The State of Texas has been a leader in the pushback against environmental, social and governance (ESG) policies, passing some of the first anti-ESG laws in the country. Last week, Texas Attorney General Ken Paxton moved to protect the coal industry from what Paxton says is an effort on the part of large investment firms to not only shrink coal companies — but also unfairly profit from them.
Read MoreTag: Texas
State AGs Sue Three of the World’s Biggest Asset Managers for Allegedly Violating Antitrust Laws
Texas Attorney General Ken Paxton is leading 10 other GOP state attorneys general in a lawsuit against BlackRock, State Street Corporation and Vanguard Group, three of the largest asset managers worldwide, for allegedly violating antitrust laws.
The firms allegedly conspired to use anticompetitive trade practices to artificially constrict the coal market, according to Paxton’s office. They acquired substantial stockholdings in all significant, publicly held coal producers in the U.S., allowing them to have the power to control coal company policies. These asset managers pushed for reduced coal output by more than half by 2030.
Read MoreGovernor Abbott Issues Executive Order to Arrest CCP Operatives in Texas
Gov. Greg Abbott issued an executive order “to protect Texans from the coordinated harassment and coercion by the People’s Republic of China (PRC) or the Chinese Communist Party (CCP).”
Read MoreTexas Officers Apprehend Human Smugglers, Rescue Unaccompanied Children
Texas Department of Public Safety troopers continue to apprehend human smugglers and rescue unaccompanied minors at the border through Gov. Greg Abbott’s border security mission, Operation Lone Star.
Read More‘Take the Red Pill:’ Musk’s Support for Trump Follows Wave of Government Probes into His Companies
As Elon Musk ramps up his $1 million-a-day support for Donald Trump, what appears to be a record of progressive harassment of his many companies may explain how the world’s richest man went all-in for Republicans.
Read More16 AGs Call on DHS to Verify Citizenship Information of Registered Voters
Sixteen attorneys general, led by Ohio AG Dave Yost, called on Department of Homeland Security Secretary Alejandro Mayorkas to provide voter registration information to states, particularly when it relates to citizenship status.
The AGs “raise grave concerns that by failing to work with States to verify voter registration information, your office has failed to discharge its duty ahead of a national election,” the letter to Mayorkas states.
Read MoreNew York Times Poll: GOP Poised to Win Back the Senate
The latest polling suggests that the Republican Party is likely to retake control of the United States Senate in November, presenting further complications for the ruling Democratic Party regardless of the outcome of the presidential election.
As reported by Newsmax, the poll by the New York Times and Siena College focuses on three Senate races this year: Montana, Florida, and Texas. Despite Democratic efforts to take the former swing state of Florida or break through the traditionally red stronghold of Texas, both incumbents there are polling ahead of their challengers.
Read MoreNon-Citizens and Duplicate Ballots Discovered in a Dozen States Including D.C. Ahead of November Elections
With the November election fewer than six weeks away, states and localities are cleaning up voter rolls and sending out ballots to voters. However, multiple jurisdictions are experiencing issues in preparation for Election Day.
As voters in some states have already begun the early and absentee voting process, several jurisdictions have recently found problems in the administrative process, such as non-citizens on voter rolls and duplicate ballots sent out to voters.
Read MoreSupreme Court’s Coming Term to Feature Cases on Child Sex Change Limits, Guns and Pornography
The Supreme Court’s coming term will include cases on child sex change limits, guns and pornography.
The 2024-2025 term will kick off when the justices hear their first case on October 7. To date, 28 petitions have been granted, with more cases to be added to the docket in the coming weeks.
Read MoreInvestment Giants Leveraged Texas Universities’ Endowment Funds to Back Anti-Oil Agenda, Report Finds
Several asset managers leveraged two major Texas university systems’ endowment funds to advance anti-fossil fuel shareholder proposals in 2022 and 2023, according to a report from the conservative watchdog group American Accountability Foundation (AAF).
BlackRock-owned Aperio Group, Cantillon, former Vice President Al Gore-chaired Generation Investment Management, GQG Partners and JP Morgan Asset Management collectively manage approximately $4 billion for The University of Texas/Texas A&M Investment Management Company (UTIMCO) as of July, which handles the university systems’ endowments.
Read More