Marthio Marthio
Markets

STF Ministers Demand Urgent Intervention as Presidential Authority Under Scrutiny

Brazilian Supreme Court justices sought direct intervention from President Edson Fachin amid escalating internal divisions. Industry groups joined the crisis, demanding public hearings.

Last updated

Supreme Court ministers contacted President Edson Fachin this Thursday to request immediate action following a severe escalation in internal court disputes. The group of justices argued that successive decisions by different ministers have made the current state of indecision unsustainable. This push for intervention follows Minister Flávio Dino's order to reinstate Andrei Rodrigues as head of the Federal Police, reversing earlier directives by Minister André Mendonça. Tensions persist over investigations into the Mastercard bank case and diverging rulings on police leadership between the two judicial factions. Business organizations representing major industries released a joint manifesto titled Manifesto à Nação Brasileira on Thursday. They called for the full court to examine the facts in public sessions with absolute urgency, criticizing potential corporate influences. The entities labeled the situation a severe institutional crisis and warned that losing legitimacy would harm legal confidence. On the foreign exchange market, the US dollar strengthened against the Brazilian real while the US dollar declined against other currencies. Petrol prices exceeded US$100 for the first time since July.

Supreme court buildingLegal hearingBrazilian currencyEdson fachinFlávio dinoAndré mendonçaFiscal policy