Plus, how Europe is defining the future of digital regulation, and addressing risks to mid-sized banks.
| Mexico, López Obrador, and Sheinbaum’s presidential victory On June 2, over 60 million Mexican voters elected a president, deputies of the Mexican Congress, and other officials across state and local government. The incumbent Morena party and Claudia Sheinbaum, a close supporter of outgoing president Andrés Manuel López Obrador, wiped the floor with their opponents. As Mexico’s first female president, Sheinbaum will hold great power to shape Mexico’s future, including a significant ability to pass constitutional reforms. But Morena and Sheinbaum’s resounding success belies the elections’ complex dynamics and the deep security and rule of law dangers that Mexico faces, write Vanda Felbab-Brown and Diana Paz García. |
More research and commentary How Europe is defining the future of digital regulation. “The [Digital Markets Act’s] refocusing of regulatory activity from dictating corporate decisions to the establishment of an enforceable expectation that those corporate decisions will promote contestability and fairness is a Rubicon-like decision that redefines the digital regulatory paradigm,” argues Tom Wheeler. Risks to mid-sized banks. The failure of three mid-sized banks in March 2023 shook financial markets and could have spread to other banks if regulators had not stepped in. On the latest episode of the Brookings Podcast on Economic Activity, David Wessel, Samuel Hanson, and Daniel Tarullo discuss how to address key risks. |
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