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Lula Weighs Replacing Senate Leader Amid Banco Master Fallout

Bloomberg Markets · Jun 23, 2026, 3:17 PM · Also reported by 2 other sources

President Luiz Inácio Lula da Silva sees Senator Jaques Wagner as a growing liability to his reelection campaign after a police investigation drew his longtime ally into Brazil’s biggest banking fraud probe, according to a person with knowledge of the matter.

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Lula Weighs Replacing Senate Leader Amid Banco Master Fallout

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