Marcos Pinto Steps Down as Brazil’s Economic Reforms Secretary

Overview

• His exoneration was published at his request in the Diário Oficial da União on January 5, 2026.
• The Finance Ministry has not announced a replacement, and Fernando Haddad has yet to indicate a name while on vacation.
• In the role since January 2023, Pinto was a key architect of microeconomic and regulatory measures in Lula’s third term.
• He worked on tax reform and promoted an income tax exemption proposal for monthly earners up to R$5,000.
• The exit is the first departure from Haddad’s team as the minister is expected to leave next month to run in the October elections.