Video & Transcript DataContr Research : 'investment reserve'
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TX
Texas 2025 - 89th Regular
89th Legislative Session May 20th, 2025 at 10:05 am
Texas House Floor Meeting
Transcript Highlights:
- Bitcoin Reserve for the purpose of investing in cryptocurrency
- and the investment authority of the Comptroller of Public Accounts over the reserve and certain other
- cryptocurrencies, giving us another option in our investment strategy.
- The Coin Reserve Advisory Committee is made up of cryptocurrency investment professionals.
- reserve operates at the highest standards.
Bills:
SB4, SB23, SB3, SJR2, SJR85, SB34, SB60, SB75, SB706, SB1814, SB1220, SB523, SB565, SB1253, SB840, SB764, SB2383, SB2155, SB1535, SB1405, SB1423, SB1566, SB1804, SB1728, SB1816, SB1952, SB1948, SB2037, SB2068, SB1455, SB213, SB243, SB627, SB646, SB670, SB896, SB917, SB1184, SB971, SB1255, SB1261, SB1283, SB1358, SB991, SB1733, SB21, SB231, SB739, SB1252, SB1371, SB664, SB40, SB9, SJR1, SB687, SB1332, SB458, SB482, SB927, SB984, SB651, SB1620, SB2124, SB2448, SB841, SB843, SB402, SB2662, SB2053, SB2332, SB2112, SB745, SB1247, SB1789, SB27, SB207, SB2938, SB1901, SB1227, SB1248, SB912, SB1321, SB2143, SB2145, SB1497, SB1239, SB2180, SB1388, SB1662, SB1951, SB1537, SB493, SB378, SB1020, SB1018, SB992, SB958, SB920, SB1350, SB1762, SB552, HCR109, SB2185, SB4, SB23, SB3, SJR2, SJR85, SB34, SB60, SB75, SB706, SB1814, SB1220, SB523, SB565, SB1253, SB840, SB764, SB2383, SB2155, SB1535, SB1405, SB1423, SB1566, SB1804, SB1728, SB1816, SB1952, SB1948, SB2037, SB2068, SB1455, SB213, SB243, SB627, SB646, SB670, SB896, SB917, SB1184, SB971, SB1255, SB1261, SB1283, SB1358, SB991, SB1733, SB21, SB231, SB739, SB1252, SB1371, HB2970, HB109, SB2308
Keywords:
property tax, homestead exemption, school funding, state aid, constitutional amendment, homestead exemption, elderly, disabled, ad valorem taxation, school district funding, veterinary, regulation, licensing, complaints, standards, administrative penalties, broadband access, tax reduction, internet service, rural connectivity
Summary:
The committee meeting was marked by dynamic discussions surrounding various legislative bills, notably SB1283 aimed at enhancing security in senior retirement communities following tragic incidents in the past. The bill, presented by Ms. Garcia-Hernandez, outlined essential measures including mandatory background checks for staff and a clear communication policy on criminal activities. The meeting also saw vigorous debates on multiple financial resolutions related to the statewide budget surplus, emphasizing the need for strategic allocation to property tax relief, as voiced by several committee members. Tensions arose as representatives questioned local government spending, reflecting a broader concern over escalating taxes across the state.
TX
Texas 2025 - 89th Regular
Delivery of Government Efficiency Apr 23rd, 2025 at 10:04 am
House Delivery of Government Efficiency Committee
Transcript Highlights:
- I reserve my right to close, thank you.
- cryptocurrency investment as a tool for fiscal resilience and a new innovative approach to investments
- reserve.
- And again, from an investment standpoint, as far as investing money to grow in the future.
- The Bitcoin Strategy Reserve Bill.
Keywords:
constitutional amendment, fiscal impact, state budget, ballot measure, transparency in voting, management-to-staff ratio, state agencies, employee regulations, government efficiency, workforce management, public information, governing board, transparency, confidentiality, access rights, privacy, identifying information, state agency, consent, occupational license
Summary:
The meeting of the committee was marked by discussions surrounding multiple bills, including HB3719, which concerns the public disclosure of dates of birth, and HB5196, aimed at allowing state agencies to approve telework plans for employees. The chair moved for HB3719 to be reported favorably to the full house, which passed with a vote of 10 in favor and one against. Similarly, HB5196 was favorably reported without objections. A significant focus was placed on increasing digital modernization for state agencies, as illustrated by HB5195, which aims to improve the digital accessibility and functionality of agency websites to enhance small business interactions with the state.
