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Mexico

Mexico Govt: Treasury Secretary Resigns After Trump Visit

No official reason for Luis Videgaray's resignation was given, though it is likely to do with the popular criticism of President Peña Nieto after Trump's visit

Luis Videgaray Caso, who inaugurated the festival, photo: AP/Christian Palma
11 months ago

MEXICO CITY – Treasury and Public Finance Secretary (SHCP) Luis Videgaray has resigned, an SHCP spokeswoman said Wednesday, the week after Donald Trump traveled to Mexico to meet with President Enrique Peña Nieto.

SHCP spokeswoman Claudia Algorri said that Videgaray presented his resignation to Peña Nieto on Wednesday.

Algorri gave no reason for the resignation, but it comes in the wake of Peña Nieto’s widely criticized meeting with the Republican presidential candidate in the Mexican capital last week.

The president’s office announced earlier Wednesday that Peña Nieto would have a message later in the day about a change in his government.

Peña Nieto has faced a truckload of criticism after Trump’s visit, with many Mexicans complaining that the president was poorly advised by the people around him for inviting him.

He also has been ridiculed for not confronting him more directly about comments calling migrants from Mexico criminals, drug-runners and “rapists,” and Trump’s vows to build a border wall and force Mexico to pay for it.

The wall proposal has been criticized widely and fiercely in Mexico.

Speaking at a town hall late Thursday where he fielded questions from young people, Peña Nieto sought to defend his decision to invite Trump to visit.

He said the easier path would have been to “cross my arms” and do nothing in response to Trump’s “affronts, insults and humiliations,” but he believed it necessary to open a “space for dialogue” to stress the importance of the U.S.-Mexico relationship.

“What is a fact is that in the face of candidate Trump’s postures and positions, which clearly represent a threat to the future of Mexico, it was necessary to talk,” Peña Nieto said hours after his annual state-of-the-nation report was delivered to congress. “It was necessary to make him feel and know why Mexico does not accept his positions.”

He acknowledged Mexicans’ “enormous indignation” over Trump’s presence in the country and repeated that he told him in person Mexico would in no way pay for the proposed border wall.

Peña Nieto came under fire for not responding to Trump’s mention of the wall during a joint news conference on Aug. 31, something he has since sought to correct.

A day later, Trump tweeted that Mexico would pay for the wall, Peña Nieto fired back his own tweet saying that would “never” happen.

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