Texas Leads the Nation

Last week, Texas Governor Greg Abbott issued a number of executive orders aimed at blocking insidious Chinese Communist Party actions in his state. While they included laudable measures to “harden” its government and protect its people from CCP harassment, one action is of surpassing importance.

In a letter to state agencies, Gov. Abbott declared: “I direct Texas investing entities that you are prohibited from making any new investments of state funds in China. To the extent you have
any current investments in China, you are required to divest at the first available opportunity.” 

With Texas now precluding investments in Chinese entities, Wall Street is on notice: Its practice of sluicing our money to CCP-controlled corporations – including many directly building weapons the People’s Liberation Army is acquiring to kill Americans and other companies helping brutally to oppress the people of China – must end.

This is Frank Gaffney.