The Presidential Daily Brief


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    The ‘Car Wash’ That’s Scouring Brazilian Corruption

    Does it go all the way to the top? Initially focused on low-tech money laundering, Brazil’s 3-year-old Operation Car Wash soon uncovered connections to state oil company Petrobras. New corruption legislation allowing plea bargaining saw wealthy suspects, who’d normally be bailed out instantly, stay in jail until they talked, and their information has revealed a $5 billion graft operation. Now President Michel Temer, who denies accusations of obstruction prompted by his recorded voice, could see his presidency fall — along with Brazil’s economy, which is still struggling to escape recession.

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