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Signed as Law: Texas Takes Step Toward Recognizing Gold and Silver as Legal Tender

Signed as Law: Texas Takes Step Toward Recognizing Gold and Silver as Legal Tender

by Mike Maharrey | Jul 9, 2025 | Federal Reserve, State Bills

AUSTIN, Texas, (July 9, 2025) – Texas Governor Greg Abbott has signed a bill into law that starts the process of officially recognizing gold and silver as legal tender in the state, and authorizes the state comptroller to establish a payment system using gold...
Texas Committee Passes Bill to Create 100% Backed Gold and Silver Transactional Currency

Texas Committee Passes Bill to Create 100% Backed Gold and Silver Transactional Currency

by Mike Maharrey | Apr 18, 2025 | Federal Reserve, State Bills

AUSTIN, Texas (April 18, 2025) – A Texas House Committee passed a bill that would establish a 100 percent gold and silver-backed transactional currency recognized as legal tender in the state. Under House Bill 1049 (HB1056) sponsored by Rep. Mark Dorazio and more than...
Texas Bills Would Establish 100% Backed Gold and Silver Transactional Currency

Texas Bills Would Establish 100% Backed Gold and Silver Transactional Currency

by Mike Maharrey | Nov 20, 2024 | Federal Reserve, State Bills

AUSTIN, Texas (Nov. 20, 2024) – Two bills filed in the Texas House would create 100% backed gold and silver-backed transactional currencies that would serve as legal tender in the state. This would create a foundation for the people to undermine the Federal...
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