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Texas Stock Exchange could become reality in 2025

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Texas Stock Exchange could become reality in 2025


As the Texas economy continues to grow, state leaders announced the launch of the Texas Stock Exchange.

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“Today’s announcement is the next logical step in the trajectory of business in Texas,” said Gov. Greg Abbott.

Abbott says the Texas Stock Exchange, or TXSE, is well on its way to becoming a reality, set to go live in 2025.

“Pending approval, we will execute our first trades at the end of next year and launch listings in early 2026,” said TXSE founder and CEO Jim Lee.

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TXSE will operate electronically from Dallas as a national stock exchange with companies from around the world able to trade and list their shares.

“That expands the financial might of Texas in the United States and cements our economic power on the global stage,” said Abbott.

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TXSE has already raised more than $135 million, and Lee says it was a no-brainer given the size of the Texas economy.

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“With a GDP of $10.6 trillion, Texas is now the eighth-largest economy in the world,” said Lee.

Texas currently leads the nation in economic development projects, and is already home to energy companies like Chevron, tech companies like Dell and AT&T, and innovators like Tesla and SpaceX. Abbott believes with the addition of TXSE, that growth will continue.

“What that does is going to bring even more businesses to the state of Texas. And in doing so, that means many more good, high-paying jobs for our state,” said Abbott.

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The Texas Stock Exchange is even setting its sights on being a serious competitor to Wall Street, with TXSE leaders suggesting it will be more business-friendly than its New York counterpart.

“We make it as easy as possible to do business in the state of Texas. The same thing goes with the Texas Stock Exchange,” said Abbott.

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The Texas Stock Exchange still has to get federal approval from the Securities and Exchange Commission, which we’re told will likely happen in the coming months.



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Austin, TX

How many immigrants have been arrested? See which Texas cities had ICE raids this weekend

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How many immigrants have been arrested? See which Texas cities had ICE raids this weekend


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Within a week of Donald Trump’s second term as president, several raids were conducted by ICE agents throughout Texas as well as the rest of the U.S. Upon entering office last Monday, Trump delivered on a campaign promise and issued an executive order to “protect the American people against invasion.” His administration has said the aggressive deportation efforts would prioritize “violent offenders.”

The Drug Enforcement Agency, the FBI and the Bureau of Alcohol, Tobacco, Firearms and Explosives assisted with the Texas operations.

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An ICE spokesperson confirmed the raids in North Texas in an emailed statement to Texas Public Radio:

U.S. Immigration and Customs Enforcement along with our federal law enforcement partners began conducting enhanced targeted operations today in North Texas and the state of Oklahoma to enforce U.S. immigration law and preserve public safety and national security by keeping potentially dangerous criminal aliens out of our communities.

How many undocumented immigrants have been arrested?

Beginning Thursday, Jan. 23, ICE has reported single-day U.S. statistics for the number of individuals arrested and charged with a crime as well as those detained.

  • Jan. 23: 538 arrests, 373 detainers lodged
  • Jan. 24: 593 arrests, 449 detainers lodged
  • Jan. 25: 286 arrests, 421 detainers lodged
  • Jan. 26: 956 arrests, 554 detainers lodged

Similar operations occurred in Arizona, California, Colorado, Florida, Georgia, Illinois, Massachusetts, Michigan, Minnesota, Nebraska, New Jersey and New York, according to various news reports.

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It is unclear how many of these arrests and detainments occurred in Texas. However, several cities across the Lone Star State saw these “enhanced targeted operations” on Sunday.

Where did the ICE raids happen in Texas?

Officials have yet to confirm how many undocumented immigrants were apprehended in Texas Sunday. However, local news outlets suggest the following areas have been subjected to the raids:

How many undocumented immigrants are in Texas?

About 1.6 million unauthorized immigrants reside in Texas, according to July 2024 data in a Pew Research Center report.



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Austin, TX

ICE conducts 'targeted enforcement' in Austin over weekend

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ICE conducts 'targeted enforcement' in Austin over weekend


U.S. Immigration and Customs Enforcement and the Drug Enforcement Administration conducted “targeted enforcement actions” in Austin and other cities on Sunday, the DEA Houston division confirmed.

“The DEA Houston division assisted DHS with their targeted enforcement actions. We’ve assisted in several cities to include Austin,” said DEA spokesperson Sally Sparks in a text message to KUT News.

The DEA Houston division operates in a large swath of Texas, all the way from the southern border to as far north as Waco.

The division posted photos associated with the operations on X, formerly known as Twitter, Sunday.

