Brasília enters an election year on edge (preview)

Explaining Brazil

Explaining Brazil
Brasília enters an election year on edge (preview)
Feb 05, 2026
The Brazilian Report

Brasília is back to work — and the new legislative year has opened with all the familiar rituals: lofty speeches about stability, institutional balance, and dialogue, plus promises of an ambitious agenda ahead.

But this is no ordinary year.

Brazil is heading into a high-stakes election in October. Voters will choose a president, renew the entire House, elect two-thirds of the Senate, pick 27 governors, and decide the fate of hundreds of state legislators. From now on, everything in Brasília will be filtered through the election calendar — what Congress dares to vote on, what the government is willing to push forward, and even how and when Supreme Court justices make their moves.

And looming over all of it is a growing source of anxiety.

Hovering above the capital is the Banco Master case — an investigation lawmakers privately describe as unpredictable, corrosive, and potentially explosive. We touched on it last week, but its shadow is only getting longer.

Since Operation Car Wash erupted in 2014, Congress has not entered an election year under such a serious risk of being overwhelmed by corruption allegations — the kind that can torpedo campaigns, reshape alliances, and, in some cases, lead to criminal consequences.


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