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| Trump Mexico visit: Luis Videgaray quits as finance minister | Trump Mexico visit: Luis Videgaray quits as finance minister |
| (about 1 hour later) | |
| Mexican Finance Minister Luis Videgaray has resigned following the visit of Donald Trump last week. | Mexican Finance Minister Luis Videgaray has resigned following the visit of Donald Trump last week. |
| Mr Videgaray was seen as the main organiser of the controversial meeting between Mr Trump and President Enrique Pena Nieto. | Mr Videgaray was seen as the main organiser of the controversial meeting between Mr Trump and President Enrique Pena Nieto. |
| The visit was widely criticised by Mexicans both in the national press and on social media. | The visit was widely criticised by Mexicans both in the national press and on social media. |
| A spokesperson for the ministry said Mr Videgaray would not take on another public office. | A spokesperson for the ministry said Mr Videgaray would not take on another public office. |
| He will be replaced by the current Minister of Social Development, Jose Antonio Meade. Mr Meade previously held the finance portfolio in 2011 and 2012. | |
| Mr Trump, the Republican nominee for the US presidency, visited Mexico briefly on 1 September, despite widespread condemnation of some of his earlier comments about Mexican migrants to the United States. | Mr Trump, the Republican nominee for the US presidency, visited Mexico briefly on 1 September, despite widespread condemnation of some of his earlier comments about Mexican migrants to the United States. |
| He had called Mexican migrants "criminals" and "rapists". Such remarks led President Pena Nieto to compare the American to Italian fascist leader Mussolini, and Adolf Hitler. | He had called Mexican migrants "criminals" and "rapists". Such remarks led President Pena Nieto to compare the American to Italian fascist leader Mussolini, and Adolf Hitler. |
| Mr Videgaray has been one of the president's closest advisers, orchestrating a successful re-election campaign in 2012. | Mr Videgaray has been one of the president's closest advisers, orchestrating a successful re-election campaign in 2012. |
| However, Mr Trump's visit almost immediately caused public relations problems, when he appeared later that day at a rally in Arizona. | However, Mr Trump's visit almost immediately caused public relations problems, when he appeared later that day at a rally in Arizona. |
| There, he told the crowd Mexico would "100%" pay for a planned border wall, though he told reporters he had not discussed the issue with President Pena Nieto. | There, he told the crowd Mexico would "100%" pay for a planned border wall, though he told reporters he had not discussed the issue with President Pena Nieto. |
| The president later insisted he had told Mr Trump that Mexico would not pay. | The president later insisted he had told Mr Trump that Mexico would not pay. |
| In 2014, Mr Videgaray came under fire when a newspaper investigation revealed he had bought his home from a construction firm whose parent company had won major public contracts. | In 2014, Mr Videgaray came under fire when a newspaper investigation revealed he had bought his home from a construction firm whose parent company had won major public contracts. |
| He denied any wrongdoing or conflict of interest. | He denied any wrongdoing or conflict of interest. |
| President Pena Nieto said the new minister will "apply adjustments to public spending" but there will not be any rise in taxes. |