[FMX] External Text File problems

1

I’m sure this is an easy fix but for some reason I cannot get the text field to accept HTML coding when I’m loading the text in. I have the Render Text as HTML (<>) button checked but still nothing happens. Here’s the code I’m using:

var externalData:LoadVars = new LoadVars();
externalData.onLoad = function() {
	news_txt.text = externalData.newsText;
}
externalData.load("News_Text.txt");

I’m thinking I need to add something similar to this??:

news_txt.html = true;
news_txt.htmlText = newsText;

Any help would be greatly appreciated.