AMLO Protege Sheinbaum Becomes First Female President in Mexico

  • Sheinbaum wins by landslide, capitalizing on AMLO’s popularity
  • Her Morena party set to clinch two-thirds majority in congress
WATCH: Sheinbaum speaks following her landslide victory in Mexico’s presidential election. (Translated from Spanish to English)Source: Bloomberg
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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.