Aggressive Price Controls
−0.4%
Hinojosa treats the fuel and power-price spike as a mandate for sweeping intervention. This path is less likely because it invites litigation and funding disputes, but it would create the clearest negative read-through for Texas-exposed utilities and retail power providers.
What it moves
- Utilities−3.2%
- Energy−0.9%
- Riskier companies' borrowing costs
- Market volatility
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