TX
Texas 2025 - 89th Regular
Senate SessionNote: the Senate stood at ease from 1h:02m:00s until 2h:18m:58s. Mar 5th, 2025
Texas Senate Floor Meeting
Transcript Highlights:
Texas voted in 2007 to create CEPRIT and to invest
- CEPRIT is now a six billion dollar, 20-year initiative, the largest state cancer research investment
- You know, San Antonio has already made a significant investment.
- for the people of Texas and for future generations of Texas than to make this investment.
- investment.
Bills:
SJR3, SB5, SB21, SB72, SB703, SB764, SB790, SJR36, SJR3, SJR34, SJR18, SCR9, SB616, SB565, SB384, SB5, SB21, SB72, SB140, SB262, SB370, SB372, SB495, SB627, SB703, SB764, SB842, SB971, SB790, SB767, SB480, SB1066, SB929, SB765, SB523, SB62, SB19, SB18, SB666, SB688, SB707, SB888, SB687, SB706, SB847, SB869, SB890, SB992, SB1145, SB494, SB290, SB766, SB11, SB10, SB13, SB263, SJR3, SB5, SR172, SR176, SR177, SR190, SR193, SR194, SR202, SR203, SR208
Keywords:
dementia, Alzheimer's disease, Parkinson's disease, research funding, state budget, prevention, healthcare, medical research, Dementia Prevention and Research Institute, dementia, research institute, Alzheimer's disease, Parkinson's disease, funding, grants, state health initiatives, cryptocurrency, bitcoin, investment reserve, economic resilience
Summary:
The meeting featured significant discussions focusing on resolutions recognizing various communities in Texas. Notable among these were Senate Resolutions recognizing March 5th, 2025, as City of Alamo Day, Harlingen Day, Texas State Aquarium Day, and Wichita Falls Day. Senator Hinojosa took the lead in discussing the contributions and cultural significance of the cities being honored, showcasing the diverse heritage and community spirit within Texas. Each resolution highlighted the unique traits, strengths, and challenges faced by these cities, with representatives from each city present to receive acknowledgments from the Senate.
TX
Bills:
SJR3, SB5, SJR36, SJR3, SB616, SB565, SB384, SB5, SB21, SB72, SB140, SB262, SB370, SB372, SB495, SB627, SB703, SB764, SB842, SB971, SB790, SB767, SB480, SB1066
Keywords:
dementia, Alzheimer's disease, Parkinson's disease, research funding, state budget, prevention, healthcare, medical research, Dementia Prevention and Research Institute, dementia, research institute, Alzheimer's disease, Parkinson's disease, funding, grants, state health initiatives, dementia, Alzheimer's disease, Parkinson's disease, research funding
Summary:
The committee meeting covered a range of topics, including memorial resolutions in honor of influential figures such as L. Clifford Davis and Reverend Dr. William Lawson. Senator West spoke warmly about Judge Davis, highlighting his contributions to civil rights, while others praised Reverend Lawson for his community service and leadership. These discussions underscored the committee's focus on recognizing individuals who have shaped Texas's history and values, fostering a deeper appreciation for the state's heritage.
TX
Texas 2025 - 89th Regular
S/C on Academic & Career-Oriented Education May 1st, 2025 at 08:05 am
House S/C on Academic & Career-Oriented Education
Transcript Highlights:
Programs like JROTC, Junior Reserve Officer Training Corps
Absolutely, we'll reserve your right to close.
Keywords:
Junior Reserve Officer Training Corps, Leadership Officer Training Corps, public school, career education, military readiness, public school accountability, Junior Reserve Officer Training Corps, Leadership Officer Training Corps, career education, public school accountability, funding allotments, healthcare, insurance, cost control, patient access, regulation, affordability, public health, JROTC, Leadership Officer Training Corps
Summary:
The meeting of the committee on academic and career-oriented education centered on a series of bills focused on career and technology education. Notably, Representative Kerr introduced HB1079, which aims to formally recognize JROTC and LOTC programs as viable career and technology education pathways. Kerr expressed the significance of these programs for student readiness in both military and civilian careers, emphasizing the importance of leadership and teamwork skills gained through these courses. Public testimony included support from former JROTC members, highlighting the positive impact of the program on their lives and career trajectories.
