In its present form, the Consumer Financial Protection Bureau is an affront to the Constitution, to checks and balances and to due process. This is why we support legislation that changes the CFPB into a constitutional and accountable civil enforcement agency that enforces consumer protection laws written by Congress.
At a time when a constrained state budget will undoubtedly leave many needs within our communities unmet, Texas should — at minimum — facilitate opportunities for private investment in the greater good. Legislation enabling B-Corps this session would help the private sector invest in the growing needs of our state now, while simultaneously meeting today's dynamic market demands.
The reason we created the fund was to flatten out the available revenue stream from the up-and-down swings of the economy so that constant levels of services could be provided, including covering higher costs as those needing or qualifying for government services increase.
A fair and free market requires educated consumers, transparent transactions and an open complaint process. Allowing unfair financial practices only leads to more nefarious practices — and ultimately an unstable market.
Too often, Texans are subjected to “deny, delay and underpay” tactics as insurers test and break the will of property owners. Only strong laws pry policy benefits back from the insurance industry, serving as the last line of defense for Texas property owners.
For years, leaders in Austin have told Houston to solve its pension problem locally and bring the Legislature a solution to codify. For the first time in our history, we are in Austin with a united front.
We face another serious crisis in homeowners’ insurance, this time with hail and wind coverage that is critical to all Texans as the new target of abuse. Already we see the leading indicators of a negative change.
As a member of the North Carolina General Assembly who has watched the HB2 trainwreck up close for the last year, here’s some advice to my Texas counterparts: When it comes to state-sanctioned discrimination, let North Carolina remain the Lone Star State — for now.
Given the evidence of a positive relationship between higher economic freedom and greater prosperity, Texans should remain vigilant and pursue policy changes that will move Texas to be the most free.
Despite our free-enterprise culture, there are pockets of anti-competitive behavior where government regulation and edict rule the day, harming consumers with a 19th century regulatory model. One such industry that fits that description is title insurance.
For years, Democrats and progressives have rallied in support of investments in education, improvements in healthcare and protection of the environment. They have been tireless champions of civil rights and voting rights. Unfortunately, what they haven’t talked about enough is the increasingly high property taxes surging in Texas.
While Texans should retain the right to sue when they have valid hail damage claims that aren’t being resolved, state law should be reformed to remove the incentives for protracted litigation.
A strong Israeli economy backed by a thriving Texas market provides Palestinians the potential for greater self-sufficiency through gains in financial independence and economic solvency. And continued collaboration with Israel by Texans will not only benefit consumers, employers and economy of Texas, it promotes regional stability through economic interdependence.
The Texas Association of Business claims that legislation that allows businesses to protect women and young girls is "discriminatory," but this couldn't be further from the truth.
Texas must do all it can to ensure that it remains open to business for all, including members of the LGBT community.
There is no reason for cities to panic or to be bullied into quick action to allow digital billboards.
Digital billboard technology could be a boon for both cities and businesses.
Central Texas is a growing hub for technology and innovation, and the concentration of current and former members of the U.S. Armed Forces in our region is a major asset for the businesses and communities that are key to this economic dynamism.
Buying a car isn't easy, and the law in Texas doesn't make it any easier.
Many voices are calling for the United States to retrench and retreat from the world, including distancing ourselves from neighbors in North America. Yet the reality of life across Mexico, Canada and the United States shows that we are connected to our neighbors in ways that benefit all of us.
Texas has become the nation's economic engine in large part by allowing competition to thrive in markets, even in such unlikely activities as providing benefits for injured workers.
Will the United States, Mexico and Canada turn inward and limit their economic progress, or will they seize the opportunity to enable greater growth?
The United Kingdom’s relationship with Texas is one of the longest-standing elements of our historical connection to the United States.
Texas leaders need to take a stand – support the Trans-Pacific Partnership and support more jobs in Texas.
The Department of Labor’s impending proposal to dramatically change the cost of overtime pay exemptions under the Fair Labor Standards Act may force Texas employers to increase pay to an estimated 400,000 employees if the proposal is finalized without changes. How can employers comply with these changes?
Texas, like many other states, makes it illegal to purchase vehicles directly from manufacturer-owned stores. This not only stifles American dynamism but also denies Americans the right to decide what car to buy and how to buy it.
No matter what company they choose, homeowners and businesses seeking to protect their investment in the purchase of land from a faulty title are forced to accept coverages and prices mandated by the Texas Department of Insurance — which often leads to some of the highest title insurance rates in the nation.
Texas has shown that a free-market, light-touch regulatory approach works best for both businesses and consumers. It's time we applied the same approach to insurance.
Texas officials are playing Chutes and Ladders with our state's budget, committing to increased spending even in the face of reduced revenue.
Requiring the Comptroller's Office to update the state's revenue forecast every three months would be a tremendous improvement over the ancient method of predicting revenues at the start of each legislative session, baking a two-year budget around the numbers — and then not revising the forecast until after the governor has signed the budget and lawmakers have gone home.
For too many patent trolls, the Eastern District of Texas has been the source of high win rates and large damage awards.
The Lone Star State’s labor market woes are a good reminder that, especially in today’s topsy-turvy world, Texas needs the right policy prescriptions in place to have the best chance at economic success. And while Texas has done well in the past to enact pro-growth policies, there is still room for improvement — especially when it comes to reforming the state’s onerous property tax.
The taxpayer protections that are the real targets of the city’s lawsuit are well established in law. Any suit to overturn them is simply frivolous.
Property taxes should be based on the true market value of properties. Our system should be uniformly fair, not uniformly unfair.
Many Texans are locked out of careers because they cannot afford to give up the time and money it takes to get licensed.
Though declining oil prices are making their mark on the state’s economy, Texans have great faith that the Lone Star State will adapt and keep revving its job-creation engine.
Rising temperatures, driven by climate change, threaten to undo much of our state’s hard-won economic growth. Let’s fight these risks with a Texas-sized response.
Hunger takes an incalculable toll on the stability and dignity of affected families, but there's also a tremendous economic cost that trickles down to every Texan.
The state’s job market, while still strong, has softened. And new polling and analysis show that Texans have noticed.
Texas' major metro regions are now among the most economically segregated parts of the country. It will take a new generation of policies to make sure that all Texans have a true shot at success.
New polling and analysis reveals that while Texans like paying less at the pump, the possible ripple effects of the oil price plunge have them on edge.
Only when Texans succeed will business be able to succeed. And now, thanks to plunging oil prices, we'll have to work hard to ensure that initiatives that will benefit all Texans are funded.
The U.S. isn't the only place where high-tech innovation is reshaping the economic landscape. In Mexico, where monopolies and duopolies have long reigned, new start-ups are changing the way the country does business.
The state's appraisal system is highly politicized and primarily benefiting well-connected insiders. Here's how to fix it.
Sure it can, but not if most Texans are poor, sick or uneducated. We need to invest today to be able to compete tomorrow.
Workplace democracy in Texas could brighten our economic future and reduce inequality. It might also transcend partisan politics.
Congress’ head-in-the-sand approach to virtual currency like Bitcoin threatens to leave the U.S. behind the rest of the world.
The state's law that bans Tesla from selling cars directly to consumers makes no sense. Texas cities must find smart ways to remove obstacles that hinder innovations in business like Uber and Google Fiber.