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Finance / General

Lula Weighs Replacing Senate Leader Amid Banco Master Fallout

Source: bloombergMarkets June 23, 2026 · 08:17
President Luiz Inácio Lula da Silva sees Senator Jaques Wagner as a growing liability to his reelection campaign after a police investigation drew his longtime ally into Brazil’s biggest banking fraud probe, according to a person with knowledge of the matter.
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