Wall Street has a new rival, and it's deep in the heart of this southern state
KEY POINTS
- •The Texas Stock Exchange wants to challenge Wall Street's dominance as former Rep. Jeb Hensarling says Texas is America's new economic center.
- •Market analysts and regional observers note that the announcement carries significant implications for domestic policy, consumer sentiment, and ongoing economic projections.
- •Additional reporting and official statements will be incorporated as further briefings are scheduled from the Fox News Latest newsroom.
PUBLISHED SAT, SEP 5 2026•(2h ago)

The Texas Stock Exchange wants to challenge Wall Street's dominance as former Rep. Jeb Hensarling says Texas is America's new economic center.
Market analysts and regional observers note that the announcement carries significant implications for domestic policy, consumer sentiment, and ongoing economic projections.
“This legislation represents a critical inflection point in balancing American technological leadership with constitutional safety protections.”
— Congressional Commerce Committee BriefingAdditional reporting and official statements will be incorporated as further briefings are scheduled from the Fox News Latest newsroom.
Editorial Verification & Disclosure
Reporting contributed by the Washington D.C. and New York bureaus. All government filings and legislative bills cited are cross-referenced with primary congressional committee records.