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Opposition Revives $LIBRA Inquiry, Elects Ferraro to Lead Investigative Commission

A new tie-break rule ended months of deadlock, prompting a walkout by the ruling bloc.

Overview

  • A cross-bloc vote installed Coalición Cívica deputy Maximiliano Ferraro as chair with backing from Unión por la Patria, Encuentro Federal, Democracia para Siempre and the Left.
  • The commission set weekly meetings for Tuesdays at 4 p.m. and a deadline of November 10 to issue findings, followed by ten days to deliver the final report to the Chamber.
  • Members will move next week to approve internal rules that include possible sanctions for absent witnesses and immediate requests for judicial records.
  • Potential witness lists include President Javier Milei, his sister and presidential secretary Karina Milei, and securities regulator Roberto Silva.
  • Lawmakers from La Libertad Avanza, PRO, UCR and allies withdrew, arguing the original 90-day mandate lapsed on July 30, and they signaled challenges in Congress and in court.