"Texas Launches 'Anti-Woke' Stock Exchange Backed by BlackRock and Citadel"

1 min read
Source: Newsweek
"Texas Launches 'Anti-Woke' Stock Exchange Backed by BlackRock and Citadel"
Photo: Newsweek
TL;DR Summary

Texas Governor Greg Abbott faces conservative backlash for supporting the creation of a Texas Stock Exchange, which has received funding from BlackRock, a company criticized by conservatives for its ESG initiatives. Despite Abbott's previous criticism of BlackRock, he praised the new exchange for its potential to reduce regulatory burdens compared to NYSE and Nasdaq.

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