IBOV 167,921.80 ▼ 0.75% IPC MEX 69,779.20 ▼ 0.01% MERVAL 92,079 ▼ 2.59% USD/BRL5.44▲ 1.17% USD/MXN18.79▼ 0.39% USD/CLP993.12▲ 0.49% USD/COP3,232▲ 2.08% USD/PEN3.47▲ 0.16% USD/ARS1,534▼ 0.29% USD/UYU40.19▲ 3.18% USD/PYG5,965▲ 5.35% USD/BOB12.07▲ 3.37% USD/DOP60.42▲ 0.50% USD/CRC451.45▲ 2.56% USD/GTQ7.64▲ 3.29% USD/HNL26.88▲ 0.49% USD/NIO36.62— 0.00% USD/VES887.03▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 2.89% USD/TTD6.71▲ 2.13% EUR/BRL6.08▲ 2.03% 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 167,921.80 ▼ 0.75% IPC MEX 69,779.20 ▼ 0.01% MERVAL 92,079 ▼ 2.59% 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%
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Sunday, November 1, 2026

Latin America Mexico

Sheinbaum Cements Another Constitutional Reform in Mexico

By · April 13, 2026 · 3 min read

Key Facts

— — Mexico’s “Plan B” electoral reform has been ratified by 20 of 32 state legislatures, crossing the two-thirds threshold required for constitutional amendments. The Cámara de Diputados approved it 343–124, and state ratification was completed in under 24 hours.

— — The reform bans reelection for elected officials, prohibits nepotism in public institutions, eliminates “golden pensions” for electoral officials, caps salaries and benefits for electoral councilors and magistrates at or below the president’s, limits municipal councils to 15 members, and caps state congress budgets at 0.7% of state spending.

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— — The reform simplifies voting procedures for the 2027 judicial election and modifies Articles 115, 116, and 134 of the Constitution. Opposition parties PAN and PRI voted against it, calling the speed of ratification a “legislative steamroller.” State legislatures must harmonize local laws by May 30, 2026.

President Claudia Sheinbaum confirmed on Friday that Mexico’s Plan B electoral reform had been ratified by 20 state congresses—surpassing the constitutional threshold of 17—and declared it “already constitutional,” as reported by El Financiero, La Jornada, La Razón, and Vanguardia. Tabasco was the first state to approve it, in an overnight session within hours of the Cámara de Diputados’ 343–124 vote. Most state legislatures convened extraordinary sessions to fast-track ratification, with several completing the process in under 10 minutes. The reform now returns to the Senate for a formal constitutional declaration before publication in the Diario Oficial de la Federación.

What the Reform Does

The six core provisions target what Sheinbaum calls “privileges” in Mexico’s electoral and legislative apparatus. First, it bans reelection for all elected officials—a reversal of the 2014 reform that had allowed consecutive terms for legislators. Second, it prohibits nepotism in public institutions, barring officials from hiring relatives. Third, it eliminates “golden pensions” (pensiones doradas) for electoral council members and magistrates. Fourth, it caps the salaries, bonuses, and private medical insurance of electoral officials at or below the president’s own compensation, in line with the constitutional austerity principle established under López Obrador. Fifth, it limits municipal councils (regidurías) to a maximum of 15 members. Sixth, it caps state congress operating budgets at 0.7% of total state expenditure, forcing downsizing in legislatures that currently consume a larger share.

Sheinbaum Cements Another Constitutional Reform in Mexico.

The reform also simplifies voting procedures for the 2027 judicial election—the follow-up to López Obrador’s controversial judicial overhaul that introduced popular election of judges—by reducing the number of candidates on the ballot. It modifies Articles 115 (municipal governance), 116 (state governance), and 134 (austerity in public spending) of Mexico’s Constitution. State legislatures must harmonize their local legal frameworks with the reform by May 30, 2026.

What It Doesn’t Do

Notably, the approved version does not include the original proposal to modify the timing windows for revocación de mandato (recall referendums), which Sheinbaum had initially sought. Analysts had warned that the recall provision could have been used as a political tool in 2027. The Senate stripped that element before sending the bill to the Cámara, and the lower chamber approved it without reinstating the change. Sheinbaum acknowledged the omission, saying “the essence of the Plan B we sent was approved.”

The Opposition’s Objection

PAN and PRI legislators voted unanimously against the reform in the Cámara, and opposition governors criticized the speed of state ratification—17 states approved within 24 hours, most in extraordinary sessions convened specifically for the vote. The opposition argues the reform concentrates power in the executive, weakens independent electoral institutions by slashing their budgets and compensation, and was rammed through without adequate debate. Morena and its allies counter that the reform fulfills a mandate from the 2024 election, where they won a supermajority on an explicit austerity and anti-privilege platform. The practical effect is clear: seven months into her presidency, Sheinbaum has embedded another structural change into Mexico’s constitutional architecture—one that reshapes municipal governance, state legislatures, electoral administration, and judicial elections simultaneously. Reversing it would require a future government to assemble the same two-thirds supermajority that Morena currently commands. That is, by design, extremely unlikely.

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

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