Claudia Sheinbaum maintains approval ratings near 68-70% two years into her six-year term, supported by Morena's congressional majorities and reported declines in intentional homicides exceeding 50% since late 2024. Recent polling shows stability through October 2026, with strong backing for social programs and digital regulation initiatives, though perceptions of security, corruption, and economic performance remain mixed. No active impeachment proceedings, resignation signals, or coalition fractures have emerged. Key upcoming factors include the USMCA review process with the United States, midterm elections, and fiscal pressures that could influence trader assessments of continuity risks through 2030.