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https://www-infobae-com.translate.goog/politica/2024/03/14/el-senado-rechazo-la-validez-del-mega-dnu-de-milei-pero-por-ahora-seguira-vigente/?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=es&_x_tr_pto=wapp
Senate has rejected the Decree of Necessity and Urgency that Milei sent this December.
This decree got rid of many state interventions that harmed elements of the market such as the Rent Law, which by removing it rents skyrocketed these last months. By abolishing the markets would take more time in recovering themselves thus the economy may suffer afterwards.
Now this doesn't mean that it would no longer be functioning, it has to go through deputies if it's to be abolished, but this is also the first time a Decree of Urgency is rejected in the senate in the last 40 years.
We shall see how things work out from here.