Politics & Government

Governor Jeff Landry stood at England Airpark on Tuesday and made an announcement that Central Louisiana's economic development community has been waiting years to hear. Applied Digital Corporation — a Dallas-based company that designs, builds, and operates data centers for artificial intelligence and high-performance computing — will develop Delta Forge 1, a $3.6 billion AI factory campus in Rapides Parish. It is the largest economic development project in the region's moder

Louisiana's tax reform story over the last two years is one worth telling. The 2024 special session produced genuine, structural change: a flat 3% individual income tax, a reduced corporate rate of 5.5%, the elimination of the corporate franchise tax, and permanent full expensing — making Louisiana one of only three states in the country to fully decouple from federal phasedown rules on business investment. The Tax Foundation took notice. Louisiana jumped six spots in its Sta

Louisiana families know what it feels like to stretch a budget. They know what it costs to fill a prescription. And most of them have no idea that a significant reason American drug prices are so high is that wealthy foreign governments — our own allies — have spent decades rigging the system to avoid paying their fair share. That imbalance is now squarely in the crosshairs of the Trump administration, and Louisiana has every reason to pay close attention. A recent analysis f

By Sean Corkery One of the first things I did when I turned 18 was open a brokerage account and buy my first stock. The rules were clear, the broker had to be registered with FINRA, material risks had to be disclosed in the prospectus, and fraud carried real legal consequences. These aren't bureaucratic hurdles, they are the bedrock of a system that made American capital markets the deepest and most trusted in the world. Now Congress is considering legislation that would exem

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

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

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

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

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

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

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

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

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,

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

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

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