The news of Texas covered today includes:
Our Lone Star story of the day: The 89th Texas Legislature comes into being tomorrow and the first order of business in the Texas House of Representatives, or should we say investment partners, is to elect a Speaker of the House. Lt. Governor Patrick, and it now seems Newt Gingrich’s group, allege that the BurrowCrat Coalition is run by five guys who are business partners in a small bank that has big investment from BlackRock & Vanguard.
- Patrick: 5 business partners control the House.
- Patrick provides documents showing Phelen to be less truthful about the bank in question.
- ‘Goodfellas’ Controversy: Dan Patrick Links Lawmakers’ Bank Ties to Texas Speaker Race
Our Lone Star story of the day is sponsored by Allied Compliance Services providing the best service in DOT, business and personal drug and alcohol testing since 1995.
Texas Comptroller Hegar released the Biennial Revenue Estimate for the Legislature. General purpose funds are down from last session.
Texas Attorney General Paxton sues Allstate alleging the company has unlawfully collected, used, and sold over 45 million Americans’ driving data to insurance companies. You need to read the filing here to see how this is being done, allegedly, through third party phone apps.
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