Mexico's Senate has given the green light to a controversial measure that aims to eliminate autonomous bodies responsible for overseeing different economic sectors and promoting government transparency.

This move has faced strong opposition from political parties and industry stakeholders who argue that it undermines regulatory independence and could result in increased government control over crucial economic functions.

This decision is a significant turning point in Mexico's legislative landscape as the government seeks to consolidate power and reshape the regulatory framework.

Critics warn that dismantling these bodies may impede transparency and accountability, raising concerns about the potential impact on investor confidence and economic stability.

As the situation unfolds, industry leaders and political analysts are closely monitoring the consequences of this reform on Mexico's economic environment and governance.