top of page
Business News


Why Eliminating the Income Tax Could Be Louisiana’s Strongest Economic Development Tool
Louisiana’s economic challenges are well known in the business community: slow population growth, inconsistent job creation, and difficulty attracting outside investment compared to neighboring Southern states. While recent tax reforms have improved the state’s standing, they have not yet addressed the core issue shaping long-term competitiveness—how Louisiana taxes income. For business leaders and site selectors, tax structure is not just a line item. It is a signal. It refl
May 9


Inside Louisiana's Quiet Play to Land SpaceX
Something unusual is happening in the wetlands south of Pecan Island, and in the committee rooms of the Louisiana Legislature, and in the quiet corridors of the Landry administration. Hunting leases are being cancelled. ExxonMobil is shelving a major carbon capture project. A coordinated package of aerospace incentive bills materialized in the Louisiana Legislature within 48 hours of the March 31 filing deadline, carried by two of the most powerful committee chairmen in the H
May 7


Amendment 4 Would Help Louisiana Compete Again
For decades, Louisiana has imposed one of the most economically damaging and outdated taxes in America: the inventory tax. At a time when states across the South are competing aggressively for manufacturing projects, logistics hubs, distribution centers, and industrial investment, Louisiana continues taxing businesses simply for holding inventory on shelves and in warehouses. Forty-one states do not impose this type of tax at all. That matters. The inventory tax punishes comp
May 1


Investor Protections and Confidence Are Key to Crypto Innovation
After a decade of explosive growth, digital assets are rightfully moving into the financial mainstream. Financial institutions from NYSE to Nasdaq are investing in plans to integrate digital assets and tokenized securities. Even U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has claimed that much of the financial system could move on-chain within " a couple of years ." In preparation for this shift, the SEC is expected to announce an innovation exemption f
Apr 21


Why SpaceX Should Look to Louisiana — and Why Jeff Landry Is Right to Make the Pitch
For decades, Louisiana has quietly played a central role in America’s space program. Now, as commercial space companies look to expand, the state has a real opportunity to turn that legacy into a competitive advantage—and Gov. Jeff Landry is right to aggressively make that case. Louisiana isn’t trying to build an aerospace industry from scratch. It already has one. NASA’s Michoud Assembly Facility in New Orleans has been the backbone of American rocket manufacturing for more
Apr 9


Washington’s Crypto Debate Could Impact Louisiana’s Community Banks
For most Louisianans, the debate happening in Washington over cryptocurrency regulation can feel distant. But the outcome will have very real consequences — especially for the community banks that power local economies across the state. As Congress works toward advancing the CLARITY Act, one of the most important provisions taking shape is a bank-friendly approach to stablecoin regulation. That matters more than it might seem. Stablecoins are often described as digital dollar
Mar 30


WSJ: The FDA Clears the Air on Tobacco Products
This piece was written in response to an article in the Wall Street Journal linked here. While the FDA continues to navigate challenging headlines pointing to organizational problems and widespread criticism, one area within the agency stands out. Over the past year, the FDA’s Center for Tobacco Products (CTP) has become a notable bright spot—delivering real results for an agency working through significant institutional challenges. The CTP has been responsive to industry ex
Mar 24


$2 Billion Lesson: How One Louisiana Parish Lost a Transformational Project—and What It Means for the Rest of the State
A revealing moment during the Louisiana House Commerce Committee’s March 18 hearing made one thing unmistakably clear: political opposition to carbon capture is no longer a theoretical debate—it is costing Louisiana real projects, real jobs, and real investment. And in Beauregard Parish, that cost has already been paid. Testifying on House Bill 670, Louisiana Economic Development’s Chief Business Development Officer Paige Carter delivered a striking example. A confidential co
Mar 19


Op-Ed: Louisiana's energy future: Who's really calling the shots?
Louisiana holds one of the richest energy portfolios on Earth: abundant resources, unmatched ports, a proven workforce, and a strategic position at the crossroads of global trade. We should be the undisputed leader in America's energy story. Instead, we are locked in a defensive battle over our own backyard. A new Pelican Institute report, Barriers to Louisiana Energy Dominance , cuts straight to the core issues: outdated policies, regulatory uncertainty, runaway litigation,
Mar 17


Op-Ed: Crypto innovation needs stability, not shortcuts
By Rajesh P. Narayanan | Professor of finance, Louisiana State University After months of bipartisan negotiations, Congress continues to debate crypto market structure legislation, though questions remain whether common sense investor protections will be included in a new federal framework for digital assets. These proposals address fundamental questions aimed at providing needed clarity for digital asset markets, including around agency jurisdiction, and trust and confidence
Feb 21


ADVOCATE: LED looking for 'CEO Roundtable' applicants, where leaders can learn from each other
Cohab executive director Jessica Schiele says at least once a month in their CEO Roundtable group, a business leader says “I thought only I was dealing with that.” That is rarely the case, she says, and it's one of the ways the CEO program can help. Over the next month, Louisiana Economic Development will take applications for its 2026 CEO program and they are looking for candidates. Similar to the famous Las Vegas commercial, Schiele says conversations between the CEOs st
Feb 18


President Trump Is Rethinking How Americans Build Wealth
President Donald Trump’s push to modernize America’s retirement and savings system reflects a broader and increasingly clear philosophy: long-term economic security comes from early participation, financial literacy, and wider access to the wealth-building tools that have traditionally been limited to institutions and the wealthy. Recent debate over expanding permissible 401(k) investment options, including limited exposure to private equity, private credit, and other alterna
Feb 10
bottom of page