Brazilian Socialist Party Brazilian Socialist Party The Brazilian Socialist Party (, PSB) is a political party in Brazil. It was founded in 1947, before being abolished by the military regime in 1965 and re-organised in 1985 with the re-democratisation of Brazil. It elected six Governors in 2010, becoming the second largest party in number of state governments, behind only PSDB. In addition to that, it won 34 seats in the Chamber of Deputies and three seats in the Senate, besides having been a member of the "For Brazil to Keep on Changing" coalition, which elected Dilma Rousseff as President of Brazil. In 2014
History of Brazil highlighting the achievements of his term (e.g., reduction in poverty, unemployment and dependence on external resources, such as oil), and to distance himself from the scandal. Lula was re-elected President in the general elections of October 2006. Having served two terms as president, Lula was forbidden by the Brazilian Constitution from standing again. In the 2010 presidential election, the PT candidate was Dilma Rousseff. Rousseff won and assumed office on January 1, 2011 as the country's first female president. Nationwide protests broke out in 2013 and 2014 primarily over public transport fares and government expenditures on the 2014 FIFA World