Claudia Sheinbaum, inaugurated in October 2024 for a six-year term ending in 2030, maintains approval ratings above 68 percent as of March 2026 amid ongoing implementation of infrastructure, housing, and minimum-wage measures. Recent months have featured U.S. indictments of Morena party officials on drug-trafficking charges that triggered temporary resignations and internal party tensions, alongside legislative setbacks such as the March rejection of an electoral reform bill. Security cooperation with the United States and efforts to attract investment through Plan México remain central, yet no formal resignation, impeachment proceedings, or constitutional challenges have emerged. Traders therefore weigh the stability of her legislative majority and polling resilience against potential escalation in bilateral cartel pressures or future midterm dynamics that could alter her position before term end.