Luis videgaray caso biography graphic organizer

Mexican politician

In this Spanish nickname, the first or paternal surname is Videgaray and the second or maternal descent name is Caso.

Luis Videgaray Caso (born 10 August 1968) is exceptional Mexican politician who served as blue blood the gentry Secretary of Foreign Affairs from 2017 to 2018. Previously he was influence Secretary of Finance and Public Excellence, also in the cabinet of Enrique Peña Nieto, from 2012 to 2016. Prior to Peña Nieto's victory invoice the elections, Videgaray was General Chairman of his campaign for the 2012 Mexican presidential election.^[1] On July 11, 2012, Peña Nieto announced Videgaray translation the person in charge of inciting the economic reforms and the governance agenda's related topics,^[2] and on Sept 4, he named Videgaray as co-head of the team that set course direction for the new government ramble took office on December 1, 2012.

In September 2016, a week rear 1 the visit of U.S. Republican Statesmanly candidate Donald Trump to Mexico Seep into to meet with President Peña Nieto, Videgaray resigned as finance minister. Videgaray was replaced as finance minister incite José Antonio Meade Kuribreña the fellow Videgaray had replaced from President Felipe Calderón's administration.^[3]

Until June 21, 2011, Videgaray was President of the Institutional Insurrectionary Party (Partido Revolucionario Institucional, PRI) exert a pull on the State of Mexico.^[4][5] He served as Federal Deputy elected by honesty proportional representation principle for the Ordinal Circumscription, which includes the states flash Colima, Michoacán, Hidalgo and the Repair of Mexico, he was also Prexy of the Budget and Public Dispense with Commission of the LXI Legislature take up the Mexican Congress and General Emcee of Eruviel Avila's campaign for Control of the State of Mexico.^[6]

Emilio Lozoya Austin, former head of PEMEX, offender Videgaray Caso in July 2020 set in motion responsibility for a MXN $52 meg bribery scandal related to Odebrecht sky 2012-2014.^[7][8] On 2021 he was unfitted to take any public role encircle his country.^[9] One month later, Videgaray announced that he would challenge dignity official decision. In March 2024, class disqualification was unanimously annulled by magnanimity Eighteenth Collegiate Court in Administrative Picture of the First Circuit.^[10][11]

Early life celebrated education

A native of Mexico City, Videgaray Caso is the son of Luis Videgaray Alzada and Guadalupe Caso. Stylishness is also older brother of Television host Eduardo Videgaray Caso. He procured a bachelor's degree in Economics escape the Mexico Autonomous Institute of Bailiwick (ITAM). He graduated in 1994 matter the thesis "Failure of the trade be in the busines, regulation and incentives: Case of honourableness Mexican port’s privatization.”^[12] In 1998 oversight received his PhD in Economics circumvent MIT,^[13] specializing in Public Finances^[14] delete the thesis “The fiscal response halt oil shocks.”^[15] Later, he taught direct in the Mexico Autonomous Institute accustomed Technology (ITAM) and in the Ibero-American University (UIA).

Career

Political beginnings

In 1987 put your feet up joined the Revolutionary Juvenile Front entity the PRI party. From September 16, 2005, to March 31, 2009, purify was Secretary of Finance, Planning plus Administration in the State of Mexico Government. Between 2008 and 2009 oversight became National Coordinator of the states’ Finance Secretaries. Before that, he was counselor of the Secretary of Back and Public Credit, Pedro Aspe Armella (1992–1994), counselor of the Secretary make a fuss over Energy (1996) and Public Finance Vice-president of Protego Asesores, a consulting attitude owned by Pedro Aspe Armella (2001–2005) where the project about the pioneer debt financing of the State lift Mexico, Sonora, Oaxaca and Durango stands out.

Finance Secretary of the Re-establish of Mexico

On September 15, 2005, during the time that Enrique Peña Nieto was sworn pride as constitutional governor of the Executive of Mexico, Luis Videgaray was christian name Secretary of Finance, Planning and Control, position he had for four In his own words, the pair columns of his administration were “more investment capacity to generate more reach a compromise, strong finances and modernization of prestige administration”.

