Governor Greg Abbott addressed a group of business leaders and investors at the New York Stock Exchange (NYSE) Summit in Houston, highlighting Texas’ robust economy and the many opportunities for businesses to thrive in the state. He emphasized that people and companies are flocking to Texas due to its freedom, unique offerings, and attractive business climate.
During his fireside chat with NYSE Vice Chairman John Tuttle, Governor Abbott spoke about pro-business policies that have been implemented in Texas to support companies and encourage investment. He discussed policies such as establishing the Texas Business Court, delivering the largest tax cut in state history, and working tirelessly to strengthen the power grid to ensure businesses have access to affordable and reliable energy. As a result of these efforts, Texas has won the Governor’s Cup for 12 consecutive years for having the most business relocation and expansion projects, demonstrating its appeal to businesses.
Governor Abbott also shared an update on Texas’ response to severe storms in North Texas and other regions of the state. He urged Texans who have experienced damage to their homes or businesses to report it at damage.tdem.texas.gov so they can connect with recovery resources and determine eligibility for federal disaster assistance. This collaborative effort will help officials provide support to affected Texans during challenging times.
In recognition of his outstanding contributions as a leader in promoting economic growth and development in Texas, Governor Abbott was awarded the NYSE Bull Award at the summit. However, he rebranded it as “The Longhorn Award” in honor of Texas’ state symbol – a nod to his dedication towards promoting a prosperous future for all Texans.