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Banco Master Probes Stall in Congress Despite CPMI Quorum, Local Pension Inquiry Starts

Leadership gatekeeping plus a crowded docket likely delay installation until after Carnival.

Overview

  • The mixed commission request gathered 278 signatures from 42 senators and 236 deputies, yet it still awaits a reading by Congress president Davi Alcolumbre.
  • In the Chamber, president Hugo Motta cites a chronological queue with at least 15 prior CPI requests and a five-commission operating cap as reasons not to advance a House-only probe now.
  • Lawmakers from government and opposition blocs signal that any federal inquiry will likely wait until after Carnival, reflecting limited appetite among congressional leaders.
  • A Senate Economic Affairs subcommittee met Central Bank president Gabriel Galípolo and plans broad document requests, though it lacks powers to order banking or fiscal secrecy breaks.
  • In Brodowski (SP), a municipal CPI opened and held its first meeting to examine R$15 million in 2024 pension investments tied to Banco Master, as the Sisprev legal department defends the investments’ legality.