Gus Mutscher, Texas House speaker who resigned amid the Sharpstown stock fraud scandal, dies at 90

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Gus Mutscher, Texas House speaker who resigned amid the Sharpstown stock fraud scandal, dies at 90
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Gus Mutscher, a former Texas House Speaker who resigned after being convicted in a stock fraud scandal, died Sunday at age 90.

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The Brenham Democrat was first elected to the House in 1960 and kept his seat for six legislative sessions. Mutscher worked in various roles before becoming speaker, including serving on the Legislative Budget Board and the Texas Legislative Council as well as chairing the Legislative Redistricting Committee and vice chairing the Appropriations Committee.

When he wasn’t in office, he spent much of his time in Washington County, working cattle, mending fences and chasing down escaped bulls, according to. He was a diehard Dallas Cowboys fan, regularly driving to Irving wearing a “Tom Landry” fedora to catch the football games. A Houston banker, Frank Sharp, had granted profitable stock purchases to state lawmakers; in exchange, legislators passed banking legislation that Sharp and his business and his business benefited from. Mutscher helped shepherd the banking bills in the House.

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