TX
Texas 2025 - 89th Regular
Energy Resources Apr 14th, 2025 at 11:04 am
House Energy Resources Committee
Transcript Highlights:
- I'm open to answering questions, and I reserve the right to close. Thank you, members.
- have its return on its investment.
- Federally, we have four national reserves, two.
- I look forward to any questions and reserve my right to close.
- I reserve the right to close if anyone has any questions.
Keywords:
surface estate, well plugging, Railroad Commission, landowner rights, liability, strategic reserve, gas supply, petroleum products, disaster response, Railroad Commission of Texas, energy security, emergency planning, oil and gas waste, Railroad Commission, environmental regulation, waste management, mining pits, groundwater monitoring, oil and gas waste, regulation
Summary:
The meeting focused on a series of bills primarily related to oil and gas infrastructure, safety, regulatory issues, and the burgeoning hydrogen industry in Texas. Several bills were discussed and voted on, including HB3911 concerning voluntary plugging of orphan wells, HB3021 related to oil and gas emergencies, and HB5600 aimed at establishing Texas as a leader in the clean hydrogen market. The Chair and members debated the provisions of these bills, considering environmental implications and economic impacts, particularly in light of recent natural disasters like the winter storm Uri.
TX
Texas 2025 - 89th Regular
Energy Resources Apr 14th, 2025 at 02:04 pm
House Energy Resources Committee
Transcript Highlights:
- Reserve pits became larger, and drilling fluids more complex.
- The rules for reserve pits must be strengthened.
- I was working as an excavator and solidifying reserve pits.
- For these reserve pits, the waste is there permanently.
- Texas has over 400,000 active and inactive oil and gas wells, and each has a reserve pit or reserve waste
Keywords:
surface estate, well plugging, Railroad Commission, landowner rights, liability, strategic reserve, gas supply, petroleum products, disaster response, Railroad Commission of Texas, energy security, emergency planning, oil and gas waste, Railroad Commission, environmental regulation, waste management, mining pits, groundwater monitoring, oil and gas waste, regulation
Summary:
The committee meeting centered around the discussion of several bills, primarily focusing on environmental and transparency issues related to oil and gas operations. Notably, a bill introduced by Representative Rosenthal (HB5105) aimed to enhance transparency for royalty owners concerning suspension of payments, requiring operators to notify them of any reasons for such suspensions. During the meeting, multiple witnesses testified, emphasizing the necessity of protecting landowners' rights and ensuring responsible management of hazardous waste from oil operations. Additionally, the committee heard about HB4572, which aimed to require landowner consent before the burial of waste on their properties, highlighting the importance of land and groundwater protection amidst growing concerns of contamination from reserve pits used in the oil and gas industry.
TX
Transcript Highlights:
Do we have any such reserve that you know of?
- "If in a down economy, we've got a Bitcoin reserve.
- , if you will, a strategic reserve for America.
- for the purpose of investing in cryptocurrency.
- for the purpose of investing in cryptocurrency.
Keywords:
SB703, SB21, Texas Strategic Bitcoin Reserve, SB790, criminal implications, license reform, tenant disputes, financial strategy, Senator Zaffirini
Summary:
The meeting focused on several significant bills, including SB703, which addresses the criminal and licensing implications for various massage establishments and was aimed at aligning state laws with federal regulations by closing existing loopholes. Senator Zaffirini played a vital role in facilitating discussions on multiple bills, including SB21, which proposes the establishment of the Texas Strategic Bitcoin Reserve, emphasizing the need for Texas to explore forward-thinking financial strategies amidst federal monetary inflation concerns. Additionally, SB790, aimed at streamlining the resolution process for tenant-landlord disputes regarding water and wastewater billing, was also presented, drawing attention to due process concerns but ultimately supported for its efficiency improvements.
TX
Texas 2025 - 89th Regular
89th Legislative Session May 21st, 2025 at 10:05 am
Texas House Floor Meeting
Transcript Highlights:
- Speaker, I move that the House grant permission for the Committee on Pensions, Investments and Financial
The Committee on Pensions, Investments, and Retirement
- for the purpose of investing in cryptocurrency and the investment strategy thereof.
