FTX’s collapse came after customers raced to cash out their deposits when a major competitor questioned its viability and declined to buy the company in a bailout deal.
Karen Brooks Harper
Karen Brooks Harper reported on the state budget and health and human services from 2020 to 2024. An alumna of the Missouri School of Journalism, Karen arrived in Texas in 1995 to join the Corpus Christi Caller-Times, spent several years in Laredo and Mexico covering immigration and the drug war for Knight-Ridder newspapers, and has covered Texas politics for more than two decades for news organizations including the Fort Worth Star-Telegram, the Dallas Morning News and Reuters.
Posted in
Texas 2022 Elections
Republican victories show Texas is still far from turning blue
Republicans continued their 28-year dominance of statewide races but fell short of their hopes for a South Texas congressional sweep.
Posted in
Texas 2022 Elections
Republican Glenn Hegar defeats Janet Dudding to keep his state comptroller job for third term
During the campaign, Hegar touted his work on lowering taxes and expanding broadband in Texas, reforming the tax code, reducing regulations on agriculture and pushing for government transparency.
Posted in
Criminal Justice
Texas diverts $359.6 million from prisons to keep Greg Abbott’s border mission operating
The latest infusion was among $874.6 million in “emergency” budget transfers requested by the Texas Legislative Budget Board, which is composed of GOP state leaders and budget writers.
Posted in
Economy
State agencies push for better worker pay as critical staffing crunch hits Texas government
Texas agencies say they are being hammered by a historic staffing crisis, particularly when it comes to those in the trenches serving the state’s most vulnerable populations.
Posted in
Texas 2022 Elections
Comptroller Glenn Hegar is reminding voters he’s a Republican ahead of his November election
Hegar, who is running for his third term as Texas comptroller of public accounts, has made increasingly provocative moves in recent weeks, challenging financial companies he says are anti-oil and gas and threatening budget sanctions against Harris County over police funding.
Posted in
Health care
Abortion-rights groups sue Texas AG, prosecutors to protect ability to help pregnant Texans seek legal abortions in other states
The suit comes two days before the state’s newest abortion ban, triggered by the overturning of Roe v. Wade, goes into effect.
Posted in
Politics
This 1995 Texas law could shield Alex Jones from paying the vast majority of the $50 million defamation case judgment
Democrats in 1995 enacted lawsuit reforms that limit the amount of damages plaintiffs collect.
Posted in
Coronavirus in Texas
Familiar racial disparities emerge in first month of COVID-19 vaccinations for the youngest Texans
Kids ages 6 months to 4 years became eligible for the vaccine last month. Experts say a number of factors could be hampering parents from getting their kids vaccinated.
Posted in
Health care
Demand for the monkeypox vaccine in Texas is outstripping supply as the nondeadly disease takes hold
The vaccine isn’t widely available yet and testing levels are low. That’s driving concern about a virus that is expected to keep spreading.
