IBOV 167,927.15 ▲ 0.06% IPSA 11,237.90 ▼ 0.03% IPC MEX 64,436.38 ▲ 0.68% MERVAL 2,875,950 ▲ 0.05% COLCAP 2,444.32 ▼ 0.39% BVL PERÚ 58,380.78 ▲ 0.54% USD/BRL5.19▲ 0.33% USD/MXN16.95▲ 0.04% USD/CLP921.82▲ 0.05% USD/COP3,063▼ 1.39% USD/PEN3.35▼ 0.47% USD/ARS1,497▼ 0.02% USD/UYU40.21▲ 0.95% USD/PYG5,992▲ 1.19% USD/BOB11.42▲ 0.14% USD/DOP58.80▲ 1.27% USD/CRC446.30▲ 2.09% USD/GTQ7.62▲ 2.24% USD/HNL26.81▲ 1.60% USD/NIO36.62▲ 0.69% USD/VES775.47▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 0.93% EUR/BRL6.07▲ 0.56% 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 167,927.15 ▲ 0.06% IPSA 11,237.90 ▼ 0.03% IPC MEX 64,436.38 ▲ 0.68% MERVAL 2,875,950 ▲ 0.05% COLCAP 2,444.32 ▼ 0.39% BVL PERÚ 58,380.78 ▲ 0.54% 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%
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Thursday, August 20, 2026

Politics - Brazil Brazil Elections 2026

São Paulo’s Governor Tarcísio de Freitas Opts Out of 2026 Presidential Race

By · August 16, 2024 · 2 min read

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In Brazil’s dynamic political scene, São Paulo Governor Tarcísio de Freitas, a prominent figure, has declined to run for president in 2026.
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\nHe would not accept even if Jair Bolsonaro personally requested it.
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\nThis decision highlights the complex dynamics within Brazil’s right-wing politics as leaders position for future challenges.
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\nCurrently in his first term with high approval ratings, Governor de Freitas prefers to seek re-election in São Paulo.
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\nHis choice avoids a direct electoral battle with President Luiz Inácio Lula da Silva, who may seek another term.
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\nThis stance focuses on state governance and sets him up for a possible 2030 presidential run.
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São Paulo's Governor Tarcísio de Freitas Opts Out of 2026 Presidential Race; (Photo Internet reproduction)
São Paulo’s Governor Tarcísio de Freitas Opts Out of 2026 Presidential Race; (Photo Internet reproduction)
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\nThough ineligible to run until 2030, Bolsonaro still significantly influences Brazil’s right-wing. His endorsement is valuable, reflecting the deep respect Tarcísio holds for him.
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\nTarcísio acknowledges Bolsonaro’s key role in his career but also the importance of making independent decisions.
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\nTarcísio’s political approach mirrors the broader narrative among Brazil’s right-wing leaders, like Governors Romeu Zema, Ratinho Júnior, and Ronaldo Caiado.
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\nThey are considered potential successors to Bolsonaro’s political legacy. Yet, Tarcísio’s unique position and focus on state administration distinctly shape his priorities.
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\nGuided by a long-term vision, Governor de Freitas’s administration in São Paulo focuses on building a lasting legacy through state-driven initiatives and strategic governance.
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\nThis strategy, paired with his decision to delay a presidential run, underscores his pragmatic, forward-thinking leadership aimed at ensuring stability and continuity in one of Brazil’s key states.
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Background

\nA Institute of Democracy survey in late 2023 showed São Paulo governor Tarcísio de Freitas as the top pick to follow Bolsonaro in 2026.
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\nHe leads with 17% of voter support. Romeu Zema, another governor, trails him with 12%. Former First Lady Michelle Bolsonaro and Senator Sergio Moro each have around 11%.
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\nResearchers spoke to 2,558 people in 167 cities for the study. They did this from August 22 to 29, 2023.
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\nThe study had funding from national and state science councils. Only 3% of those polled liked the idea of Bolsonaro’s kids taking over.

For the full picture, see our Brazil Elections 2026: Complete Guide.

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