- This reserve not only strengthens our fiscal sovereignty but positions Texas as a forward-thinking state
- Invest itself in real time, in real communities, in real
Bills:
SB31, SB33, SB20, SB217, SB264, SB269, SB650, SB681, SB528, SB502, SB740, SB916, SB995, SB10, SB2581, SB2570, SB3031, SB24, SB379, SB1171, SB1121, SB1120, SB1061, SB1036, SB1019, SB890, SB11, SB868, SB1188, SB1254, SB2778, SB2543, SB2443, SB1333, SB1259, SB1401, SB1404, SB2139, SB2165, SB2237, SB2268, SB1202, SB1198, SB1212, SB1451, SB1470, SB1498, SB965, SB1547, SB1667, SB1818, SB1902, SB2129, SB2078, SB2069, SB1737, SB1589, SB1318, SB387, SB1150, SB1574, SB2127, SB3034, SB860, SB1278, SCR5, SCR32, SB4, SB23, SB1762, SB34, SB60, SB706, SB1814, SB1220, SB523, SB565, SB1253, SB840, SB764, SB2383, SB2155, SB1535, SB1423, SB1566, SB1804, SB1728, SB1816, SB1952, SB75, SB2068, SB1455, SB213, SB627, SB2037, SB670, SB896, SB917, SB1184, SB971, SB1255, SB1261, SB1283, SB991, SB1733, SB21, SB231, SB739, SB1252, SB1371, SB646, SB3, SCR27, SB552, SB1405, SB1948, SB243, SJR1, SB31, SB33, SB20, SB217, SB264, SB269, SB650, SB681, SB528, SB502, SB740, SB916, SB995, SB10, SB2581, SB2570, SB3031, SB24, SB379, SB1171, SB1121, SB1120, SB1061, SB1036, SB1019, SB890, SB11, SB868, SB1188, SB1254, SB2778, SB2543, SB2443, SB1333, SB1259, SB1401, SB1404, SB2139, SB2165, SB2237, SB2268, SB1202, SB1198, SB1212, SB1451, SB1470, SB1498, SB965, SB1547, SB1667, SB1818, SB1902, SB2129, SB2078, SB2069, SB1737, SB1589, SB1318, SB387, SB1150, SB1574, SB2127, SB3034, SB860, SB1278, SCR5, SCR32, SB546, SB647, SB648, SB1493, SB1709, SB2001, HB5669, HB3115, HB5655, HB5675, HB5689, HB5690, HB5653, HB3228, HB2802, HB45, HB1318, HB5560, HB2894, HB4344, HB2775, HB33, HB12, HB148
Keywords:
education, Ten Commandments, public schools, religious display, First Amendment, SNAP, sweetened drinks, candy, nutrition assistance, public health, Texas legislation, electronic health records, data privacy, healthcare compliance, civil penalties, biological sex, emergency services, district employee, board approval, expenditure limits
Summary:
The meeting focused on the discussions surrounding multiple bills, including several amendments and motions proposed by various members of the committee. Notably, Senate Bill 1405 passed after discussions led by Mr. Ashby, which highlighted its significance to the state's taxation policies. Additionally, SB4 saw considerable support, enabling an increase in school district homestead exemptions to $140,000, while SB23 aimed for exemptions tailored for seniors and disabled individuals. The committee shared insights on legislative priorities while engaging with public witnesses on controversial topics. Members received updates about upcoming committee meetings, illustrating a proactive legislative atmosphere.
TX
Texas 2025 - 89th Regular
Local Government (Part I) Apr 24th, 2025
Senate Local Government Committee
Bills:
SB208, SB628, SB777, SB1042, SB2354, SB2477, SB2521, SB2523, SB2608, SB2703, SB2778, SB2835, SB2965, SB2367, SB3044
Keywords:
workforce housing, capital investment fund, affordable housing, housing development, Texas housing laws, loan programs, community development, workforce housing, capital investment fund, affordable housing, housing development, Texas housing, zero-interest loans, workforce housing, capital investment fund, low-income housing, housing development, nonprofit organizations, construction, economic stability
Summary:
The meeting of the Senate Committee on Local Government was marked by discussions focusing primarily on addressing the housing crisis in Texas. Key bills, including SB208 and SB2778, were thoroughly examined. SB208 aims to create the Workforce Housing Capital Investment Fund to provide non-profit builders with zero-interest loans, facilitating the construction of affordable homes for low to moderate-income families. Meanwhile, SB2778 seeks to raise the board approval threshold for emergency service districts from $2,000 to $50,000 to enhance operational efficiency and expedite procurement processes for necessary resources. Various testimonies were heard from stakeholders, including housing authorities and fire chiefs, emphasizing the importance of these bills in improving housing availability and emergency response capabilities in Texas. The meeting concluded with several bills left pending for further review and discussion.
