AMLO rejected reform that allows banks to “seize payrolls” to collect credits

President Andrés Manuel López Obrador expressed his disagreement with the reforms that the Congress of the Union is working on, which allow banking institutions to collect directly from payroll the credits acquired by workers.

During his morning conference in Minatitlán Veracruz, this Friday, López Obrador asked federal legislators to be aware and asked them to reflect their vote on this issue because workers' wages “cannot be garnished” and asked the Congress of the Union to thoroughly review these reforms the general title and operations laws of Credit, Organizations and Activities Auxiliary to Credit, and the Financial Services User Protection Act

López Obrador expressed his rejection of these legal amendments that were approved this Thursday, 17, and showed that they are not yet approved in both chambers and if the Deputies and Senators formally approve them, he could exercise his right of veto.

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