the Federation (ASF), Congress’s audit body, opened its own investigation into INE contracting on Friday, 23 October. It said it has preliminary indications of possible conflicts of interest, collusion and resource triangulation, meaning funds routed through intermediary firms.

Press reports allege ties between Taddei and electoral suppliers, which no authority has confirmed. Taddei denied favouritism in contracts and said the presidency takes no direct part in awarding them.

The INE’s internal control body, its in-house watchdog, has open inquiries, which Monreal says have run for about six months. No findings have been published, and the INE says it will cooperate with the ASF.

Cruz said the INE will ask its internal control body whether any departing officials are under investigation. Severance may be withheld until any inquiry ends, and she said no one should be prejudged.

Why the Resignations Matter

The INE is the independent agency that organises Mexico’s federal elections, and its leadership is changing mid-process. Cruz said the 2026-2027 process continues on schedule, with 32 state boards and 300 district boards in place.

The Chamber of Deputies must name a permanent president to serve until 2032, the end of Taddei’s term. Ricardo Monreal, floor leader of the governing Morena party in the Chamber, estimated the process could take four to five weeks.

President Claudia Sheinbaum, of Morena, backed Taddei’s decision to step aside on 26 October and said the case must be investigated. She also asked the ASF to keep up its reviews and present conclusions.

Aerial view of the Legislative Palace of San Lázaro in Mexico City, a large green relief with the national eagle between two dark brick wings and a Mexican flag at right
The Legislative Palace of San Lázaro, seat of Mexico’s Chamber of Deputies, in an aerial photo from 2025. The photo does not show the resignations. Photo: ProtoplasmaKid / Wikimedia Commons (CC BY-SA 4.0)
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

What It Means for You

No travel, trade or tariff rule is affected by the resignations, as far as the sources reviewed show. The INE says the election calendar is unchanged, so the main effect is on political risk, not on daily business.

Investors and companies with Mexican operations should watch who the Chamber names as permanent president. That person will referee the 2027 midterms, in which the Chamber of Deputies and 17 governorships are up for election.

Earlier reports: Mexico’s Election Chief to Resign on 26 Oct and What the Election Chief’s Exit Means for Next Year’s Vote. More is on the Mexico hub and the Mexico City page.

What Is Not Known

The sources reviewed name only some of the 15 officials and do not say which three the General Council requested. It is not known whether more staff will leave, though Cruz said on Tuesday that further resignations were possible.

No result of the audit or of the internal inquiries has been published, and no one has been charged. It is also not known when the Chamber will name a permanent president, since four to five weeks is only an estimate.

Frequently Asked Questions

Why are INE officials resigning?

They are staff linked to former INE president Guadalupe Taddei, who resigned on 26 October. Press reports allege conflicts of interest in INE contracts, but nothing is proven.

Who is investigating the INE?

The Superior Audit Office of the Federation (ASF), Congress’s auditor, opened an investigation into INE contracting on 23 October. The INE’s internal control body also has open inquiries.

Does this affect Mexico’s 2027 elections?

The INE says the 2026-2027 election process continues on schedule. The Chamber of Deputies must still name a permanent president, which could take four to five weeks.

Who runs the INE now?

Blanca Cruz, an INE councillor, was named provisional president on 27 October. She leads the General Council until the Chamber of Deputies names a permanent president.

Sources: National Electoral Institute (INE), statements of provisional president Blanca Cruz, 27 and 28 October; Superior Audit Office of the Federation (ASF), announcement of 23 October; Chamber of Deputies, receipt of Taddei’s resignation, 26 October (accessed 29 October 2026).

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.