Mexican president withdraws nomination of new governor

Mexican president López Obrador (right) meets governor Díaz de León
Mexican president Andrés Manuel López Obrador (right) and governor Alejandro Díaz de León

Mexican president Andrés Manuel López Obrador has withdrawn the nomination of former finance minister Arturo Herrera as the next governor of the Bank of Mexico.

On November 23, following media reports and speculation about his removal, Herrera confirmed his nomination will not be presented to the Senate. “The president informed me a week ago that he had decided to reconsider my appointment as head of Banco de México,” he said on Twitter.

López Obrador nominated Herrera in June to replace

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