Brazilian Socialist Party party did well in the legislative elections, electing 34 deputies and 7 senators. The party later voted in favour of the impeachment of Dilma Rousseff and formed a coalition government with Brazil's new president, Michel Temer. In May 2017, the PSB withdrew its support from Temer and went into opposition. 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
Impeachment of Dilma Rousseff for stopping her impeachment, and also denied agreements to interfere with the Council of Ethics in exchange for approval of the re-introduction of the CPMF tax (Provisional Tax on Financial Transactions), which was a wish from the government. At a news conference on 2 December 2015, she said that she would never accept or agree to any kind of corrupt bargain. After this pronouncement by the president, Cunha said Rousseff had lied to the nation when she said she would not participate in any deal and that her government had much to explain to the country. Cunha claimed he was