TX
Texas 2025 - 89th Regular
Local Government (Part II) Apr 24th, 2025
Senate Local Government Committee
Bills:
SB208, SB628, SB777, SB1042, SB2354, SB2477, SB2521, SB2523, SB2608, SB2703, SB2778, SB2835, SB2965, SB2367, SB3044
Keywords:
workforce housing, capital investment fund, affordable housing, housing development, Texas housing laws, loan programs, community development, workforce housing, capital investment fund, affordable housing, housing development, Texas housing, zero-interest loans, workforce housing, capital investment fund, low-income housing, housing development, nonprofit organizations, construction, economic stability
Summary:
The meeting of the local government committee covered several important bills, notably Senate Bill 1454, Senate Bill 1237, and Senate Bill 2520. Senator Betancourt presided over the proceedings, guiding the discussion on the multiple committee substitutes proposed for each of these bills. SB1454 focused on tax exemptions for housing authorities, with amendments that included stricter compliance measures for municipalities. The committee unanimously recommended that the bill proceed to the full Senate without objection.
TX
Texas 2025 - 89th Regular
Homeland Security, Public Safety & Veterans' Affairs Apr 30th, 2025 at 08:04 am
House Homeland Security, Public Safety & Veterans' Affairs Committee
Transcript Highlights:
- you know, that reserves...
- So statewide reserves are not allowed to do this.
- Not being able to compensate or mainly recruit reserve peace officers to work...
- That's when reserve peace officers step up.
- Compensated reserve officers are not a luxury; they are a necessity.
Bills:
HB1065, HB2929, HB2956, HB3009, HB3420, HB3626, HB3649, HB4956, HB4993, HB5293, HB5308, HB5528, HCR118, SB36, HB4023
Keywords:
employee classification, private security, misclassification, workforce regulations, Texas Workforce Commission, autism, peace officers, training program, law enforcement, intervention, communication, developmental disability, family violence, central database, criminal offense, registration, law enforcement, public safety, violent offenses, criminal database
Summary:
The committee meeting convened to discuss various issues pertinent to recent legislative proposals. Notably, several bills were reviewed and debated, with members expressing differing opinions on their implications and potential impact on the community. Discussions ranged from public safety measures to resource allocation, reflecting the committee's broad mandate and the importance of legislative oversight. Engaging testimonies from citizens and stakeholders underscored the significance of the proposed legislation, bringing personal perspectives and expert opinions into the dialogue.
TX
Texas 2025 - 89th Regular
89th Legislative Session May 29th, 2025 at 02:05 pm
Texas House Floor Meeting
Transcript Highlights:
- continue to build on this momentum, investing a historic
- This is a tremendous investment.
- Where can they make an investment in a limited partnership? Where is that language?
- 3706 which detailed the voluntary donations to reserve.
- The Reserve may still work with the qualified liquidity providers to accomplish the purposes of this
Bills:
HB5560, HB2, HB24, HB3233, HB1397, HB2067, HB3133, HB5696, HB5680, HB2885, HB3966, HB3556, HB3595, HB144, HB26, HB2038, HB521, HB4, HB1178, HB42, HB1211, HB783, HB3963, HB2240, HB1690, HB1234, HB3372, HB27, HB4211, HB2243, HB2853, HB4638, HJR7, HB100, HB126, HB3783, HB5138, HB2512, HB5616, HB4751, SB17, SB1637, SB1833, SB2155, SB21, SB2778, SB260, SB8, SB12, SB37, SB379, SB441, SB1566, SB2878, HB4112, HB3866, HB4749, HB2844, HB150
Keywords:
groundwater, civil penalties, water conservation, drought contingency, environmental protection, public education, teacher compensation, certification, funding, school finance, educator rights, education funding, charter schools, staff compensation, state aid, retention allotment, zoning, public notice, local government, residential development
Summary:
The committee meeting included discussions on various bills, notably focusing on school safety funding, social media regulations related to drug selling, and an amendment concerning the Texas Pharmaceutical Initiative. SB260 was a key topic, proposing substantial increases to school safety allotments, which was adopted with overwhelming support. Similarly, the discussion around SB2155 addressed significant changes in the handling of veterinary medical examinations and stirred interest from various stakeholders. Members expressed concern about the impact of drug sales on social media, with a strong emphasis on protecting youth from illicit substances, which led to the adoption of legislative measures to enhance penalties for related offenses. The atmosphere was both tense and collaborative as representatives pushed for necessary changes in legislation.
