IBOV 178,000.24 — 0.00% IPSA 11,049.58 ▲ 0.30% IPC MEX 66,700.17 ▼ 0.35% MERVAL 3,274,443 — 0.00% COLCAP 2,384.67 ▼ 0.31% BVL PERÚ 57,378.30 — — USD/BRL5.08▼ 0.16% USD/MXN17.28▼ 0.32% USD/CLP918.35▼ 0.77% USD/COP3,230▲ 3.09% USD/PEN3.38▼ 0.41% USD/ARS1,494▲ 0.54% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.03▲ 1.54% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO36.62▲ 1.01% USD/VES750.21▲ 0.32% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.19— 0.00% USD/TTD6.74▲ 0.40% EUR/BRL5.85▼ 0.03% BRENT 81.42 ▼ 2.81% WTI 77.43 ▼ 3.62% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.14% GOLD 4,126 ▲ 2.28% SILVER 59.55 ▲ 3.26% SOY 1,181 ▲ 1.03% CORN 469.25 ▲ 4.45% WHEAT 643.25 ▼ 1.19% COFFEE 322.65 ▲ 0.99% SUGAR 15.20 ▲ 1.27% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.90 ▲ 0.68% COCOA 5,838 ▼ 1.70% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.41 ▲ 0.27% PETR4 43.05 ▼ 0.85% VALE3 74.64 ▼ 2.15% ITUB4 43.17 ▲ 1.01% BBDC4 18.55 ▲ 0.65% ABEV3 15.77 ▼ 1.38% BBAS3 21.27 ▼ 0.37% B3SA3 15.62 ▼ 0.70% WEGE3 48.20 ▲ 2.12% PRIO3 58.50 ▼ 3.86% SUZB3 43.10 ▼ 0.51% RENT3 38.10 ▲ 1.30% AZZA3 16.23 ▼ 1.16% CSAN3 4.10 ▲ 0.74% RAIZ4 0.26 — 0.00% PCAR3 2.75 ▲ 6.18% GMAT3 3.97 ▼ 1.49% PSSA3 54.00 ▼ 1.28% CVCB3 1.44 ▲ 9.92% POSI3 3.51 ▼ 1.13% SLCE3 13.35 ▼ 0.22% NATU3 8.50 ▲ 1.43% BRKM5 5.96 ▼ 0.17% RANI3 8.42 ▲ 3.82% CSNA3 4.51 ▼ 6.82% CMIN3 5.73 ▲ 0.35% USIM5 7.56 ▲ 2.72% GGBR4 25.63 ▲ 2.60% ENEV3 26.75 ▲ 1.67% CPFE3 46.11 ▼ 0.07% CMIG4 11.28 ▼ 0.53% EQTL3 38.89 ▲ 0.59% LREN3 13.85 ▲ 1.84% VIVT3 32.30 ▼ 1.01% RAIL3 14.16 ▼ 1.94% KLABIN 18.24 ▼ 0.05% RAIA DROGASIL 18.85 ▲ 2.00% RDOR3 34.06 ▼ 1.67% HAPV3 11.91 ▲ 5.59% FLRY3 17.27 ▲ 0.76% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.13 ▲ 0.22% BBSE3 41.36 ▲ 0.24% BPAC11 57.12 ▲ 0.56% CURY3 31.45 ▲ 4.52% AERI3 2.15 — 0.00% VIVARA 22.84 ▲ 2.98% COMPASS 25.10 ▲ 1.05% VAMOS 3.26 ▼ 2.40% SANB11 28.93 ▲ 1.08% ASAI3 8.55 ▲ 0.59% SBSP3 27.57 ▼ 0.47% WALMEX 49.94 ▼ 0.62% GMEXICO 211.62 ▲ 1.88% FEMSA 217.81 ▼ 1.64% CEMEX 20.60 ▲ 0.44% GFNORTE 198.18 ▼ 1.20% BIMBO 61.16 ▼ 1.29% TELEVISA 9.67 ▼ 1.43% AMX 21.68 ▼ 1.77% GAP 377.50 ▲ 0.26% ASUR 278.60 ▲ 1.08% OMA 230.90 ▼ 0.19% KOF 185.35 ▼ 1.02% GRUMA 263.20 ▲ 1.92% KIMBER 40.01 ▼ 0.47% SQM-B 61,910 ▼ 1.26% COPEC 6,342 ▼ 0.13% BSANTANDER 80.44 ▼ 0.68% FALABELLA 6,384 ▲ 2.70% ENELAM 87.00 ▼ 1.13% CENCOSUD 1,955 ▲ 0.01% CMPC 1,050 ▼ 0.47% BANCO CHILE 192.48 ▼ 0.64% LATAM AIR 25.25 ▲ 2.06% YPF 8,080 ▼ 2.53% GGAL 7,980 ▲ 1.25% PAMPA 5,505 ▼ 0.90% TXAR 655.00 ▼ 0.68% ALUAR 965.00 ▼ 1.28% TGS 9,875 ▼ 1.74% CEPU 2,378 ▼ 0.75% MIRGOR 