Friday, January 16, 2026

Business-friendly bureaucrat resigns as AMLO’s chief of staff

President López Obrador announced Wednesday that his chief of staff was stepping down but would continue to be his “main link” to the private sector.

López Obrador said on Twitter that Alfonso Romo, a business tycoon with interests in several sectors and a former olympic equestrian, agreed to serve two years in his government and that period has now concluded.

“He has helped me and will continue helping. He’s an independent and honest man, committed to just causes. In addition, he’s my friend,” he wrote.

“I will never forget that he was the first businessman to support the transformation movement,“ López Obrador said, referring to his government.

In addition to serving as the president’s chief of staff, Romo has headed up the National Council for the Promotion of Investment, Employment and Economic Growth.

He has pushed strongly for Mexico to take advantage of the trade war between the United States and China in order to attract greater investment. Romo has also said that Mexico has a signifiant opportunity to benefit from an increased regionalization of supply chains due to the coronavirus pandemic and the entry into force of the new North American free trade agreement, the USMCA.

The government has nevertheless implemented some policies, most notably in the energy sector, that are not seen as being particularly friendly to private investment.

It remains to be seen what impact, if any, Romo’s departure has on future policy decisions.

After López Obrador’s announcement, several business groups acknowledged the role the outgoing chief of staff has played in linking the business sector to the government.

“In complex circumstances, he acted as a translator [and] interlocutor” between the two parties, said Gustavo Hoyos, president of Coparmex, the Mexican Employers Federation.

“He was the brake on many [government] ideas,” he wrote on Twitter, adding that he had kept the “radicals” in check.

The Business Coordinating Council, an umbrella organization of 12 business groups, described Romo as a valuable member of the government and an “open-minded interlocutor” with whom “sincere dialogue” was always possible.

“He will certainly continue working for the good of Mexico in his upcoming duties. We will miss him.”

Source: Milenio (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
Mexican peso bills and coins with a wallet

Mexican peso hits its strongest level against the dollar in over a year

1
The peso closed at 17.65 to the dollar on Thursday, its strongest position in over 18 months.
US soldiers look out over an arid valley

NYT: US is pressuring Mexico to allow US troops to fight cartels

12
New reports show that post-Venezuela, the US is ramping up pressure on Mexico to allow US military action — even as some US lawmakers seek to block such actions.
Valeria Palacios

Veracruz student Valeria Palacios wins the World Education Medal

1
With artifical intelligence and robotics, the 19-year-old college student from Veracruz tackled a range of social and environmental problems facing her community.
BETA Version - Powered by Perplexity