NEW YORK – During the New York Stock Exchange (NYSE) Summit held in the city of Houston. Texas Governor Greg Abbott defended the state’s economy and the business opportunities that allow companies to thrive.
“People and businesses continue to move to Texas because we offer freedom and opportunity you can’t get anywhere else. That includes freedom from government overreach, high taxes and burdensome bureaucracy. Our ability to partner with businesses allows us to attract new investment, which is why we have won the Governor’s Cup for 12 consecutive years for the most business relocation and expansion projects,” said Governor Abbott.
Before a crowd of more than 150 business leaders, Governor Abbott called attention to the pro-business policies that allow companies from around the world to thrive in Texas, including protecting businesses from burdensome regulations, creating the Texas Business Court, and delivering the largest tax cut in state history.
Abbott noted that $18 billion “has been put back into the pockets of working people.” During the talk moderated by NYSE Vice Chairman John Tuttle, the Governor also discussed the state’s efforts to strengthen the electric grid, emphasizing the critical work Texas has done with the energy industry to provide affordable and reliable power to businesses across the state.
At the summit, Governor Abbott was presented with the NYSE Bull Award, which he quickly renamed the “Longhorn Award.” In addition, he shared an update on Texas’ ongoing response to the severe storms in the north and other regions of the state.
The Governor encouraged Texans to report any damage to their homes or businesses at damage.tdem.texas.gov.
