(Jan 19): US President Donald Trump called a New York Stock Exchange (NYSE) equities trading outpost in Texas “an UNBELIEVABLY BAD THING” for New York and a “big test” for Mayor Zohran Mamdani, who took office earlier this month. “I can’t believe they would let this happen,” Trump said in a post on the Truth Social site issued late Sunday in the US. The NYSE said in February 2025 that it would reincorporate its NYSE Chicago operations in Texas and launch a fully electronic exchange in Dallas, pending regulatory filings. NYSE Texas opened for business in March, well before Mamdani became the mayor of New York. The president’s media venture, Trump Media & Technology Group Corp, was among the first companies to show its intention to list on the NYSE’s upstart site in Texas.

Source: The Edge Markets January 19, 2026 07:20 UTC