Paraguay's president is impeached minutes after resigning following a bank collapse

NPR News Nov 5, 2026 00:00 1 min read 1 reads

Paraguayan lawmakers voted to impeach President Santiago Peña minutes after his resignation, as the collapse of a digital bank tied to his government froze millions of people's savings.

The Americas

Paraguay's president is impeached minutes after resigning following a bank collapse November 5, 20261:30 PM ET

The Associated Press

A demonstrator holds a mock U.S. dollar bill depicting Paraguayan President Santiago Peña during a protest against the government and Ueno Bank, which Paraguay's central bank seized amid a solvency crisis, in Asunción, Paraguay, Wednesday. Jorge Saenz/AP hide caption

Jorge Saenz/AP

ASUNCIÓN, Paraguay — Paraguay's lower house voted unanimously Thursday to impeach President Santiago Peña just minutes after he announced his resignation, as the collapse of a major digital bank tied to his government froze millions of people's savings, sent protesters surging into the streets and turned his own party against him.

Paraguay's president is impeached minutes after resigning following a bank collapse

The Americas

Paraguay’s president quits after millions of people’s savings frozen in bank crisis

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