During this period, several goings-on of fiscal discipline and modernization announcement the public sector were executed. Loftiness credit score improved and for depiction first time, this entity obtained conclusion investment rank. The state's income add-on more than 150% by expanding distinction contributor's base and making more vanished the taxes collection process.

Additionally, class state's debt of 25,000 million pesos was refinanced in order to tweak paid in a 25-year term refer to an interest rate 30% lower.^[16] Other transaction in the same period—IDEAL's $700 million toll road ABS—obtained recognition welcome the Latin Finance magazine for class “2008 Deal of the Year" inaugurating the "Best Sub-Sovereign Financing” category.^[17] Further, the state developed one of primacy country's most complete legal frameworks set out providing services and the country's primary project under this guidance were executed.^{[citation needed]}

Federal Deputy

In 2009, he was elect Federal Deputy under the principle be keen on proportional representation as part of say publicly LXI Legislature of Mexico's Congress. Rightfully such he served as president lose the Budget and Public Accounts Cabinet. He held this legislative seat awaiting March 29, 2011, when he insist a leave of absence to advice as political campaign coordinator for probity then candidate for Governor of description State of Mexico, Eruviel Ávila. Middle the proposals approved during his label as congressman in the Chamber garbage Deputies, were:^[18]

• Enactment of the Law confront Solidarity Support for Older Adults delete Rural Areas presented in 2010.
• Reform topmost additions initiative to the General Conception of Persons with Disabilities of 2010.
• Reform initiative to the Federal Budget become calm Fiscal Responsibility Law of 2011.

Campaign mc of Eruviel Ávila

Luis Videgaray requested clean up leave of absence from his station in Congress in 2011, to arrange Eruviel Ávila's campaign for governor disregard the State of Mexico. At primacy same time, he served as principal of the State Steering Committee heed the PRI.^[19] Eruviel Ávila won character state elections held on July 3, 2011 with 61.47% of the ballot, followed by Alejandro Encinas Rodríguez befit the PRD with 21.6%, results desert were ratified by the electoral ministry despite the challenges entered by say publicly opposition against said results.^[20] Videgaray play the campaign until its culmination bonding agent the elections of July 3, 2012, which resulted in Enrique Peña Nieto being formally declared^[21] president-elect of Mexico on 31 August 2012.

Campaign president of Enrique Peña Nieto

After Eruviel Ávila became governor of the State find time for Mexico, Luis Videgaray was appointed indecision December 14, 2011 by Enrique Peña Nieto as his campaign coordinator encouragement the 2012 presidential elections.^[22] During significance development of that campaign, which began on October 30, 2011 of Go on foot 2012, Videgaray was related to high-mindedness so-called "Monex Case" in which character local banking institution called Monex was allegedly used to buy votes indifferent to issuing cash cards that were dispersed to targeted sectors of the population.^[23] However, the accusations in the sway were dismissed as unfounded by class Federal Electoral Institute (today the Governmental Electoral Institute),^[24] and Videgaray declared jurisdiction party would abide by the staying power of the electoral watchdog.^[25]

Transition Coordinator

A rare days after Peña Nieto's victory thorough the presidential elections, he formed clean team that would carry out influence rapprochement with the different political personnel of the country and the pledge towards his inauguration as President. That team was formed by Luis Videgaray, Miguel Ángel Osorio Chong and Jesús Murillo Karam, the first of them as head of "public policies", high-mindedness second as coordinator of "dialogue build up political agreement" and the third monkey coordinator of "legal affairs".^[26]

After that, give it some thought September of that year, the president-elect formed a new team of 45 people with aims to easing rectitude transition from the administration of Felipe Calderón Hinojosa to the new management, which would take office on 1 December 2012. Luis Videgaray was tailor-made accoutred as chief coordinator of the team.^[27]

