
Money announces reelection bid for Texas House District 2
State Rep. Brent Money – a conservative Republican representing Texas House District 2 – officially announced his campaign for re-election Wednesday, highlighting what he called a strong record of fulfilling promises and advancing conservative priorities during his first term.
Money said his focus in his first term has remained on defending traditional values, lowering taxes and empowering parents in education – themes he plans to continue if given a second term.
'This legislative session was monumental for Texans,' Money said in a prepared statement. 'When I make a promise, I will follow through. I said I'd work relentlessly to protect the sanctity of life and the innocence of children and I did. I said I'd fight to lower taxes and I did. I said I'd open the door for parents to direct their child's education regardless of their income and we passed the most consequential education freedom bill this country has ever seen.'
Throughout his time in office, Money said he supported legislation aimed at curbing abortion, advancing school choice and securing elections. He added that he played a key role in restoring Senate Bill 2753 – originally altered into a study – back to a version designed to streamline the election process.
Money also said he backed legislation requiring renewable energy companies to clean up decommissioned equipment and advocated for expanded opportunities for local egg sellers as prices rose.
'The work is nowhere near done,' Money said. 'Texans are still being crushed under unfathomably high property taxes. The left is still coming for our family values. We can't back down now. I am committed to ensuring that Texas remains a beacon of freedom and opportunity.'
Money represents House District 2, which includes Hunt, Hopkins and Van Zandt counties. He easily won the 2024 general election race for the seat over Democrat Kristen Washington – outdistancing Washington by a 71,149 (80.58%) to 17,150 (19.42%) victory.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
20 minutes ago
- Bloomberg
Wind, Solar Credits Face Shorter Phase-Out in GOP's New Tax Bill
Key tax incentives for US wind and solar projects would face a more aggressive phase-out in the Senate's latest version of President Donald Trump's spending package. The tweak, which follows pushback by Trump on the Inflation Reduction Act credits, would sharply limit the number of solar and wind farms that qualify for incentives, appeasing opponents while risking the ire of moderate members who argued for a slower phase-out.

USA Today
21 minutes ago
- USA Today
Tens of thousands march against Hungary's government, for LGBT rights
Crowds in Budapest waved rainbow flags and carried signs mocking Prime Minister Viktor Orban amid a new ban on Pride marches. BUDAPEST, June 28 (Reuters) - Tens of thousands of protesters marched through Hungary's capital on June 28 as a banned LGBTQ+ rights rally swelled into a mass demonstration against the government. Crowds filled a square near Budapest's city hall before setting off across the city, some waving rainbow flags, others carrying signs mocking Prime Minister Viktor Orban. "This is about much more, not just about homosexuality, .... This is the last moment to stand up for our rights," Eszter Rein Bodi, one of the marchers, said. More: They were out and their companies were proud. Then came the DEI backlash. "None of us are free until everyone is free," one sign read. Small groups of far-right counter-protesters attempted to disrupt the parade, but police kept them away and diverted the route of the march to avoid any clashes. Orban's nationalist government has gradually curtailed the rights of the LGBTQ+ community in the past decade, and its lawmakers passed a law in March that allows for the ban of Pride marches, citing the need to protect children. Opponents see the move as part of a wider crackdown on democratic freedoms ahead of a national election next year when Orban will face a strong opposition challenger. Organizers said participants arrived from 30 different countries, including 70 members of the European Parliament. More than 30 embassies have expressed support for the march and European Commission President Ursula von der Leyen called on Hungarian authorities to let the parade go ahead. Seventy Hungarian civil society groups, including the Hungarian Civil Liberties Union, Transparency International Hungary and the Hungarian Helsinki Commission, published an open letter on June 27 in support of the march, saying the law that led to the police ban "serves to intimidate the entire society". 'Legal consequences' "The right to assembly is a basic human right, and I don't think it should be banned. Just because someone does not like the reason why you go to the street, or they do not agree with it, you still have the right to do so," Krisztina Aranyi, another marcher, said. Budapest mayor Gergely Karacsony tried to circumvent the law by organising the march as a municipal event, which he said does not need a permit. Police however banned the event, arguing that it fell under the scope of the child protection law. Orban, whose government promotes a Christian-conservative agenda, provided some clues on June 27 about what participants can expect when he warned of "legal consequences" for organising and attending the march. Earlier this week Justice Minister Bence Tuzson warned in a letter sent to some foreign embassies in Budapest that organizing a prohibited event is punishable by one year in jail, while attending counts as a misdemeanour. The law that allows for the ban of Pride lets police impose fines and use facial recognition cameras to identify people who attend. When asked about the threat of a one-year jail term, Karacsony said at a press briefing on June 27 that such a sentence would only boost his popularity. "But I cannot take it seriously," he said. Making the march a key topic of political discourse has allowed the Orban government to take the initiative back from the opposition and mobilise its voter base, said Zoltan Novak, an analyst at the Centre for Fair Political Analysis think tank. "In the past 15 years, Fidesz decided what topics dominated the political world," he said, noting that this has become more difficult as Orban's party has faced an increasing challenge from centre-right opposition leader Peter Magyar's Tisza party, which has a 15-point lead over Orban's Fidesz in a recent poll. Tisza, which has been avoiding taking a strong position on gay rights issues, did not specify in response to Reuters questions whether it believed the Pride march was lawful, but said those attending deserved the state's protection. "Peter Magyar has called on the Hungarian authorities and police to protect the Hungarian people this Saturday, and on other days as well, even if it means standing up against the arbitrariness of power," its press office said. Magyar himself would not attend.
