Escorted by Secretary of the Interior

Victoria Rodríguez Ceja attended the protocol to appear before the Senate Finance Committee to be ratified as the first governor of the Bank of Mexico. She arrived accompanied by the president of the Political Coordination Board of the Senate, Ricardo Monreal, and escorted by the head of the Ministry of the Interior, Adán Augusto López.

Time and again he responded to opposition senators that he will seek to respect the autonomy of the Bank of Mexico and that its responsibility, if ratified, will be strictly adhered to by law.

In a regular session of the Senate Finance Commission, where they changed the format of the nominee’s usual appearance to be a member of the Banco de México Governing Board, he read a speech that ratifies his commitment to preserve the stability of purchasing power.

Rodríguez Ceja only addressed one of the senators who questioned him by name, the first one who spoke, Luis Daniel Ortiz, from the Citizen Movement, responded about the atypical situation that is fueling rising inflation and relied on public diagnoses and expectations of the Bank of Mexico itself to fix its position.

He then commented that his position on the management of Banco de México’s reserves was a recurring theme in the questions “from several” senators, so he decided to put them all together in a single answer.

He repeated over and over again that he participated in committees that involved Bancomext, Nafin and Banobras where they manage liabilities and hedge operations. When speaking about his experience in monetary matters, he read a document that he affirmed that he prepared to clarify various doubts to point out that “since his fiscal competence he has had contact in monetary matters.”

He assured that he has worked with Banco de México in his capacity as financial agent and that he does know about the development and placement of instruments since he participated in the placement of several in the Mexican Stock Exchange.

She replied that she has all the requirements of the Law to aspire to be part of the Governing Board, even when the PAN senator, Xóchitl Gálvez, told her that she should be undersecretary of the CDMX government finance ministry or undersecretary of the Treasury, they could not be considered as high-level positions.

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