Texas proposes creating its own currency evaluation commission

A Texas lawmaker has introduced a bill to create a commission that will evaluate the state's ability to establish its own currency. House Bill 4857, proposed by State Representative Andy Hopper, aims to assess Texas' fiscal relationship with the federal government. The proposed Texas Fiscal Risk Management Commission would analyze the state's financial contributions and the potential need for a contingency currency if the U.S. dollar collapses. It would report biennially to the Texas Legislature and governor. The bill is supported by the Texas Nationalist Movement, which advocates for Texas independence. The commission's findings could provide data for discussions on Texas' self-governance and financial independence.