Email
MRT 6/4/25 (free) (sponsored by 1440 Media): TXSE on Track for 2026 Debut // All Eyes on Gov. Abbott for Veto Period // Whitmire Backs Rollback of Pension Reforms // $1M in PAC Spending Floods into SA
| From | Must Read Texas <[email protected]> |
| Subject | MRT 6/4/25 (free) (sponsored by 1440 Media): TXSE on Track for 2026 Debut // All Eyes on Gov. Abbott for Veto Period // Whitmire Backs Rollback of Pension Reforms // $1M in PAC Spending Floods into SA |
| Date | June 4, 2025 4:44 PM |
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[MustReadTexas.com]([link removed]) – [@MustReadTexas]([link removed])
BY: [@MattMackowiak]([link removed])
**[Subscribe to the daily email here]([link removed])****.**
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**WEDNESDAY **|** **6/4/2025
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**Good Wednesday morning.**
_Thank you for reading as a FREE subscriber._
» Become a PAID subscriber for $7/mo or $70/yr [here]([link removed]) and you will SAVE TIME and be BETTER INFORMED.
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_“If something of importance is known in Texas, Matt knows it. With a decline in the number of credible news organizations, the Must Read Texas morning email is indispensable for anyone that wants to continue to be informed.” – Former U.S. Senator __**Phil Gramm**__ (R-TX)_
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PRESENTING SPONSOR: **1440 Media**
### Looking for unbiased, fact-based news? Join 1440 today.
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Join over 4 million Americans who start their day with [1440]([link removed]) – your daily digest for unbiased, fact-centric news. From politics to sports, we cover it all by analyzing over 100 sources. Our concise, 5-minute read lands in your inbox each morning at no cost. Experience news without the noise; let 1440 help you make up your own mind. Sign up now and invite your friends and family to be part of the informed.
[Subscribe to 1440 today.]([link removed])
———————————————————————————
* **TOP NEWS**
“**Texas Stock Exchange stands by 2026 debut,**” via Bloomberg wire** **– “[Texas Stock Exchange]([link removed]) is on track to make its debut as a trading venue early next year as its powerful rivals intensify their push into the state, said **Jeb Hensarling**, an adviser to the proposed marketplace and former U.S. congressman.
After the start of trading, the upstart exchange aims eventually to add dual listings, initial public offerings and exchange-traded products, Hensarling said Tuesday in an interview with Bloomberg Television. The TXSE is seeking federal regulatory approval as a national securities exchange [after applying earlier this year]([link removed]).
TXSE is trying to carve out a niche as the New York Stock Exchange and Nasdaq fortify their footprints in the state. The NYSE, which recently moved its Chicago equities exchange to Texas, has announced a series of dual listings in recent weeks, while Nasdaq set up a regional headquarters in Dallas earlier this year.
» [BECOME A PAID SUBSCRIBER: $7/mo]([link removed])
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Their sharpened focus underscores the state’s efforts to attract more business and capital, said Hensarling, a Republican who led the House Financial Services Committee as a congressman from Texas. State lawmakers recently passed measures to strengthen a new system of business courts and raised the threshold for shareholders to start certain proxy fights.
In November, voters will weigh a ballot measure that would add a ban on financial transaction taxes to the state constitution.
