Claims extracted
19
sentences that state something as happening or true
Uncertain
0%
0 of 19 hedged
("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
68/100
Fox News's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
2
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
As companies and capital flow away from traditional financial hubs like New York and California, one southern state is making an increasingly aggressive bid to become America's next financial powerhouse.
asserted
state → flow → bid
Speaking with Fox News Digital from the Texas Stock Exchange's Dallas headquarters, former Congressman Jeb Hensarling, a strategic advisor to the exchange, said Texas is already becoming "the economic center of gravity in America.
asserted
Texas → speak → America
"
"Texas is really becoming the economic center of gravity in America," Hensarling said.
"As New York is increasingly shoving capital out, Texas is saying, 'You're welcome.'
asserted
You → become → capital
We put out the welcome mat, whereas New York, capital isn't really made to feel at home, and capital wants to go where it's made to feel at home.
asserted
it → put → home
The Texas Stock Exchange, which received Securities and Exchange Commission approval last year, is designed to compete with the New York Stock Exchange and Nasdaq by giving companies another venue to go public and list their shares.
asserted
which → receive → shares
Supporters say the exchange is the latest sign the Lone Star State is evolving from a destination for corporate relocations into a financial center capable of challenging Wall Street.
asserted
State → say → Street
"Texas has been a great place to do business for decades," Hensarling said.
asserted
Hensarling → do → decades
"But increasingly, it's a great place to headquarter your business.
asserted
it → headquarter → business
Over the last couple of legislative sessions, because of laws passed, it's a great place to incorporate your business.
asserted
it → pass → business
And really the last piece of that puzzle was the Texas Stock Exchange, which is now making Texas the best place to list your company and to go public."
asserted
Texas → make → company
The exchange has already secured primary listings from companies such as Energy Transfer, Dillard's, Sunoco and Texas Capital Bank.
asserted
exchange → secure → Transfer
Hensarling said backing from major financial firms such as JPMorgan and BlackRock, along with executives recruited from competing exchanges, demonstrates the venture is more than a branding exercise.
asserted
venture → say → exercise
"They don't put their capital in places where they think it's going to lose money," Hensarling said.
asserted
Hensarling → put → money
Hensarling also dismissed criticism that "Y'all Street" is little more than a catchy slogan.
asserted
Street → dismiss → slogan
"If it was gimmicky, I'm not really sure the competition would be all of a sudden setting up offices here," he said.
asserted
he → set → offices
Hensarling pointed to the exchange's financial backers, executives recruited from rival exchanges and companies that have chosen Texas as their primary listing as evidence that it has quickly become a credible competitor.
asserted
it → point → evidence
Hensarling said the exchange is simply the latest chapter in Texas' broader economic ascent.
asserted
exchange → say → ascent
"People are coming to Texas because, again, capital is made to feel welcome," he said.
asserted
he → come → Texas
all in all, they're coming here because this is where, economically, the action is."
asserted
action → come → ?