Bipartisan Pair Files House Resolution Warning Against Mexico’s Constitutional Reforms

Lawmakers Cite Concerns Over Energy Sector and Independent Regulatory Agencies

A bipartisan pair of U.S. lawmakers has introduced a resolution in the House of Representatives expressing concern over proposed constitutional reforms in Mexico that could weaken the country’s energy sector and independent regulatory agencies.

The resolution, introduced by Rep. Michael McCaul (R-Texas) and Rep. Henry Cuellar (D-Texas), calls on the Mexican government to reconsider the reforms, which they argue could have negative consequences for both the United States and Mexico.

Concerns Over Energy Sector

One of the main concerns raised by the resolution is the potential impact of the reforms on the energy sector.

The reforms would give the Mexican government greater control over the energy sector, including the ability to set prices and grant concessions.

This, the resolution argues, could lead to higher energy prices for consumers and businesses, and could also discourage investment in the sector.

Concerns Over Independent Regulatory Agencies

The resolution also expresses concern about the impact of the reforms on independent regulatory agencies, such as the Federal Competition Commission (COFECE) and the National Energy Regulatory Commission (CRE).

The reforms would give the Mexican government greater influence over these agencies, which could undermine their independence and ability to regulate the energy sector fairly.

This, the resolution argues, could lead to increased corruption and a less competitive energy market.

Call for Reconsideration

The resolution calls on the Mexican government to reconsider the proposed reforms and to engage in dialogue with the United States and other stakeholders to address the concerns that have been raised.

The resolution also urges the Mexican government to respect the independence of regulatory agencies and to ensure that the reforms do not harm the energy sector or the environment.