Yahoo
22 minutes ago
- Yahoo
Can PayPal Stock Hit $125 in 2025?
Digital payment giant PayPal's (PYPL) story has been anything but smooth. After soaring in 2020 and carrying the momentum into early 2021, PYPL stock stumbled, ending three consecutive years in the red. While 2024 brought a much-needed rebound, 2025 has seen shares slip once again. Much of PayPal's decline can be traced to rising competition. Newer, faster fintech rivals have outpaced the company with sleeker, more intuitive payment solutions. Still, PayPal isn't going down without a fight. In response, PayPal brought in CEO Alex Chriss in 2023 to reset its strategy. Under his leadership, the company has launched features like one-click and express checkout while sharpening its focus on profitable growth and operational efficiency. Dear Nvidia Stock Fans, Watch This Event Today Closely A $2 Billion Reason to Sell Super Micro Computer Stock Now 3 ETFs Offering Juicy Dividend Yields of 15% or Higher Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! PayPal's ever-expanding partner network — featuring giants such as Amazon (AMZN), Shopify (SHOP), Apple (AAPL), Alphabet (GOOGL), and Meta Platforms (META) — also remains a powerful asset. With Wall Street's highest target pegged at $125 for the stock, can PayPal rally hard enough to hit that mark before the year wraps? PayPal runs a global technology platform that connects merchants and consumers through a dynamic two-sided network. Whether shopping online or in-person, users can pay, get paid, transfer, or withdraw funds using a wide range of options, including bank accounts and cards, PayPal and Venmo balances, cryptocurrency, and more — making digital payments seamless and accessible worldwide. With its market capitalization currently hovering around $71 billion, PayPal remains a major player in the fintech space. However, its stock performance tells a different story. Delivering a 25% return over the past one year, the stock has taken a 14% hit so far in 2025, underperforming the broader S&P 500 Index ($SPX) by a wide margin, with the benchmark up 4.4% year-to-date (YTD). PYPL stock touched a YTD high of $93.25 in January but has since fallen more than 21% from that peak. Considering its sluggish price action, PayPal now appears to be a potential value play. The stock is trading at just 14 times forward earnings and 2.25 times sales, which is significantly below its five-year averages. For investors hunting for discounted fintech names, PayPal's current valuation could offer an attractive entry point. PayPal delivered its fiscal 2025 first-quarter earnings on April 29. The results were a mixed bag, showing a slight revenue miss but a strong profit beat. Sales rose just 1% year-over-year (YOY) to $7.8 billion, falling short of expectations. However, the company made it clear this was by design. PayPal emphasized its strategic pivot toward profitability, deliberately phasing out lower-margin revenue streams. That shift paid off on the bottom line. Adjusted EPS came in at $1.33, up 23% from a year ago and beating Wall Street estimates by an impressive 15.7% margin. PayPal continued to strengthen its financial footing in Q1, with transaction margin dollars — the company's core profitability metric — rising 7% to $3.7 billion. Active accounts grew 2% YOY to reach 436 million, reflecting steady user engagement. Backed by a strong balance sheet with $15.8 billion in cash, cash equivalents, and investments, PayPal also returned $1.5 billion to shareholders through share repurchases, underscoring its commitment to capital returns. Reflecting on the Q1 performance, Chriss noted, 'PayPal had a great start to the year and our strategy is working. This is our fifth consecutive quarter of profitable growth with progress across branded checkout, PSP, omnichannel, and Venmo.' Looking ahead, PayPal offered a dose of optimism with strong Q2 guidance, projecting adjusted EPS between $1.29 and $1.31, signaling continued momentum on the profitability front. For the full year, the company took a more cautious stance. Citing ongoing global macroeconomic uncertainty, PayPal reaffirmed its earlier guidance, expecting full-year EPS to land between $4.95 and $5.10. By comparison, analysts tracking PayPal project the company's profit to grow 9.3% annually to $5.08 per share in fiscal 2025, followed by an even stronger 11% rise to $5.64 in fiscal 2026. Overall, Wall Street sentiment toward PYPL stock remains cautiously upbeat, with analysts giving it a consensus 'Moderate Buy' rating. Of the 44 analysts offering recommendations, 16 give it a solid 'Strong Buy" rating, two suggest a 'Moderate Buy,' 22 give a 'Hold,' and the remaining four advocate for a 'Strong Sell" rating. PYPL stock's average analyst price target of $79.81 indicates 9% potential upside. But the Street-high target of $125 tells a more bullish story, implying a potential rally of 70% if the company's turnaround strategy hits its stride. On the date of publication, Anushka Mukherji did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on