Houston Daily

Governor Greg Abbott highlighted Texas’ economic growth and the strength of its finance sector during a fireside chat at the second annual Texas Economic Development Corporation (TxEDC) Investor Summit.

"The Texas economy is leading America," said Governor Abbott. "We have a young, growing, and diverse workforce, a reasonable and predictable regulatory environment, and no state income tax. The greater Dallas-Fort Worth area has been particularly successful in contributing to Texas' success by launching the Texas Stock Exchange, expanding Nasdaq and New York Stock Exchange branches, and bringing Fortune 500 companies into the state. We will continue to inspire innovators and ensure that the freedom of opportunity that Texas offers is a beacon that draws people all over the world to our great state."

Governor Abbott discussed how both Fortune 500 companies and small businesses are moving to Texas due to what he described as business-friendly policies. He stated that these trends position Texas as “the modern embodiment of the American Dream,” emphasizing efforts to create more opportunities for future generations.

Abbott also pointed out the role of Dallas-Fort Worth in making Texas a financial center in the United States. He reiterated plans for continued regulatory reforms intended to support businesses of all sizes.

The event’s fireside chat was moderated by Glenn Hamer, President and CEO of the Texas Association of Business. Other attendees included Arun Agarwal, Chairman of TxEDC’s Board of Directors; Aaron Demerson, TxEDC President and CEO; along with other elected officials and business leaders.

Photos from the event are expected to be made available at a later date.