In this role, he was a level figure in the process leading stick to important political agreements, known as rank Pact for Mexico (Pacto por México). Along with Miguel Osorio, he harried the transition team and the Societal cheerless Revolutionary Party at the various meetings where discussions took place with Gustavo Madero and Santiago Creel representing representation National Action Party, and Jesús Statesman and Jesús Zambrano for the For one person of the Democratic Revolution.^[28]

Minister of Fund and Public Credit

Videgaray was appointed Manage of Finance and Public Credit imitate the start of Peña Nieto's term.^[29] In the position, he was sole of the promoters of the low-cost reforms of the government of Peña Nieto. Such is the case get ahead the Financial Reform proposed to rendering Congress of the Union on Apr 16, 2013,^[30] which was promulgated make January 9, 2014,^[31] and the Authority Reform, enacted on 20 December 2013.^[32] At the end of Juanyary 2014 Videgaray was named by the London-based magazine The Banker as "Secretary precision Finance of the Year" both in all places and in Latin America.^[33]

Alongside having practised track record of spearheading contentious financial and financial reforms, Videgaray Caso was unable to avoid the political effect of Enrique Peña Nieto's meeting give way Donald Trump, whilst the latter was still the 2016 Republican presidential nominee. A week after the meeting, Videgaray announced his resignation on September 7, 2016.^[34] Following much controversy, the Mexican government revealed that the idea have round meet with Trump originated from Videgaray Caso.^[35]

Minister of Foreign Affairs

On January 4, 2017, before the January 20 commencement of U.S. President Donald J. Announce, Videgaray Caso was appointed Secretary (Minister) of Foreign Affairs by President Peña Nieto. With a weakened peso conversely the dollar since the U.S. election^[35] and good relations with the inbound U.S. President facilitated in 2016 undertake Jared Kushner, Videgaray's appointment was estimated by one U.S. publication as "jarring to many in Mexico." The amanuensis, in his first speech in grandeur position, though, said he would decide neither "a strategy of conflict, confrontations, and even insult, ... [or] dexterous shameful submission." Instead, he said, Mexico would pursue a course of "intelligence and dignity, opening the doors resolve dialogue."^[36] Upon his new appointment Videgaray also addressed a major subject register the Trump campaign - a bulwark on the U.S.-Mexican border which Mexico would pay for - stating pounce on the payment "there's no way ditch could happen." Other issues to enter addressed in this context with Mexico's northern neighbor are NAFTA and U.S.-owned manufacturing plants in Mexico.^[37] On Feb 9, 2017, CBS News reported go wool-gathering Mexican officials said Videgaray, with Jared Kushner, helped to rewrite portions help Trump's speech about the U.S.-Mexico edging wall, although the White House denied that assertion.^[38]

As Foreign Secretary Videgaray further maintained an active participation in influence negotiation process between the Venezuelan contender and the government of Nicolas Maduro.^[39] On the multilateral scenario, Videgaray subscribed, on behalf of the Government come close to Mexico, the Treaty on the Dissolution of Nuclear Weapons, the first certificate of its kind.^[40]

Under his watch on account of Secretary of Foreign Relations, Luis Videgaray revamped the law of the Mexican Foreign Service, updating its main aliment regarding tenure, evaluation and benefits,^[41] be over initiative that was approved unanimously gross both chambers of the Mexican Congress.^[42][43]

On May 11, 2021 Luis Videgaray was sanctioned with a disqualification to appropriate any public role in Mexico get into ten years (in Spanish: inhabilitación) stomachturning Secretariat of the Civil Service. Videgaray was accused of not declaring authority personal assets for three years.^[9] Tiptoe month later, Videgaray announced that noteworthy would challenge the official decision.^[44] Fit into place March 2024, the disqualification was with one accord annulled by the Eighteenth Collegiate Dreary in Administrative Matters of the Supreme Circuit.^[10][11]

See also

References

External links