Mexico's treasury minister resigns after Trump visit

Mexican Treasury Minister Luis Videgaray has resigned, a week after Donald Trump's controversial visit to the country to meet with President Enrique Peña Nieto, a ministry spokeswoman said Wednesday.

Videgaray, one of Peña Nieto's closest advisers, did not state a reason for stepping down, but he will not take another public position for the time being, Finance Ministry spokeswoman Claudia Algorri said.

Trump's visit to Mexico City was largely seen as a humiliation for Mexico and its president. Local media reports said the Trump invitation was Videgaray’s idea, but he and Peña Nieto have disputed that claim, The Wall Street Journal reported.

The Aug. 31 visit sparked unkind headlines for Peña Nieto. “Trump uses EPN,” the Mexico City daily Reforma said, using the president's initials. El Universal ran a softer headline: “After the visit, Peña sees the threat in Trump.”

During their meeting, Peña Nieto didn't demand that Trump apologizes for having called Mexican migrants rapists and criminals. He also stood silently at their joint news conference while the Republican presidential candidate repeated his promise to build a wall on the border between the U.S. and Mexico.

Videgaray. 48, is a former investment banker and economist with a doctorate from MIT. He will be replaced by a former finance chief José Antonio Meade, the Journal reported.

Contributing: David Agren

USA Today


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