PS secures two seats on Senate's key Finance Committee

Chile's Socialist Party secured two seats on the strategic Senate Finance Committee, while Renovación Nacional claimed the most seats across legislative commissions. This agreement, stemming from party negotiations, sets presidencies and memberships for coming years. The commissions were formed after a prolonged session last week.

The formation of legislative commissions in Chile's Senate progressed last week during an extended plenary session. Senators submitted proposals to the board, which approved the allocation without debate, enabling most committees to convene.

Renovación Nacional benefits most, with 90 seats across commissions for the four-year term (2026-2030). For the first year, its members will chair Foreign Relations (Manuel José Ossandón), Public Works (María José Gatica), Transport (Camila Flores), Fishing (Carlos Kuschel), and Future (Rojo Edwards). The Socialist Party follows with 81 seats, holding presidencies in Interior Government (Danisa Astudillo), Economy (Gastón Saavedra), and Health (Juan Luis Castro).

On the pivotal Finance Committee, which reviews economic bills and fiscal spending, the PS gained two seats: Paulina Vodanovic and Daniella Cicardini for this year. Vodanovic will lead it in 2028, alongside the Constitution Committee, crucial for judicial laws and constitutional changes.

Parties like PPD (69 seats), Republican Party (47), and UDI (34) fill the rest. Opposition negotiations sparked tensions; DC Senator Iván Flores decried the process as 'confused,' saying his party felt sidelined like 'the ham in the sandwich.' The PS-PPD-PL bloc dealt directly with the right, outpacing the DC-FA-PC-FRVS group (78 total seats).

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Illustration depicting ruling coalition's control of most Chamber committees, including Finance and Constitution, amid opposition rift.
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Ruling coalition takes control of most committees in Chamber

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On Tuesday, March 17, 2026, the ruling coalition secured a majority in 15 of the 27 permanent committees of the Chamber of Deputies, including the key Finance and Constitution committees. The deal reinforced the board agreement, incorporating the DC party, but highlighted a rift between PS and PPD in the opposition.

The Finance Committee of the Chamber of Deputies approved on Thursday the idea of legislating the national reconstruction megareform project. The initiative advanced with eight votes in favor from ruling party lawmakers, four against and one abstention from the PDG.

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In a key step for President Claudia Sheinbaum's electoral reform—initially unveiled February 25 and formally presented March 4 as the 'decálogo por la democracia' (see prior coverage)—the Chamber of Deputies' Constitutional Points and Political-Electoral Reform committees approved the proposal on March 10, 2026, by 45-39 votes. It heads to plenary discussion, likely March 11, amid PVEM and PT opposition despite their Morena alliance.

The newly elected Congress of the Republic, set to serve until 2030, faces the challenge of transforming legislation amid low institutional favorability. Two analyses emphasize the need to end corrupt practices and promote economic freedom to boost the country's development. Lawmakers are urged to prioritize reforms in health, education, and pensions, along with greater deliberation in votes.

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Economy Minister Luis Caputo and La Libertad Avanza Senate bloc leader Patricia Bullrich met with allied senators to discuss public works, regional economies, and fiscal balance. The meeting included UCR representatives and provincial dialoguist blocs. The government aims to garner support for its legislative agenda, including electoral reform.

President José Antonio Kast's government has delayed entry of its controversial 'National Reconstruction Plan'—recently renamed the 'economic reactivation reform'—into Congress until next week. Initially announced in March with an expected April 1 entry, the postponement allows final reviews and shifts focus to school security following a deadly incident in Calama.

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Brazil's Chamber of Deputies approved the Public Security Constitutional Amendment Proposal on the night of March 4, 2026, with 461 votes in favor and 14 against in the second round. The text, which provides funding through bets and the pre-salt social fund, heads to the Senate after negotiations that removed a plebiscite on reducing the age of criminal majority. The approval reflects dialogue between the government, the rapporteur, and the House president.

 

 

 

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