Brazil names pro-privatization Moreira as new mines and energy minister

President Temer has appointed as Minister of Mines and Energy a pro-privatization aide, Wellington Moreira Franco, who “served as Temer's infrastructure investment czar, which included oversight of concessions and privatizations.” His portfolio includes overseeing the proposed privatization of Centrais Eletricas Brasileiras SA (Eletrobras). Moreira Franco’s appointment “ends the battles of two senators and former energy ministers, who had proposed candidates to the role in an effort to scuttle the privatization.”