Mexican Opposition Lawmakers Block Hurtado Nomination

Mexico’s president, Felipe Calderón, looks to be facing opposition from lawmakers in his attempt to push through the nomination of Carlos Hurtado for a seat on the board of directors of Mexico’s Central Bank, Banxico. Opposition senators are blocking the appointment because of Hurtado’s former position as deputy finance minister in charge of spending under Vicente Fox’s administration. The five-member Banxico board has had a vacant seat since the end of last year.