Claudia Sheinbaum became Mexico’s first female leader in a landslide victory, capitalizing on outgoing President Andres Manuel Lopez Obrador’s popularity while also inheriting rampant criminal violence and a large fiscal deficit left by his government.
The former mayor of the nation’s capital and candidate for the ruling Morena party won Sunday’s election by a margin of at least 30 percentage points, according to the nation’s electoral authority. It was a crushing blow for the main opposition led by Xochitl Galvez and further consolidates the party AMLO founded as Mexico’s dominant force.
Sheinbaum, 61, and her allies also won two-thirds of the seats in the lower house and expect to replicate that success in the senate. Such a supermajority would gift her the power to approve constitutional changes that have eluded AMLO. The peso reversed earlier gains versus the dollar as investors worried about her iron grip on the legislative agenda.
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