“Texas is the place in America where people want to go to do business,” Hensarling said." [DMN]([link removed]) ($)
———————————————————————————
**FREE SUBSCRIPTIONS HAVE ENDED**_: As of July 11, 2022, we have moved to a paywall for free subscribers. Free subscribers will only receive the top story in their morning email. Free subscribers will need to become paid subscribers to receive full story summaries._
———————————————————————————
* **TOP NEWS**
“**Texas Southern Athletic Director Kevin Granger accused of sexual assault in newly filed lawsuit**” [Hou Chron]([link removed]) ($)
———————————————————————————
* **#TXLEGE**
**Editorial: “The Legislature got a lot right this session. Here are the highlights**” [DMN]([link removed]) ($)
“**There Are Limits to Republican Lawmakers’ Reach, Even in Texas**” [NY Times]([link removed])
“**Texas on cusp of opening medical cannabis program to chronic pain sufferers**” [SAEN]([link removed]) ($)
———————————————————————————
* **STATE GOVERNMENT**
“**Gov. Greg Abbott has until June 22 to sign or veto bills. Here are 6 things to know**” [DMN]([link removed]) ($)
———————————————————————————
* **LOCAL GOVERNMENT**
“**Whitmire supports Texas bill that would reverse some Houston pension reforms, alarming experts**” [Hou Chron]([link removed]) ($)
———————————————————————————
* **2025**
“**More than $1 million in PAC spending floods San Antonio's mayoral runoff**” [SAEN]([link removed]) ($)
———————————————————————————
* **2026**
“**Voters will have final say on billions of tax cuts for Texas homeowners, businesses**” [Texas Tribune]([link removed])
“**How much money do Lina Hidalgo and other Harris County officials have in their campaign accounts?**” [Hou Chron]([link removed]) ($)
———————————————————————————
* **BUSINESS NEWS**
“**Memorial Hermann Cypress Hospital set for $277.5 million expansion in fall**” [Hou Chron]([link removed]) ($)
———————————————————————————
* **TEXANS IN DC**
“**Area congressmen urge Hegseth to put new command in San Antonio**” [SAEN]([link removed]) ($)
———————————————————————————
* **NEWS FROM AROUND THE STATE**
> TX TRIB: "**Voters will have final say on billions of tax cuts for Texas homeowners, businesses**" _[TX TRIB]([link removed])_
> HOU CHRON: "**Renewable energy survived Texas attacks. Its future now depends on Trump.**" _[HOU CHRON]([link removed])_
> FWST: "**Protesters rally against redrawing Tarrant County precinct lines**" _[FWST]([link removed])_
> HOU CHRON: "**Texas bill that reverses Houston pension reforms is 'mind boggling,' experts say**" _[HOU CHRON]([link removed])_
> THE TEXAN: "**Border, Immigration Legislation Roundup: Bills Taken Up During 89th Session**" _[THE TEXAN]([link removed])_
> COMMUNITY IMPACT: "**Texas voters will have final say on tighter bail rules after Gov. Abbott signs 3 bills into law**" _[COMMUNITY IMPACT]([link removed])_
> DMN: "**Musk calls Trump’s big tax break bill a ‘disgusting abomination’**" _[DMN]([link removed])_
> HOU CHRON: "**Mars prioritized by Trump administration in detailed NASA budget**" _[HOU CHRON]([link removed])_
> FWST: "**What is the ‘Frat House Bill’ and how will it impact North Texas?**" _[FWST]([link removed])_
> FWST: "**Political officials, residents speak before vote on proposed Tarrant redistricting**" _[FWST]([link removed])_
> FWST: "**Protesters call Tarrant County’s redistricting effort ‘racial gerrymandering’**" _[FWST]([link removed])_
> EP TIMES: "**The 2025 regular Texas legislative session is over. Here’s what lawmakers did.**" _[EP TIMES]([link removed])_
> THE TEXAN: "**Abortion Legislation Roundup: Bills Taken Up During 89th Session**" _[THE TEXAN]([link removed])_
> AAS: "**Texas Legislature OKs sweeping higher education reform bill. Here's how SB 37 will affect faculty senates, regents' authority.**" _[AAS]([link removed])_
> THE TEXAN: "**Texas Legislature Finalizes $338 Billion 2026-2027 Biennial Budget**" _[THE TEXAN]([link removed])_
> KXAN: "**Taylor Pride denied city proclamation after 4 years of approvals, sparking backlash, petition**" _[KXAN]([link removed])_
> THE TEXAN: "**Here’s a Look at the Status of Dan Patrick’s Texas Senate Legislative Priorities**" _[THE TEXAN]([link removed])_
> EP TIMES: "**Bill to scrap STAAR test dies in the Texas Legislature**" _[EP TIMES]([link removed])_
> DMN: "**Dallas PD told not to enforce controversial prostitution ordinance even after revisions**" _[DMN]([link removed])_
> AAS: "**When is daylight saving time in 2025? How the 'Texas Time' bill could end the practice**" _[AAS]([link removed])_
> EP TIMES: "**Texas Supreme Court rules in AG's favor in Annunciation House lawsuit**" _[EP TIMES]([link removed])_
