“It feels like one thing after another after another,” Steve Adler, the mayor of Austin, Texas, tells TODAY of the ongoing crisis in Texas brought on by brutal winter weather. “We were just not prepared for these cold temperatures,” he says. “We have a deregulated power system in the state, and it doesn’t work.” » Watch TODAY All Day: http://www.youtube.com/today » Subscribe to TODAY: http://on.today.com/SubscribeToTODAY » Watch the latest from TODAY: http://bit.ly/LatestTODAY About: TODAY brings you the latest headlines and expert tips on money, health and parenting. We wake up every morning to give you and your family all you need to start your day. If it matters to you, it matters to us. We are in the people business. Subscribe to our channel for exclusive TODAY archival footage & our original web series. Connect with TODAY Online! Visit TODAY's Website: http://on.today.com/ReadTODAY Find TODAY on Facebook: http://on.today.com/LikeTODAY Follow TODAY on Twitter: http://on.today.com/FollowTODAY Follow TODAY on Instagram: http://on.today.com/InstaTODAY Follow TODAY on Pinterest: http://on.today.com/PinTODAY #Texas #ColdTemperatures #TODAY Mayor Of Austin, Texas: ‘We Were Not Prepared For Cold Temperatures’ | TODAY