Santiago Peña faced rising ire after the collapse of a bank to which he had been connected.
November 5, 2026 at 6:15 p.m. ESTYesterday at 6:15 p.m. EST
Paraguay's President Santiago Peña before a parade during his inauguration in 2023. (Jorge Saenz/AP)
Paraguay’s president, Santiago Peña, resigned Thursday after millions of his country’s citizens lost access to their bank accounts because of the implosion of a digital lender to which he had until recently been tied.