Our nation’s founders understood something powerful – when rules are clear and consistent, and when the government stays out of the way, competition thrives and Americans prosper. As seen in Texas, when free markets are protected, competition thrives, benefiting consumers and taxpayers in ways that the heavy hand of government or socialist policies never can.

Today, our founding principles face unprecedented challenges that are driving costs up, opportunity down, and American competitiveness backward. Arbitrary government-driven debanking denies access to financial services based on politics, not principle. Confusing state-by-state regulations suffocate innovation in AI, energy, and infrastructure. Excessive permitting delays prevent affordable housing and critical projects while rent control policies discourage investment and limit housing supply. Outdated maritime rules raise prices for American families. Government-created barriers restrict supply and kill competition in healthcare. Burdensome taxes are costly for hardworking families, consumers, businesses, and financial institutions, and can even strip Americans of the credit card rewards they rely on.

In the Lone Star State, we know the importance of cutting red tape and supporting innovation and investment over stifling progress. Reducing burdensome regulations encourages competition and innovation across industries. It also lowers barriers to entry, enabling new firms to compete and deliver innovative and affordable solutions. By limiting unnecessary regulation, maintaining a competitive tax climate, and creating an environment where companies can grow and innovate, our state has successfully attracted large corporations in search of greater opportunity and a better environment for their employees to succeed – now boasting one of the nation’s largest financial services workforces while continuing to attract major financial institutions and investment activity.

Regulatory overreach, unclear or outdated rules, and political interference all impact families and small businesses across the country. We believe in five core principles that we’re fighting for:

• Support competition.
• Protect taxpayers.
• Champion capitalism.
• Prevent government overreach.
• Promote clear, objective rules.

Texas policymakers who have long supported fundamental free market principles have an opportunity to lead the nation by example. By continuing to uphold and champion policies rooted in these principles, they can ensure that the Lone Star State remains a beacon of economic freedom and opportunity – welcoming families, talent, and capital fleeing socialist states with high taxes and unfavorable business environments.