> COMMUNITY IMPACT: "**Council, community members seek to tap breaks on Austin police data collection program**" _[COMMUNITY IMPACT]([link removed])_
> MRT: "**Lawmakers visit Permian Basin oil sites, discuss energy and jobs**" _[MRT]([link removed])_
> KXAN: "**Abbott signs bail reform in to law in Houston**" _[KXAN]([link removed])_
> KXAN: "**License plate reader vote postponed amid community, council concerns**" _[KXAN]([link removed])_
> COMMUNITY IMPACT: "**‘Somewhere they belong’: The Arc of Katy expands opportunities for adults with developmental disabilities**" _[COMMUNITY IMPACT]([link removed])_
> HOU CHRON: "**Supreme Court ruling sparks fear among Houston immigrants as Trump halts parole program**" _[HOU CHRON]([link removed])_
> KXAN: "**Round Rock High School students create AI detecting app to help teachers**" _[KXAN]([link removed])_
> AAS: "**What are Silver, CLEAR Alerts? Texas DPS looking for missing persons Garry Foerster, La'Tiuna Johnson**" _[AAS]([link removed])_
> THE TEXAN: "**DACA Recipient Sentenced for Smuggling Firearms to Mexico from Texas**" _[THE TEXAN]([link removed])_
———————————————————————————
* **EXTRA POINTS**
Last night's Texas sports scores:
> MLB: **Houston **3, Pittsburgh 0
> MLB: Tampa 5, **Texas** 1
> WNBA: Seattle 83, **Dallas** 77
Tonight's Texas sports schedule:
> 5:40pm: MLB: **Houston **at Pittsburgh
> 6:35pm: MLB: **Texas **at Tampa
> 7pm: NCAAW: **Texas **vs. **Texas Tech** (0-0) (ESPN)
Tomorrow's Texas sports schedule:
> 5:40pm: MLB: **Houston **at Pittsburgh
> 6:35pm: MLB: **Texas **at Tampa
> 7pm: NCAAW: **Texas **vs. **Texas Tech** (Game 2) (ESPN)
**TEXAS / TEXAS TECH SOFTBALL**: “Texas vs Texas Tech: NiJaree Canady, Teagan Kavan could decide WCWS" [AAS]([link removed]) ($)
**HOUSTON ASTROS**: “Astros’ McCullers gets first win since 2022 after overcoming injuries, death threats” [AP]([link removed])
**TEXAS RANGERS**: "Rasmussen extends scoreless streak to 23 innings as Rays beat Rangers 5-1" [AP]([link removed])
**TEXAS RANGERS**: "Rangers activate outfielder Evan Carter off the 10-day injured list after quad strain" [AP]([link removed])
**DALLAS WINGS**: “The Storm snap a 3-game losing streak with an 83-77 victory over the Wings" [AP]([link removed])
———
You are reading a plain text version of this post. For the best experience, copy and paste this link in your browser to view the post online:
[link removed]
Caption:
[MustReadTexas.com]([link removed]) – [@MustReadTexas]([link removed])
BY: [@MattMackowiak]([link removed])
**[Subscribe to the daily email here]([link removed])****.**
———————————————————————————
**WEDNESDAY **|** **6/4/2025
———————————————————————————
**Good Wednesday morning.**
_Thank you for reading as a FREE subscriber._
» Become a PAID subscriber for $7/mo or $70/yr [here]([link removed]) and you will SAVE TIME and be BETTER INFORMED.
———————————————————————————
_“If something of importance is known in Texas, Matt knows it. With a decline in the number of credible news organizations, the Must Read Texas morning email is indispensable for anyone that wants to continue to be informed.” – Former U.S. Senator __**Phil Gramm**__ (R-TX)_
———————————————————————————
**AUSTIN NEWSLETTER LAUNCHED**
Are you one of the 100,000+ subscribers to [ATX Pulse]([link removed]), a newsletter that delivers EVERYTHING you NEED TO KNOW about Austin?
View image: ([link removed])
Caption:
_Subscriptions are $5/mo, $50/yr or $199/lifetime here:_ __[ATXpulsepremium.com]([link removed])__.
> Read the most recent FREE subscriber email [here]([link removed]).
> Become a PAID subscriber for $5/mo or $50/yr [here.]([link removed])
———————————————————————————
PRESENTING SPONSOR: **1440 Media**
### Looking for unbiased, fact-based news? Join 1440 today.
View image: ([link removed])
Follow image link: ([link removed])
Caption:
Join over 4 million Americans who start their day with [1440]([link removed]) – your daily digest for unbiased, fact-centric news. From politics to sports, we cover it all by analyzing over 100 sources. Our concise, 5-minute read lands in your inbox each morning at no cost. Experience news without the noise; let 1440 help you make up your own mind. Sign up now and invite your friends and family to be part of the informed.
[Subscribe to 1440 today.]([link removed])
———————————————————————————
* **TOP NEWS**
“**Texas Stock Exchange stands by 2026 debut,**” via Bloomberg wire** **– “[Texas Stock Exchange]([link removed]) is on track to make its debut as a trading venue early next year as its powerful rivals intensify their push into the state, said **Jeb Hensarling**, an adviser to the proposed marketplace and former U.S. congressman.