TX
Texas 2025 - 89th Regular
Homeland Security, Public Safety & Veterans' Affairs Apr 30th, 2025 at 10:04 am
House Homeland Security, Public Safety & Veterans' Affairs Committee
Transcript Highlights:
- I reserve my right to close and am happy to answer any questions.
- We reserve the right to close. The chair calls Brian Stevens.
- This bill is not just about investing in...
- Look, I believe in investing in health.
- I'm happy to take questions and reserve the right to close.
Bills:
HB1065, HB2929, HB2956, HB3009, HB3420, HB3626, HB3649, HB4956, HB4993, HB5293, HB5308, HB5528, HCR118, SB36, HB4023
Keywords:
employee classification, private security, misclassification, workforce regulations, Texas Workforce Commission, autism, peace officers, training program, law enforcement, intervention, communication, developmental disability, family violence, central database, criminal offense, registration, law enforcement, public safety, violent offenses, criminal database
Summary:
The meeting focused on several significant bills concerning law enforcement training, mental health crisis management, and resource allocation. Notably, House Bill 2929 aimed at requiring police officers to undergo specialized training related to autism, was discussed with testimonials highlighting the need for improved understanding of individuals with autism in potential law enforcement encounters. Additionally, House Bill 4993 gathered attention as it proposed measures to enhance the health and readiness of military service members, emphasizing the importance of fitness standards and supportive health programs.
TX
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, public retirement systems, fiduciary responsibility, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions
Summary:
The Committee on State Affairs convened to discuss several significant legislative measures, notably focusing on the SJR54, which is an application for a Convention of States under Article V of the Constitution. The resolution seeks to impose fiscal restraints on the federal government, limit federal jurisdiction, and restrict terms of Congress members. The discussion included historical perspectives and current motivations behind the push for such a convention, highlighting its urgency in light of perceived federal overreach. Members engaged in a thorough debate regarding the implications of a permanent application for a convention, and several witnesses from various interest groups provided testimony both for and against the resolution.
TX
Transcript Highlights:
- Certainly, banks can engage in fiscal analysis in order to make sound investments, but an ideology has
- savings and investments of the people we represent—hard-working Texans.
- and officiaries of the investments they manage.
- They'd love to invest in dispatchable power with thermal sources such as natural gas.
- , not just in their public equity investments.
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, public retirement systems, fiduciary responsibility, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions
Summary:
The meeting conducted by the committee featured an extensive discussion on multiple bills, particularly focusing on the ethics reform via SB2403, aimed at enhancing the structure and enforcement processes of the Texas Ethics Commission. The conversation revolved around establishing a three-tier system categorizing violations and enhancing procedural fairness and accountability in ethics investigations. Senator Mayes introduced a committee substitute, emphasizing the importance of ensuring that enforcement processes are transparent and just, particularly relating to minor infractions. Public testimonies in favor of the bill highlighted the need for reform, while concerns were raised about maintaining integrity in oversight mechanisms.
TX
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, public retirement systems, fiduciary responsibility, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions
Summary:
The Committee on State Affairs convened to address significant issues surrounding the state's public pension investments and the involvement of major financial services firms. Notably, Senator Bettencourt proposed a motion to issue subpoenas to compel testimony from BlackRock and State Street Corporation regarding their investment practices that impact Texas's public pension funds. This motion sparked discussions about accountability and transparency in investment practices, leading to a unanimous vote in favor of the motion. The committee emphasized the importance of testimony from these companies, recognizing that the subpoena power is a rare but necessary tool in legislative oversight.
US
Us Congress 2025-2026 Regular Session
Hearings to examine housing roadblocks, focusing on paving a new way to address affordability. Mar 12th, 2025 at 09:00 am
Senate Banking, Housing, and Urban Affairs Committee
Transcript Highlights:
- marker="99" data-time="1176">Why do we continue to confront roadblocks despite massive government investment
Keywords:
affordable housing, government investment, barriers, legislative solutions, public testimony
Summary:
The committee meeting focused on addressing the significant issue of affordable housing in America. Members expressed concern over the persistent barriers faced in the housing sector, despite substantial government investment aimed at alleviating these issues. It was highlighted that government interference plays a critical role in complicating the housing landscape, and discussions revolved around potential legislative approaches to mitigate these challenges. Several witnesses provided testimony, contributing to a thorough exploration of the topic.