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Argentina's Senate Makes the BCRA Chief Easier to Remove Than the President

Empty burgundy leather benches in a legislative chamber, one seat vacant with a folded newspaper on it
Argentina's Senate lowered the bar for removing the central bank's chief — now easier to oust than a sitting president. Illustration: MarketIntelLabs

Senators lowered a proposed two thirds of both houses removal bar to a Senate absolute majority before passing the central bank charter rewrite 46 to 22; the bill now returns to the Chamber of Deputies for reconciliation Argentina's Senate passed the BCRA Organic Charter rewrite 46 to 22 on September 24, 2026, clearing the two thirds of members present threshold Senate Rule 146 requires. A pre-session inter-bloc agreement, read into the record at the outset, lowered the removal bar for a BCRA board member from a two thirds vote of both houses of Congress (the same threshold used to remove a sitting president) to a Senate absolute majority. Two floor amendments to add an employment or growth…

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