Wednesday, September 07, 2016

Mexico’s Finance Minister Resigns After Trump Visit

MEXICO CITY — Luis Videgaray, Mexico’s finance minister and one of President Enrique Peña Nieto’s closest allies, will resign from his post, a spokeswoman for the Finance Ministry said on Wednesday.
Luis VidegarayCreditHenry Romero/Reuters
The resignation comes a week after the meeting between Mr. Peña Nieto and Donald J. Trump, which engendered widespread dismay and anger among Mexicans and reportedly divided Mr. Peña Nieto’s cabinet. It was Mr. Videgaray’s idea to invite Mr. Trump, according to several Mexican news media reports, though Mr. Peña Nieto later claimed it was his own.
Mr. Peña Nieto was scheduled to make a statement at 11 a.m. Mexico City time (noon Eastern), and is expected to name José Antonio Meade, Mexico’s social development minister, to replace Mr. Videgaray as finance minister.
The government is scheduled to present its 2017 budget on Thursday.

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