Group 1 - President Donald Trump criticized the New York Stock Exchange's expansion into Texas, calling it "unbelievably bad" for New York's financial status [1] - The NYSE's parent company, Intercontinental Exchange (ICE), announced Texas as a secondary listing venue in February, with NYSE Texas starting operations in October 2025 and attracting 10 companies for dual listings [3] - Texas has become a significant competitor to New York City in the financial sector, with major companies moving towards the state [4] Group 2 - Texas Governor Greg Abbott stated that ESG policies have driven interest in a Texas-based exchange, arguing that companies should not be excluded from New York capital markets due to left-leaning policies [5] - Texas now hosts more NYSE-listed companies than any other state, with a total market value exceeding $3.7 trillion, led by firms like Oracle Corp, Exxon Mobil, and Chevron [6] - Predictions suggest a potential shift in U.S. financial and tech capitals, with Miami possibly overtaking New York City as the finance capital [6]