Flávio Bolsonaro meets with bankers and businessmen in São Paulo

Flávio Bolsonaro met with prominent businessmen and bankers in São Paulo on Thursday to outline his government's plans. He was accompanied by Daniella Marques, the campaign's economics coordinator and former president of Caixa Econômica Federal during his father's administration.

The meetings included discussions with executives from Bradesco and a dinner hosted by Marcelo Kayath, a partner at QMS Capital and former Credit Suisse executive. Kayath had previously hosted similar events for Luiz Inácio Lula da Silva during the 2022 election.

During these encounters, Marques presented economic proposals, while Bolsonaro addressed political matters. Participants noted Bolsonaro's argument that indigenous people "want to be included" and his promise to "unlock Brazil" through "environmental licensing within the law, but without ideological criteria." He also suggested that a re-election of Lula would hinder businesses' ability to sell products.

However, the financial market, particularly in São Paulo's Faria Lima district, reportedly views Bolsonaro's proposals with skepticism. Concerns include a lack of concrete economic and fiscal solutions. His proximity to Daniel Vorcaro of Banco Master has also been cited as a factor weighing against support.