Tarcísio admits the chance of running for President in 2030 and comments on Flávio Bolsonaro’s decision

The re-elected governor of São Paulo, Tarcísio de Freitas, confirmed to Estadão the possibility of running for President of the Republic in 2030. According to Money Times, the statement was given in an exclusive interview with Estadão on Wednesday (28), in which the governor also commented on the situation of Flávio Bolsonaro (PL).

Flávio Bolsonaro (PL) went to the United States, and Tarcísio claimed to have advised Flávio to stay in Brazil. When dealing with the matter, he mentioned that Flávio's father is in prison and said he did not judge the decision, as he considered it difficult to make this judgment.

According to Money Times, among those participating in the meeting with the council were lawyers, Tarcísio himself, Rogério Marinho and other people. The list of participants indicates that the topic included lawyers and political figures.

At the same time, the governor stated that he has other plans before the 2030 presidential race. In practice, the possibility is presented as a medium-term horizon, and not as an ongoing candidacy.

What changes for the investor

In the short term, in the information collected, there is no direct effect on share prices, interest rates or exchange rates. The 2030 election is far away, and the scenario could change with economic policy, the conduct of public accounts and the plans of possible candidates. Still, the market tends to follow signs about who could compete for the presidential succession, especially when there are indications about the fiscal agenda of these names. For those who invest in the stock market, Nasdaq, interest rates or the dollar, the case is, for now, a sign of the horizon and not a fact that changes the short-term scenario.

Automatically translated from Portuguese.