The current ruling party in Mexico affirmed that it will respect the legislative process

The current ruling party in Mexico affirmed that it will respect the legislative process

The leader of Mexico's ruling party in the lower house said the bloc will be “very cautious.”” in taking advantage of his strong lead in Congress amid concerns that he could rush passage of the legislation before President-elect Claudia Sheinbaum takes office.

The party will “respect the legislative process” and wait for the votes to be officially confirmed before starting talks with Sheinbaum about the next steps.s, Morena party coordinator Ignacio Mier said in an interview with local radio Thursday night.

Hours earlier, Mier said at a news conference that the party would seek to begin initial discussions on constitutional reforms in September, when the newly elected congress takes office. The peso sank nearly 3% amid concerns that lawmakers could move forward with reforms, including overhauling institutions like the judiciary, before Sheinbaum is sworn in..

“Our large majority in the Lower House and the Senate forces us to be very prudent, very sensible,” Mier said in the radio interview. “We want to bring calm to everyone. Since we received these reforms in February, I have said that we must analyze those that benefit Mexico, its economic stability and its growth, which lead to the possibility of more investment.n.”

Separately, Morena's leader in the Senate, Ricardo Monreal, said in a statement Thursday that the party will open a dialogue with “all sectors of society” about the constitutional reforms proposed by President Andrés Manuel López Obrador.

We will not act in an authoritarian manner nor will we impose proposals that affect harmony and trust in Mexico“Monreal said in the statement.

Sheinbaum, who won the presidency in a landslide vote on June 2, is still awaiting final confirmation from electoral authorities amid a routine process to verify votes. Later on Thursday, in response to questions from reporters, he said the reform process would follow normal procedures and involve “dialogue.”