After the start of trading, the upstart exchange aims eventually to add dual listings, initial public offerings and exchange-traded products, Hensarling said Tuesday in an interview with Bloomberg Television. The TXSE is seeking federal regulatory approval as a national securities exchange [after applying earlier this year]([link removed]).
TXSE is trying to carve out a niche as the New York Stock Exchange and Nasdaq fortify their footprints in the state. The NYSE, which recently moved its Chicago equities exchange to Texas, has announced a series of dual listings in recent weeks, while Nasdaq set up a regional headquarters in Dallas earlier this year.
» [BECOME A PAID SUBSCRIBER: $7/mo]([link removed])
» [BECOME A PAID SUBSCRIBER: $70/yr]([link removed])
Their sharpened focus underscores the state’s efforts to attract more business and capital, said Hensarling, a Republican who led the House Financial Services Committee as a congressman from Texas. State lawmakers recently passed measures to strengthen a new system of business courts and raised the threshold for shareholders to start certain proxy fights.
In November, voters will weigh a ballot measure that would add a ban on financial transaction taxes to the state constitution.
“Texas is the place in America where people want to go to do business,” Hensarling said." [DMN]([link removed]) ($)
———————————————————————————
**FREE SUBSCRIPTIONS HAVE ENDED**_: As of July 11, 2022, we have moved to a paywall for free subscribers. Free subscribers will only receive the top story in their morning email. Free subscribers will need to become paid subscribers to receive full story summaries._
———————————————————————————
* **TOP NEWS**
“**Texas Southern Athletic Director Kevin Granger accused of sexual assault in newly filed lawsuit**” [Hou Chron]([link removed]) ($)
———————————————————————————
* **#TXLEGE**
**Editorial: “The Legislature got a lot right this session. Here are the highlights**” [DMN]([link removed]) ($)
“**There Are Limits to Republican Lawmakers’ Reach, Even in Texas**” [NY Times]([link removed])
“**Texas on cusp of opening medical cannabis program to chronic pain sufferers**” [SAEN]([link removed]) ($)
———————————————————————————
* **STATE GOVERNMENT**
“**Gov. Greg Abbott has until June 22 to sign or veto bills. Here are 6 things to know**” [DMN]([link removed]) ($)
———————————————————————————
* **LOCAL GOVERNMENT**
“**Whitmire supports Texas bill that would reverse some Houston pension reforms, alarming experts**” [Hou Chron]([link removed]) ($)
———————————————————————————
* **2025**
“**More than $1 million in PAC spending floods San Antonio's mayoral runoff**” [SAEN]([link removed]) ($)
———————————————————————————
* **2026**
“**Voters will have final say on billions of tax cuts for Texas homeowners, businesses**” [Texas Tribune]([link removed])
“**How much money do Lina Hidalgo and other Harris County officials have in their campaign accounts?**” [Hou Chron]([link removed]) ($)
———————————————————————————
* **BUSINESS NEWS**
“**Memorial Hermann Cypress Hospital set for $277.5 million expansion in fall**” [Hou Chron]([link removed]) ($)
———————————————————————————
* **TEXANS IN DC**
“**Area congressmen urge Hegseth to put new command in San Antonio**” [SAEN]([link removed]) ($)
———————————————————————————
* **NEWS FROM AROUND THE STATE**
> TX TRIB: "**Voters will have final say on billions of tax cuts for Texas homeowners, businesses**" _[TX TRIB]([link removed])_
> HOU CHRON: "**Renewable energy survived Texas attacks. Its future now depends on Trump.**" _[HOU CHRON]([link removed])_
> FWST: "**Protesters rally against redrawing Tarrant County precinct lines**" _[FWST]([link removed])_
> HOU CHRON: "**Texas bill that reverses Houston pension reforms is 'mind boggling,' experts say**" _[HOU CHRON]([link removed])_
> THE TEXAN: "**Border, Immigration Legislation Roundup: Bills Taken Up During 89th Session**" _[THE TEXAN]([link removed])_
> COMMUNITY IMPACT: "**Texas voters will have final say on tighter bail rules after Gov. Abbott signs 3 bills into law**" _[COMMUNITY IMPACT]([link removed])_
> DMN: "**Musk calls Trump’s big tax break bill a ‘disgusting abomination’**" _[DMN]([link removed])_
