Paraguay President Santiago Peña Resigns After Bank Ueno Collapse
The Congress must now accept or reject the resignation, while Pedro Alliana could take over the presidency.
The Congress must now accept or reject the resignation, while Pedro Alliana could take over the presidency.
What's next: The Senate must ratify his resignation and could still hold an impeachment trial, delaying Pedro Alliana's succession.
What's new: Colorado Party leaders pulled support from Peña, raising pressure as lawmakers weigh a two-thirds vote.