Former banker Daniel Vorcaro, owner of Banco Master, has been invited to speak at a session of the Senate's Economic Affairs Committee (CAE) on February 24, coinciding with the first Tuesday following Brazil's Carnival festivities. The invitation comes from Renan Calheiros, the president of the CAE, who is leading a working group to monitor investigations related to the scandal involving Master Bank, which was liquidated by the Central Bank in November 2025. Although the working group can gather information, it lacks the authority to summon witnesses directly, a power reserved for Parliamentary Inquiry Commissions (CPIs).

Vorcaro has not publicly responded to the invitation from the CAE, and when reached through his press office, he declined to comment. Interestingly, he is also expected to appear before a mixed CPI regarding the INSS on February 26, where his attendance is mandatory. In anticipation of this event, there is speculation about the nature of his testimony and the insights he might provide into the banking scandal that has drawn significant scrutiny in Brazilian politics and the potential implications for regulation in the financial sector.

The attention on Vorcaro’s appearances demonstrates the growing interest in financial accountability and oversight in Brazil, as lawmakers seek clarity on the events that led to the bank's liquidation. This situation could also spark broader discussions related to banking regulations, governance, and the role of the Central Bank in ensuring institutional stability. Vorcaro's two upcoming sessions highlight the intersection of business, politics, and public policy in Brazil's current landscape, which continues to grapple with systemic issues in its financial institutions.