> HOU CHRON: "**Mars prioritized by Trump administration in detailed NASA budget**" _[HOU CHRON]([link removed])_
> FWST: "**What is the ‘Frat House Bill’ and how will it impact North Texas?**" _[FWST]([link removed])_
> FWST: "**Political officials, residents speak before vote on proposed Tarrant redistricting**" _[FWST]([link removed])_
> FWST: "**Protesters call Tarrant County’s redistricting effort ‘racial gerrymandering’**" _[FWST]([link removed])_
> EP TIMES: "**The 2025 regular Texas legislative session is over. Here’s what lawmakers did.**" _[EP TIMES]([link removed])_
> THE TEXAN: "**Abortion Legislation Roundup: Bills Taken Up During 89th Session**" _[THE TEXAN]([link removed])_
> AAS: "**Texas Legislature OKs sweeping higher education reform bill. Here's how SB 37 will affect faculty senates, regents' authority.**" _[AAS]([link removed])_
> THE TEXAN: "**Texas Legislature Finalizes $338 Billion 2026-2027 Biennial Budget**" _[THE TEXAN]([link removed])_
> KXAN: "**Taylor Pride denied city proclamation after 4 years of approvals, sparking backlash, petition**" _[KXAN]([link removed])_
> THE TEXAN: "**Here’s a Look at the Status of Dan Patrick’s Texas Senate Legislative Priorities**" _[THE TEXAN]([link removed])_
> EP TIMES: "**Bill to scrap STAAR test dies in the Texas Legislature**" _[EP TIMES]([link removed])_
> DMN: "**Dallas PD told not to enforce controversial prostitution ordinance even after revisions**" _[DMN]([link removed])_
> AAS: "**When is daylight saving time in 2025? How the 'Texas Time' bill could end the practice**" _[AAS]([link removed])_
> EP TIMES: "**Texas Supreme Court rules in AG's favor in Annunciation House lawsuit**" _[EP TIMES]([link removed])_
> COMMUNITY IMPACT: "**Council, community members seek to tap breaks on Austin police data collection program**" _[COMMUNITY IMPACT]([link removed])_
> MRT: "**Lawmakers visit Permian Basin oil sites, discuss energy and jobs**" _[MRT]([link removed])_
> KXAN: "**Abbott signs bail reform in to law in Houston**" _[KXAN]([link removed])_
> KXAN: "**License plate reader vote postponed amid community, council concerns**" _[KXAN]([link removed])_
> COMMUNITY IMPACT: "**‘Somewhere they belong’: The Arc of Katy expands opportunities for adults with developmental disabilities**" _[COMMUNITY IMPACT]([link removed])_
> HOU CHRON: "**Supreme Court ruling sparks fear among Houston immigrants as Trump halts parole program**" _[HOU CHRON]([link removed])_
> KXAN: "**Round Rock High School students create AI detecting app to help teachers**" _[KXAN]([link removed])_
> AAS: "**What are Silver, CLEAR Alerts? Texas DPS looking for missing persons Garry Foerster, La'Tiuna Johnson**" _[AAS]([link removed])_
> THE TEXAN: "**DACA Recipient Sentenced for Smuggling Firearms to Mexico from Texas**" _[THE TEXAN]([link removed])_
———————————————————————————
* **EXTRA POINTS**
Last night's Texas sports scores:
> MLB: **Houston **3, Pittsburgh 0
> MLB: Tampa 5, **Texas** 1
> WNBA: Seattle 83, **Dallas** 77
Tonight's Texas sports schedule:
> 5:40pm: MLB: **Houston **at Pittsburgh
> 6:35pm: MLB: **Texas **at Tampa
> 7pm: NCAAW: **Texas **vs. **Texas Tech** (0-0) (ESPN)
Tomorrow's Texas sports schedule:
> 5:40pm: MLB: **Houston **at Pittsburgh
> 6:35pm: MLB: **Texas **at Tampa
> 7pm: NCAAW: **Texas **vs. **Texas Tech** (Game 2) (ESPN)
**TEXAS / TEXAS TECH SOFTBALL**: “Texas vs Texas Tech: NiJaree Canady, Teagan Kavan could decide WCWS" [AAS]([link removed]) ($)
**HOUSTON ASTROS**: “Astros’ McCullers gets first win since 2022 after overcoming injuries, death threats” [AP]([link removed])
**TEXAS RANGERS**: "Rasmussen extends scoreless streak to 23 innings as Rays beat Rangers 5-1" [AP]([link removed])
**TEXAS RANGERS**: "Rangers activate outfielder Evan Carter off the 10-day injured list after quad strain" [AP]([link removed])
**DALLAS WINGS**: “The Storm snap a 3-game losing streak with an 83-77 victory over the Wings" [AP]([link removed])
———
You are reading a plain text version of this post. For the best experience, copy and paste this link in your browser to view the post online:
[link removed]
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