Government returns to BC appointments next week

Planalto focused on changes in ministries and unlocking the sending of Messias’ letter of appointment to the Senate to fill the open vacancy in the STF

The president’s government (PT) will return to dealing with nominations for the two available vacancies on the board of directors next week. The PT member must listen to the president of the monetary authority, Gabriel Galípolo, to reconstitute the Economic Policy and Organization of the Financial System and Resolution directorates.

The Planalto has focused in recent weeks on broad ministerial reform due to the deadline for disqualification (April 4) of those who will contest this year’s elections. At least 18 ministers came to Esplanada for this purpose.

This Tuesday (March 31, 2026), Lula decided to send the letter of nomination of the Union’s attorney general, Jorge Messias, to the president of the Senate, (União Brasil-AP), for the vacancy opened in the Federal Supreme Court since that of Luís Roberto Barroso, on October 18, 2025. The PT member Messias on November 20 and resolving the impasse over forwarding Messias’ name to the Senate required greater commitment from the government.

On December 31, 2025, the terms of directors Diogo Guillen (Economic Policy) and Renato Gomes (Organization) and . Therefore, the two Copom (Monetary Policy Committee) meetings held in 2026 had 7 voters out of a possible 9.

There is caution when choosing, mainly due to the case involving , with allegations of fraud linked to the financial institution. On November 18, the BC decreed the extrajudicial liquidation of the bank founded by Daniel Vorcaro.

The Organization director’s duties include coordinating and executing bank settlement processes. An employee of the municipality since June 2006, Agnaldo Cobra Neto, 43 years old, was considered for the role. However, his name has not yet been taken to Planalto.

He is a consultant and substitute for the head of Unit in the Advisory for Parliamentary and Federative Affairs of the Central Bank and was appointed by Galípolo for this role on October 31, 2025.

From March 2023 to March 2025, he was assigned to the Chamber, where he worked as an economic advisor to the deputy (PSDB-RJ), who is the House’s rapporteur. The proposal is known as the banking resolution PL.

The text seeks to update the instruments for the BC, the Private Insurance Superintendency and the Securities and Exchange Commission to deal with financial institutions. Cobra Neto provided technical assistance for the preparation of the report. This work brought him into contact with government officials, such as the leader of the Government in the House, (PT-CE), since the proposal has been directly monitored by the Treasury.

Carolina Pancotto Bohrer, head of the (Financial System Organization Department), is also a name suggested for the Organization directorate, according to the Poder360. There is an understanding among BC employees that she is an excellent technician.

ECONOMIC POLICY

In January 2026, Lula named Guilherme Mello, current secretary of Economic Policy at the Treasury, for the BC board. There was a negative reaction from the financial market.

Guilherme Mello, 42 years old, is an economist with a degree from PUC-SP and a doctorate from Unicamp. He has been at the Economic Policy Secretariat since June 2023.

In February, Mello received a formal invitation to the Economic Policy directorate.

The approval of the nominated names is subject to a hearing at the CAE (Economic Affairs Committee) of the Senate. After eventual approval, the names must go through the plenary of the Upper House.