Geoeconomic and policy analysis
2026-04-26
10 minute read
18 sources
Mexico's Judicial Reset: Sheinbaum, Plan C, and the Rule of Law Premium
Claudia Sheinbaum took office on October 1, 2024 with a Morena supermajority and a constitutional amendment converting all 7,000 federal judges into elected officials. The first judicial elections in June 2025 closed with 13 percent turnout and benches dominated by Morena-aligned candidates. The peso has carried an extra 200 basis points of risk premium, FDI announcements have been reshuffled, and the July 2026 USMCA review is now the binding constraint on Mexico's institutional perimeter.
Claudia Sheinbaum won the June 2, 2024 presidential election with 35.9 million votes and a 59.8 percent share, the largest mandate in modern Mexican democracy. She inherited from Andres Manuel Lopez Obrador a parliamentary configuration that delivered Morena and allies a qualified two-thirds majority in the Chamber of Deputies and 86 of 1...