Abbott: Texas Has “A Stronger Brand Than New York”

CNBC reports:

Texas is continuing to stake a claim as a rival to Wall Street as a key financial hub in the United States, with Gov. Greg Abbott on Tuesday saying his state has a “stronger brand than New York.” “Capital markets are realizing that the place to be is Texas,” Abbott said on CNBC’s “Squawk Box.”

The Texas Stock Exchange plans to launch in 2026 and recently announced several key hires for its exchange-traded products business.

The financial industry’s leading companies are also working to increase their presence in the Lone Star State. The New York Stock Exchange announced in February it would relocate its Chicago operations to Texas, and on Tuesday, Nasdaq announced it will open a regional headquarters in Dallas.

Read the full article.

Texas has

READ MORE OF THIS POST AT Joe My God