The Texan Podcast - Daily Rundown - November 12, 2025

Starting point is 00:00:00 Howdy, folks. Today is Wednesday, November 12th, and you're listening to the Texans Daily Rundown. I'm the Texans assistant editor Rob Laus, and here is the rundown of today's news in Texas politics. First up, Texas Attorney General Ken Paxton announced four legal actions on November 7th related to child safety, education, and alleged illegal electioneering by school districts. Paxton filed one lawsuit against the online gaming platform Roblox over child safety concerns, and won against Galveston ISD for refusing to display donated copies of the Ten Commandments in classrooms. He also defended a state law that restricts drag show exposure for children and sent warning letters to four school districts accused of illegal electioneering. In a November 7th press release, Paxton announced he was suing Roblox,

Starting point is 00:00:57 one of the largest online gaming sites for children, claiming it was, quote, flagrantly ignoring state and federal online safety laws while deceiving parents about the dangers of its platform. He went on to say that the gaming site markets itself as a, quote, safe digital space of creativity, but has become a, quote, breeding ground for predators. Paxton joined several other lawsuits against Roblox, including one filed by Louisiana Attorney General Liz Murrell in August and another by Galveston parents, who claimed their daughter was systematically groomed and sexually exploited on the platform. In other news, several non-profit organizations have filed a federal lawsuit against Texas Attorney General Ken Paxton in the U.S. District Court in Austin,

Starting point is 00:01:46 challenging the constitutionality of Senate Bill 2337 by state Senator Brian Hughes, because they say it chills their speech about value-based investing. SB 2337, passed during the 89th legislative session, requires a proxy advisory firm to disclose when its recommendations are based on non-financial factors or, quote, conflict with other proxy advisory services. The lawsuit claims that the Texas legislature passed the law, quote, to suppress growing shareholder demands that companies consider important issues that can affect long-term performance. In their lawsuit, the plaintiffs argue that the state of Texas through SB 2337 compels them to speak in only one acceptable way about these investment-related positions. Last but not least, Coinbase, the largest U.S.-based cryptocurrency exchange, is packing its

Starting point is 00:02:42 bags and making Texas its new home. In a social media thread, Paul Grewell, chief legal officer of Coinbase, said that the crypto exchange will move its headquarters from, Delaware to Texas because it's, quote, corporate legal framework offers the right mix of efficiency, predictability, and fairness to be our new home for incorporation. He also thanked Governor Greg Abbott for, quote, all he has done to create an environment that welcomes ambitious companies like Coinbase with open arms. Delaware, because of its historically favorable business court system, has long been ground zero for U.S. companies to incorporate, But in recent years, Texas has seen an increase in new incorporations and business relocations.

Starting point is 00:03:28 Elon Musk moved all of his companies, Tesla, Space X, and X from California to Texas. Caterpillar announced the relocation of its headquarters from Illinois to Irving in June 2022, and Chevron has said it is going to establish its base of operations in Houston. Thanks for listening. To support the Texan, please be sure to visit the Texan. News and and subscribe to get full access to all of our articles, newsletters, and podcasts.

The Texan Podcast - Daily Rundown - November 12, 2025

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