1,680 ▼ 89.72% COME 43.23 ▼ 1.82% LOMA NEGRA 3,600 ▼ 0.55% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.60 ▼ 1.01% BANCOLOMBIA 91.07 ▼ 1.57% GRUPO AVAL 5.24 ▼ 0.76% CREDICORP 395.79 ▼ 1.20% SOUTHERN COPPER 185.91 ▲ 1.75% BUENAVENTURA 30.47 ▲ 0.63% MERCADOLIBRE 1,899 ▲ 1.11% NUBANK 14.44 ▲ 0.77% XP 17.03 ▼ 0.18% PAGSEGURO 9.60 ▼ 0.41% STONE 11.35 ▼ 0.22% GLOBANT 37.14 ▲ 1.48% TECNOGLASS 46.76 ▲ 7.64% GAP AIRPORT 218.14 ▲ 0.36% ASUR 278.60 ▲ 1.08% OMA AIRPORT 106.73 ▼ 0.16% AMX ADR 24.96 ▼ 1.54% FEMSA ADR 125.75 ▼ 1.75% CEMEX ADR 11.84 ▲ 0.17% PETROBRAS ADR 19.06 ▼ 1.75% VALE ADR 14.58 ▼ 3.19% ITAU ADR 8.49 ▲ 0.35% SANTANDER BR 5.74 ▲ 1.23% AMBEV ADR 3.05 ▼ 1.93% CSN 0.93 ▼ 5.65% GERDAU 5.06 ▲ 2.02% LATAM ADR 54.53 ▲ 3.35% BTC 63,743 ▲ 0.44% ETH 1,867 ▲ 0.49% SOL 73.73 ▲ 0.35% XRP 1.08 ▲ 0.06% BNB 590.13 ▲ 0.23% ADA 0.19 ▲ 0.25% DOGE 0.07 ▲ 0.36% AVAX 6.80 ▲ 3.57% LINK 8.18 ▲ 0.10% DOT 0.83 ▲ 0.81% LTC 44.27 ▲ 0.05% BCH 213.79 ▲ 0.31% TRX 0.33 ▲ 0.28% XLM 0.17 ▼ 0.57% HBAR 0.07 ▲ 0.42% NEAR 1.74 ▲ 0.22% ATOM 1.38 ▲ 1.13% AAVE 91.82 ▼ 0.50% SELIC 14.25% EMBRAER 89.60 ▲ 3.12% EMBRAER ADR 70.94 ▲ 3.82% JBS 13.76 ▼ 1.85% JBS BDR 69.57 ▼ 1.60% MBRF3 17.70 ▲ 0.91% MBRFY 3.37 — 0.00% INTER 5.63 ▲ 0.54% IBOV 178,000.24 — 0.00% IPSA 11,049.58 ▲ 0.30% IPC MEX 66,700.17 ▼ 0.35% MERVAL 3,274,443 — 0.00% COLCAP 2,384.67 ▼ 0.31% BVL PERÚ 57,378.30 — — USD/BRL 5.08 ▼ 0.16% USD/MXN 17.28 ▼ 0.32% USD/CLP 918.35 ▼ 0.77% USD/COP 3,230 ▲ 3.09% USD/PEN 3.38 ▼ 0.41% USD/ARS 1,494 ▲ 0.54% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 58.03 ▲ 1.54% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.08% USD/HNL 26.78 ▲ 0.07% USD/NIO 36.62 ▲ 1.01% USD/VES 750.21 ▲ 0.32% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.19 ▲ 0.58% USD/TTD 6.74 ▲ 1.53% EUR/BRL 5.85 ▼ 0.03% BRENT 81.42 ▼ 2.81% WTI 77.43 ▼ 3.62% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.14% GOLD 4,126 ▲ 2.28% SILVER 59.55 ▲ 3.26% SOY 1,181 ▲ 1.03% CORN 469.25 ▲ 4.45% WHEAT 643.25 ▼ 1.19% COFFEE 322.65 ▲ 0.99% SUGAR 15.20 ▲ 1.27% ORANGE JUICE 159.20 ▲ 2.74% COTTON 81.90 ▲ 0.68% COCOA 5,838 ▼ 1.70% BEEF 227.03 ▼ 2.04% CATTLE 343.00 ▼ 1.44% LITHIUM 69.41 ▲ 0.27% PETR4 43.05 ▼ 0.85% VALE3 74.64 ▼ 2.15% ITUB4 43.17 ▲ 1.01% BBDC4 18.55 ▲ 0.65% ABEV3 15.77 ▼ 1.38% BBAS3 21.27 ▼ 0.37% B3SA3 15.62 ▼ 0.70% WEGE3 48.20 ▲ 2.12% PRIO3 58.50 ▼ 3.86% SUZB3 43.10 ▼ 0.51% RENT3 38.10 ▲ 1.30% AZZA3 16.23 ▼ 1.16% CSAN3 4.10 ▲ 0.74% RAIZ4 0.26 — 0.00% PCAR3 2.75 ▲ 6.18% GMAT3 3.97 ▼ 1.49% PSSA3 54.00 ▼ 1.28% CVCB3 1.44 ▲ 9.92% POSI3 3.51 ▼ 1.13% SLCE3 13.35 ▼ 0.22% NATU3 8.50 ▲ 1.43% BRKM5 5.96 ▼ 0.17% RANI3 8.42 ▲ 3.82% CSNA3 4.51 ▼ 6.82% CMIN3 5.73 ▲ 0.35% USIM5 7.56 ▲ 2.72% GGBR4 25.63 ▲ 2.60% ENEV3 26.75 ▲ 1.67% CPFE3 46.11 ▼ 0.07% CMIG4 11.28 ▼ 0.53% EQTL3 38.89 ▲ 0.59% LREN3 13.85 ▲ 1.84% VIVT3 32.30 ▼ 1.01% RAIL3 14.16 ▼ 1.94% KLABIN 18.24 ▼ 0.05% RAIA DROGASIL 18.85 ▲ 2.00% RDOR3 34.06 ▼ 1.67% HAPV3 11.91 ▲ 5.59% FLRY3 17.27 ▲ 0.76% SMTO3 14.38 ▼ 0.96% UGPA3 33.10 ▲ 0.15% VBBR3 36.13 ▲ 0.22% BBSE3 41.36 ▲ 0.24% BPAC11 57.12 ▲ 0.56% CURY3 31.45 ▲ 4.52% AERI3 2.15 — 0.00% VIVARA 22.84 ▲ 2.98% COMPASS 25.10 ▲ 1.05% VAMOS 3.26 ▼ 2.40% SANB11 28.93 ▲ 1.08% ASAI3 8.55 ▲ 0.59% SBSP3 27.57 ▼ 0.47% WALMEX 49.94 ▼ 0.62% GMEXICO 211.62 ▲ 1.88% FEMSA 217.81 ▼ 1.64% CEMEX 20.60 ▲ 0.44% GFNORTE 198.18 ▼ 1.20% BIMBO 61.16 ▼ 1.29% TELEVISA 9.67 ▼ 1.43% AMX 21.68 ▼ 1.77% GAP 377.50 ▲ 0.26% ASUR 278.60 ▲ 1.08% OMA 230.90 ▼ 0.19% KOF 185.35 ▼ 1.02% GRUMA 263.20 ▲ 1.92% KIMBER 40.01 ▼ 0.47% SQM-B 61,910 ▼ 1.26% COPEC 6,342 ▼ 0.13% BSANTANDER 80.44 ▼ 0.68% FALABELLA 6,384 ▲ 2.70% ENELAM 87.00 ▼ 1.13% CENCOSUD 1,955 ▲ 0.01% CMPC 1,050 ▼ 0.47% BANCO CHILE 192.48 ▼ 0.64% LATAM AIR 25.25 ▲ 2.06% YPF 8,080 ▼ 2.53% GGAL 7,980 ▲ 1.25% PAMPA 5,505 ▼ 0.90% TXAR 655.00 ▼ 0.68% ALUAR 965.00 ▼ 1.28% TGS 9,875 ▼ 1.74% CEPU 2,378 ▼ 0.75% MIRGOR 1,680 ▼ 89.72% COME 43.23 ▼ 1.82% LOMA NEGRA 3,600 ▼ 0.55% BYMA 293.25 ▼ 0.76% TELECOM ARG 4,380 ▼ 0.62% ECOPETROL 16.60 ▼ 1.01% BANCOLOMBIA 91.07 ▼ 1.57% GRUPO AVAL 5.24 ▼ 0.76% CREDICORP 395.79 ▼ 1.20% SOUTHERN COPPER 185.91 ▲ 1.75% BUENAVENTURA 30.47 ▲ 0.63% MERCADOLIBRE 1,899 ▲ 1.11% NUBANK 14.44 ▲ 0.77% XP 17.03 ▼ 0.18% PAGSEGURO 9.60 ▼ 0.41% STONE 11.35 ▼ 0.22% GLOBANT 37.14 ▲ 1.48% TECNOGLASS 46.76 ▲ 7.64% GAP AIRPORT 218.14 ▲ 0.36% ASUR 278.60 ▲ 1.08% OMA AIRPORT 106.73 ▼ 0.16% AMX ADR 24.96 ▼ 1.54% FEMSA ADR 125.75 ▼ 1.75% CEMEX ADR 11.84 ▲ 0.17% PETROBRAS ADR 19.06 ▼ 1.75% VALE ADR 14.58 ▼ 3.19% ITAU ADR 8.49 ▲ 0.35% SANTANDER BR 5.74 ▲ 1.23% AMBEV ADR 3.05 ▼ 1.93% CSN 0.93 ▼ 5.65% GERDAU 5.06 ▲ 2.02% LATAM ADR 54.53 ▲ 3.35% BTC 63,743 ▲ 0.44% ETH 1,867 ▲ 0.49% SOL 73.73 ▲ 0.35% XRP 1.08 ▲ 0.06% BNB 590.13 ▲ 0.23% ADA 0.19 ▲ 0.25% DOGE 0.07 ▲ 0.36% AVAX 6.80 ▲ 3.57% LINK 8.18 ▲ 0.10% DOT 0.83 ▲ 0.81% LTC 44.27 ▲ 0.05% BCH 213.79 ▲ 0.31% TRX 0.33 ▲ 0.28% XLM 0.17 ▼ 0.57% HBAR 0.07 ▲ 0.42% NEAR 1.74 ▲ 0.22% ATOM 1.38 ▲ 1.13% AAVE 91.82 ▼ 0.50% SELIC 14.25% EMBRAER 89.60 ▲ 3.12% EMBRAER ADR 70.94 ▲ 3.82% JBS 13.76 ▼ 1.85% JBS BDR 69.57 ▼ 1.60% MBRF3 17.70 ▲ 0.91% MBRFY 3.37 — 0.00% INTER 5.63 ▲ 0.54%
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Tuesday, August 4, 2026

