Exodus

The Facebook link you shared (https://www.facebook.com/share/v/1AXc8JzgVB/) points to a video post featuring Texas Governor Greg Abbott. The accompanying caption or description highlights Texas as having the most powerful economy in the nation and claims that with the launch of "New York Stock Exchange Texas" (NYSE Texas), the state adds the title "Financial Capital of America" to its resume. It attributes this to free enterprise and common-sense business regulations.

This is **true** and based on real events and statements.

In early 2025, the New York Stock Exchange (part of Intercontinental Exchange, Inc.) announced plans to launch **NYSE Texas** — a fully electronic equities exchange headquartered in Dallas. This involved reincorporating its existing NYSE Chicago operations into Texas and renaming it NYSE Texas (pending and later receiving regulatory approval).

Governor Abbott celebrated this announcement, stating explicitly: "Texas is the most powerful economy in the nation, and now we will become the financial capital of America."

He rang the NYSE Closing Bell in celebration of the NYSE Texas launch (in Arlington, Texas, around August 2025), joined by NYSE executives and others. The move aligns with Texas' strong economic growth, hosting the most NYSE-listed companies (representing trillions in market value), and attracting businesses through pro-growth policies.

This ties into broader developments like the separate Texas Stock Exchange (TXSE) initiative and Nasdaq's expansions in the state, reinforcing Texas' rising role in finance.

The video appears to be promotional/official content echoing Abbott's and state announcements — no signs of fabrication or misinformation in the core claim. It's accurate boosterism from the Governor's office about Texas' economic momentum.

Henry McClure  
785.383.9994
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