By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > López Obrador’s son takes senior party post as Mexico president bows out
News

López Obrador’s son takes senior party post as Mexico president bows out

News Room
Last updated: 2024/09/22 at 6:17 PM
By News Room
Share
5 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Mexico’s ruling party chose the son of President Andrés Manuel López Obrador for a senior role on Sunday, in a sign the leftist leader will continue to influence public life after he steps down.

López Obrador is in his final weeks of a six-year term that has polarised Mexican politics and concentrated legislative power in his party. His handpicked successor, former Mexico City Mayor Claudia Sheinbaum, will replace him as president in October.

In a conference centre in the capital on Sunday, Sheinbaum and party delegates emphasised “unity” as the younger generation of leadership was chosen.

Andrés López Beltrán, the president’s second-eldest son, has for years worked closely for his father behind the scenes and from next month the 38-year-old will take up the administrative position of organisational secretary for the Morena party.

“We all know that he [Obrador] will remain present in this party with his example, with his legacy. Our job running this secretariat will be to keep that legacy, that line,” López Beltrán said of his father to a cheering audience.

López Beltrán, who keeps a low public profile and has not given speeches or interviews, has alongside his brothers been the subject of numerous investigations linking them or close friends to alleged corruption in public contracts. The president and his sons have strenuously denied any allegations of wrongdoing.

The choice of López Beltrán, known as Andy, is seen as a way for the president to have greater influence over his successor and position his son for a future run at the presidency.

“It screams ‘I want to stay in power for the next 12 years’,” said Joy Langston, a professor at the Centre for International Studies at the Colegio de México. “It speaks of this powerful dark cloud that is hanging over Sheinbaum in the near future.”

President Andrés Manuel López Obrador and president-elect Claudia Sheinbaum at a memorial on Thursday © CLAUDIA SHEINBAUM’S PRESS OFFICE/AFP via Getty Images

Founded as a civil society group to help López Obrador’s 2012 presidential campaign, Morena now controls the presidency, a working supermajority in both houses of congress and two-thirds of governorships.

Morena’s members refer to the party as a “movement” but few dare to publicly disagree with the president, who has 60 per cent approval ratings and a devoted base among lower-income voters.

Through the transition Sheinbaum stuck close to her mentor, physically in his farewell tour across the country, and rhetorically in her statements.

Some of Sheinbaum’s supporters paint her as a more moderate, technocratic leader than the president, with debate in the media over whether she secretly disagrees with some of his policies.

But the presence of López Obrador’s son, the possibility of recall referendums, and the placing of loyalists in influential positions will make it hard for her to stray too far from the path he has set, analysts said.

The choice of López Beltrán for a role managing party structures cements the perception that Morena is based around the president himself. In office López Obrador raised the minimum wage and social programmes, while at the same time empowering the military and slashing the capacity of the state bureaucracy.

Some members of Morena have already suggested that López Beltrán could be the party’s candidate for the 2030 election, complicating Sheinbaum’s efforts to control her own legacy.

Others say his presence, if she keeps him on side, could be an asset amid potentially fierce jostling for control within the party. Leading Morena officials have made clear that keeping the ruling coalition together will be its biggest task.

“Our challenge is unity,” said senate president Gerardo Fernández Noroña. “People are already talking about 2030, so we have to be careful on that to not be divided.”

Read the full article here

News Room September 22, 2024 September 22, 2024
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
LIVE: Fed Chair Jerome Powell delivers remarks at Harvard University

Watch full video on YouTube

Why Wall Street Is Investing In Trading Cards

Watch full video on YouTube

Fidelity International Small Cap Fund Q1 2026 Commentary (FISMX)

Fidelity’s mission is to strengthen the financial well-being of our customers and…

Powell is an expert at making mistakes, but “doesn’t allow” himself the luxury of regrets.

Watch full video on YouTube

How Footwear Companies Are Changing

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

Fidelity International Small Cap Fund Q1 2026 Commentary (FISMX)

By News Room
News

Equinor ASA (EQNR) Shareholder/Analyst Call Prepared Remarks Transcript

By News Room
News

Credit Saison Co., Ltd. 2026 Q4 – Results – Earnings Call Presentation (OTCMKTS:CSASF) 2026-05-16

By News Room
News

ABN AMRO Stock: Cost Cuts And Capital Returns Support A Buy Rating (OTCMKTS:AAVMY)

By News Room
News

ConocoPhillips: More Upside Given Long-Term Cash Flow Tailwinds (NYSE:COP)

By News Room
News

MaxCyte, Inc. (MXCT) Q1 2026 Earnings Call Transcript

By News Room
News

Draganfly Inc. (DPRO) Q1 2026 Earnings Call Transcript

By News Room
News

Fidelity Blue Chip Growth Fund Q1 2026 Commentary (FBGRX)

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?