Category Archives: Business

State Question 842

By Marven Goodman

Free’s Homeowners From Ad Valorem Taxation and Turbocharges the Economy

Oklahoma is now engaged in a relentless fight for fiscal prudence and taxpayer sovereignty. The newly updated State Question 842 stands as a beacon of true conservatism, a citizen-led assault on the oppressive yoke of ad valorem property taxes levied on owner-occupied homesteads. Filed on December 5, 2025, by principled proponents such as former State Rep. Mike Reynolds, Rep. Jay Steagall (R-Yukon), and Sen. Shane Jett (R-Shawnee), this initiative isn’t about reckless giveaways but a calculated strike against government bloat, liberating hard-earned dollars from bureaucratic clutches to fuel free-market dynamism. Here at the Sooner Sentinel, staunch defenders of limited government and rock-bottom taxes, we hail SQ842 as a masterstroke: it slashes a regressive tax that stifles home ownership, injecting those savings back into the economy where they multiply through voluntary spending, ultimately swelling consumption-based revenues far beyond the initial relief.

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Order Reinforces Fiduciary Discipline

By Staff Report

Oklahoma State Treasurer Todd Russ said today that the newly issued Executive Order on Protecting American Investors from Foreign-Owned and Politically-Motivated Proxy Advisors reflects concerns Oklahoma has raised and acted on for years regarding the growing influence of proxy advisory firms that operate outside traditional fiduciary standards.

“For Oklahoma, this is not a new conversation,” Treasurer Russ said. “We have been clear and consistent: investment decisions must be driven by financial returns and fiduciary duty, not political ideology, foreign influence, or outsourced voting decisions that do not serve retirees or taxpayers.”

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President of OK Bank Indicted

By David Arnett

WASHINGTON — A federal grand jury in the Western District of Oklahoma returned an indictment December 3, charging the former President and Chief Executive Officer of the First National Bank of Lindsay for his role in a conspiracy to commit bank fraud, bank fraud, making false entries in the books and records of a financial institution, obstructing the examination of a financial institution and failing to implement an anti-money laundering program.

According to the indictment, Danny Seibel, 54, of Lindsay, Oklahoma, served as the President and Chief Executive Officer of the First National Bank of Lindsay from in or about February 2007 until his termination in September 2024.

First National Bank of Lindsay. Photo: KGOU
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OK Revenue: Year-Over-Year Growth

By David Arnett

The November 2025 State Tax Revenue Report released last week by State Treasurer Todd Russ shows a 4.1% increase in total revenue compared to November 2024, even as monthly results were uneven. Over the past 12 months, Oklahoma collected $17.08 billion, up 1.3% from the prior period, underscoring continued revenue resilience heading into 2026.

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Farmer Bridge Payments: $12 Billion

By David Arnett

President Donald J. Trump at a Cabinet meeting Monday announced the U.S. Department of Agriculture (USDA) will make $12 billion available in one time bridge payments to American farmers in response to temporary trade market disruptions and increased production costs that are still impacting farmers following four years of disastrous Biden Administration policies that resulted in record high input prices and zero new trade deals.

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