Abbott's support for the exchange raised eyebrows among some conservatives.
Texas Governor Greg Abbott sparked conservative backlash over his support for the Lone Star State starting its own stock exchange.The TXSE Group announced plans on Wednesday to create a Texas Stock Exchange, which would compete with the New York Stock Exchange and Nasdaq, according to a report from The Wall Street Journal. The exchange has received $120 million in funding from investors such as BlackRock and Citadel Securities.
ESG programs have become a sticking point for some on the right, who argue that companies that embrace them value social causes over shareholders' profits.In fact, Abbott himself has been sharply critical of BlackRock. In 2021, he signed a bill banning financial companies with ESG policies, including BlackRock, from doing business in Texas.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Greg Abbott Faces New Republican TestOpposition to Abbot's school vouchers plan has come from a united Democratic coalition and about two dozen Republicans who represent rural areas.
Read more »
Gov. Greg Abbott's pardon of Daniel Perry faces legal challengeClarissa-Jan Lim is a breaking/trending news blogger for MSNBC Digital. She was previously a senior reporter and editor at BuzzFeed News.
Read more »
Greg Abbott Says Biden's Border Order Will Lead to More Illegal Crossings'Today, I'm announcing actions to bar migrants who cross our southern border unlawfully from receiving asylum,' Biden said on Tuesday.
Read more »
Greg Abbott Announces Texas Disaster Declaration Amid Extreme WeatherA Presidential Disaster Declaration has been extended to five more Texas counties following extreme weather.
Read more »
Greg Abbott declares victory for his ‘school choice’ planGov. Greg Abbott was a big winner in Tuesday's Republican primary runoffs as many of his backed candidates defeated House incumbents who opposed his 'school...
Read more »
North Texas Republican Runoff Results Hand Greg Abbott, Ken Paxton More PowerWith revenge and school vouchers on their minds, two of the top Texas Republicans welcomed yet another round of victories on yet another election night in North Texas.
Read more »