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According to ICE, enforcement operations involve “the identification, arrest, detention and removal of aliens who are subject to removal or are unlawfully present in the United States.” KUT News has reached out to Homeland Securities Investigations for further details about Sunday’s operations.

The news of ICE’s activities in Austin comes just over a week after Trump administration “border czar” Tom Homan said ICE would begin conducting illegal immigration enforcement raids. Homan said those raids would begin Tuesday, Jan. 21, and identified Chicago as an early target in an interview with Fox News.

“We’re going to take the handcuffs off ICE and let them go arrest criminal aliens. That’s what’s gonna happen,” Homan said.

ICE confirmed to the Texas Newsroom that operations are also underway in North Texas, where dozens of individuals were arrested over the weekend.

KXAN was first to report the news of ICE’s operations in Austin.

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This is a developing story.





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Austin, TX

Yellow Jackets Fall to No. 1 Texas in Championship Match

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Yellow Jackets Fall to No. 1 Texas in Championship Match


AUSTIN, Texas – The Yellow Jackets faced the number one team in college tennis on Sunday but fell 0-4 to Texas in the championship match of the ITA Kickoff Weekend at the Austin Regional.

In doubles action, Texas jumped to a quick 1-0 lead on the day, claiming doubles courts one and three. The duo of Sebastian Eriksson and Jonah Braswell got a 6-3 over the Tech pairing of Gabriele Brancatelli and Robert Bauer, before the No. 7 ranked doubles team of Lucas Brown and Timo Legout got a 6-4 win over No. 19 Krish Arora and Christophe Clement.

In singles action, the Yellow Jackets were unable to stop the Longhorns’ momentum, eventually dropping three singles matches, and falling 0-4 in the championship match.

No. 90 ranked Nate Bonetto faced Legout, who is ranked No. 3, but fell 1-6, 1-6, putting Texas up 2-0.

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Branctelli took on No. 2 Sebastian Gorzny, but dropped his match 3-6, 2-6.

Sebastian Eriksson of Texas closed out the win for the Longhorns, defeating Georgia Tech’s Gianluca Carlini 6-1, 6-3.

Tech will be back in action Thursday, Jan. 30, as they welcome Georgia State to the Ken Byers Tennis Complex for a match at 4 p.m.

#1 Texas 4, Georgia Tech 0
Singles

  1. #3 Timo Legout (TEX) def. #90 Nate Bonetto (GT) 6-1, 6-1
  2. #2 Sebastian Gorzny (TEX) def. Gabriele Brancatelli (GT) 6-3, 6-2
  3. Pierre-Yves Bailly (TEX) vs. Christophe Clement (GT) 6-4, 4-0, unfinished
  4. #20 Jonah Braswell (TEX) vs. Krish Arora (GT) 7-5, 1-0, unfinished
  5. Sebastian Eriksson (TEX) def. Gianluca Carlini (GT) 6-1, 6-3
  6. #116 Lucas Brown (TEX) vs. Richard Biagiotti (GT) 6-3, 2-3, unfinished

Doubles

  1. #7 Lucas Brown/Timo Legout (TEX) def. #19 Krish Arora/Christophe Clement (GT) 6-4
  2. Sebastian Gorzny/Pierre-Yves Bailly (TEX) vs. #44 Nate Bonetto/Gianluca Carlini (GT) 6-5, unfinished
  3. Sebastian Eriksson/Jonah Braswell (TEX) def. Gabriele Brancatelli/Robert Bauer (GT) 6-3                                                     

Full Steam Ahead
Full Steam Ahead is a $500 million fundraising initiative to achieve Georgia Tech athletics’ goal of competing for championships at the highest level in the next era of intercollegiate athletics. The initiative will fund transformative projects for Tech athletics, including renovations of Bobby Dodd Stadium at Hyundai Field (the historic home of Georgia Tech football), the Zelnak Basketball Center (the practice and training facility for Tech basketball) and O’Keefe Gymnasium (the venerable home of Yellow Jackets volleyball), as well as additional projects and initiatives to further advance Georgia Tech athletics through program wide-operational support. All members of the Georgia Tech community are invited to visit atfund.org/FullSteamAhead for full details and renderings of the renovation projects, as well as to learn about opportunities to contribute online.

For the latest information on the Georgia Tech Yellow Jackets, follow us on X (@GT_MTEN), Instagram (GT_MTEN), Facebook (Georgia Tech Men’s Tennis) or visit us at www.ramblinwreck.com

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