Power Plays and Public Funds: Unpacking Brazil’s Congressional Dynamics

By · July 21, 2024 · 2 min read

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In Brazil, the government’s operational gears smoothly turn through intense policy debates and proactive leadership change anticipation.

Although the next transitions for House and Senate leaders are set for February 2025, they influence Congress’s direction this year.

House Speaker Arthur Lira and Senate President Rodrigo Pacheco, representing the right-leaning PP and center-left PSD respectively, prioritize conservative caucus interests.

Meanwhile, the federal government maintains a low profile, engaging only in key battles. After business sector backlash, they reversed a measure to limit tax credits.

Conservative forces have successfully enacted key legislation. They’ve set strict limits on indigenous land demarcation, overturned vetoes on land regularization, and made meats tax-exempt.

Power Plays and Public Funds: Unpacking Brazil's Congressional Dynamics. (Photo Internet reproduction)
Power Plays and Public Funds: Unpacking Brazil’s Congressional Dynamics. (Photo Internet reproduction)
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Furthermore, the “bullet caucus” has strengthened criminal laws, abolishing temporary prison leaves.

Bolsonarists, striving for amnesty for ex-President Jair Bolsonaro, confront challenges. Their efforts might depend on this year’s municipal election outcomes.

Ruralist and evangelical groups, along with Bolsonarists, create a powerful coalition that eclipses the traditional pro-government bloc.

The struggle for party leadership within the House also reveals power dynamics, where figures like Marcos Pereira and Elmar Nascimento vie for supremacy, influenced by their parties, PP and PSD.

Positioned on the political spectrum, PP leans right, emphasizing conservative policies, while PSD takes a more center-left stance, often supporting progressive agendas.

Public electoral funding, amounting to R$ 5 billion ($890 million) this year, highlights the influence of money in politics.

Decentralized handling of tax reform bills facilitates party leaders’ significant influence on fund allocation.

As Congress breaks for recess aligned with October’s party conventions, legislative focus will soon resume.

The year’s end will likely see intensified activity with leadership battles taking central stage, illustrating the ongoing power struggle in Brazil’s political scene.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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