Texas Gov. Greg Abbott on new stock exchange: A place for companies whose only agenda is capitalism

Texas Governor Greg Abbott joins 'Squawk Box' to discuss the state's plans to launch a new national stock exchange, President Biden's executive order on the southern border, state of the 2024 race, and more.

[n.manasseh]

YES!!!! Break up Wall Street. We should have never allowed the entire nation's financial and banking system monopolized and held hostage by one city.

[tysincain]

As a Texan I approve of The TxSE
Ready to ditch The NYSE 😊
New York is done ✔️

[jasenflint]

A Texas Stock Exchange would be a game-changer. Who wants to do business in a state like NY when they can fabricate charges, stretch the law, and pick a 'judge' to make sure a person is convicted? And if Texas ever wanted to leave the U.S. having a separate stock exchange would ensure access to capital markets. It's a good move.

[BigTexMSH]

Shut up Joe and let the governor talk!!

[ddduva]

NYC and the state are busily inflicting self harm…

[b.w.]

Sounds great. Do not list the Chinese companies.

[bingo]

Trump should not take any good governors out of their jobs for a VP slot. That would be a mistake.

[thenewbanker]

LMAOOO Isn’t Blackrock the ESG firm?? LMAOOOO doesnt Texas and Abbott have beef with them

[ezekielelizondo]

God bless Governor Abbot, God bless Texas.

[joshh]

What does the border have anything to do with the exchange. Come on, focus!

[mudewitz]

Can #Blackrock make a #blockchain based exchange? Hi Technology exchange coming to #Texas. #cryptocurrency

[pneumaticdetach]

Greg Abbott, The BEST Governor in the Country!

[V-xp]

Good move Abbott more Democrats moving to Texas

[rnorrr]

Thats the excahnge for criminals. Anyone that would allow are participate would be fools

[pippylongstocks]

Blackrock and citadel.. not touching that with a 10 foot pole

[romefl]

Joes order will be rescinded in January if he wins . Remember in November

[toddtheisen]

John Deere just did this exact madness. Profits up 42% year over year. Forty Two percent. And the CEO response? Layoff factory workers that generated that profit. Because there is a union contract coming up and he needs to strike fear into the rank and file. Madness.

[crazyfox]

CNBC has reached peak MAGA outreach with Joe interviewing Abbott. I legit though this clip was from Fox News.

[zawierk]

This is really about companies listing on an exchange. It sounds like the free market is working as then companies can choose whoch exchange to list on. There is a big difference between where a company is listed and where it trades. A stock can be listed in Texas and trade on every platform. It's about the listing rules being impossed by the exchange and it sounds like there will be less red tape in Texas.

[D.]

Texas wants to have thier own stock exchange.🤣 Like NYC’s Wallstreet, but in Dallas (The Financial District of Texas). Which requires Fiber for high speed trading. Yet Austin gets fiber first😂. Y’all sure got your priorities in order down there. Hasn’t ATT been trying to get fiber ran through Dallas for over 10 years now? And it’s still off? unavailable? Just hanging from all the poles like a hot noodled mess. Yea😂 I definitely DO NOT see Texas being able to handle a stock exchange. Leave the the brains to us boys, you still haven’t even figured out how to do the most basic winterizing to your power grid. But yea let’s do a stock exchange on the copper phones lines we still use from 1875 😭