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EDITION Nº 006 · BRAZILMONDAY, NOVEMBER 2, 2026 · 14:13
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GOVERNMENT & PUBLIC FINANCES29 OCT 2026 · 05:38

President of the TSE states that the 2026 elections took place normally

Kassio Nunes Marques responds to Flávio Bolsonaro's letter, which classifies the election as rigged, and says that the Electoral Court respects the will of the electorate.

BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM MONEY TIMES · 2 MIN

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The president of the Superior Electoral Court (TSE), Kassio Nunes Marques, stated on Wednesday (28) that the 2026 Elections took place normally. The statement, according to Money Times, came shortly after a letter from Flávio Bolsonaro (PL-RJ), the defeated candidate in the race for the Presidency of the Republic.

In the letter, Flávio Bolsonaro states that the election was “rigged”. The divergence between the defeated candidate and the country's main electoral court places the credibility of the process that defined the result of the presidential election at the center of public debate.

When commenting on the progress of the vote, Kassio attributed the result to the efforts of civil servants, poll workers and security forces, according to the same report. According to the President of the Court, the collective effort was what allowed the election to take place as expected.

Kassio also said that the Electoral Court is committed to the sovereign will of the electorate. The message seeks to separate the discussion about the fairness of the election from the political dispute that followed the vote.

For those who follow the economy, the issue goes beyond the political field. Contested elections tend to raise doubts about the country's institutional predictability, something that weighs on the evaluation of long-term investments. A clear, auditable electoral process that is accepted by the defeated reduces uncertainty and helps investors calculate the future.

What changes for the investor

The practical effect depends on how the contestation evolves. If the disagreement is limited to the political debate, the impact tends to be less on the economic agenda. If it becomes institutional tension, the market may start to price more governance risk, which affects interest rates, exchange rates and the appetite for Brazilian assets. Those who invest must follow the next government's signals about fiscal responsibility and respect for the rules, without making decisions based solely on headlines. This material does not constitute a recommendation to buy or sell any asset.

Automatically translated from Portuguese.

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