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Stock impact report

Withdrawal From DACA Litigation Becomes Key Point In Texas Attorney General Race [Forbes]

International Bancshares Corporation (IBOC) 
US:NASDAQ Investor Relations: ibc.com/en-us/investors/pages/default.aspx
Company Research Source: Forbes
Austin, TX “Why do you think that you can win as a Democrat in Texas?” This is the biggest question hanging over Justin Nelson, Democratic candidate for Texas Attorney General.  His response: “I will withdraw Texas from the DACA suit on my first day in office.” Figures from the Department of Homeland Security show that there are approximately 690,000 children in the United States under the protection of DACA (Deferred Action for Children Arrivals). Although altering immigration policy is usually the responsibility of the federal government, children under the protection of DACA may have their status in this country impacted by the results of the Texas Attorney General race. This is because Texas is the lead plaintiff in a multi-state lawsuit to end DACA. The lawsuit’s goal is to stop the federal government from issuing or renewing permits given under DACA. Ken Paxton, the current Texas Attorney General, claims that the suit’s success is “ Show less Read more
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