Alexandre de Moraes continues to serve as a justice on Brazil’s Supreme Federal Court and recently exercised that authority by issuing a monocratic ruling suspending legislation that could shorten prison terms for those convicted in the January 8, 2023 events, including former President Jair Bolsonaro. The decision, handed down on May 9, 2026, awaits review by the full court on constitutional grounds and has drawn criticism from opposition lawmakers. Multiple impeachment requests against Moraes remain pending in Congress but have not advanced to a Senate vote capable of removal. These developments, combined with the absence of any successful challenge to his tenure or eligibility since his appointment in 2017, underpin traders’ strong expectation that he will retain his position.