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The Times-Picayune 02-25-2026

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W e d n e s d ay, F e b r u a ry 25, 2026

‘WE’RE WINNING SO MUCH’ Trump delivers State of the Union amid signs of rising economic anxiety and his popularity with voters in decline

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Landry seeks funding for fortified roofs from insurer Governor wants LWCC to commit excess reserves

BY SAM KARLIN Staff writer

Gov. Jeff Landry is asking the state-created Louisiana Workers’ Compensation Corp. to use its balance sheet to help pay for stronger roofs for homeowners in a bid to alleviate a homeowners insurance crisis that has proved an enduring political problem. Landry, in a letter to LWCC’s leadership dated Monday, noted that the nonprofit company has sizable reserves and is in a strong financial position. He said unaffordable property insurance is threatening the state’s economy, and asked LWCC to commit “a portion of its excess reserves” to help pay for fortified roofs, particularly for homeowners covered by Citizens, the insurer of last resort. “LWCC was created to solve a market failure through state enabled action,” he wrote, referring to the Legislature’s creation of the nonprofit in the 1990s to stabilize a tumultuous workers’ compensation sector. “It now possesses the financial capacity, flexibility and institutional credibility to help solve another.”

ä See ROOFS, page 9A

ASSOCIATED PRESS PHOTO By KENNy HOLSTON

President Donald Trump delivers the State of the Union address to a joint session of Congress in the House chamber at the U.S. Capitol on Tuesday. BY WILL WEISSERT and MICHELLE L. PRICE Associated Press

WASHINGTON — President Donald Trump declared during Tuesday’s marathon State of the Union that “we’re winning so much,” saying he’d sparked a jobs and manufacturing boom at home while imposing a new world order abroad — hoping that offering a long list of his accomplishments can counter approval rat-

ings that have been falling. His main objective was convincing increasingly wary Americans that the economy is stronger than many believe, and that they should vote for more of the same by backing Republicans during November’s midterm elections. In the process, he shattered his own record, going longer than the 100-minute speech he gave before a joint session of Congress last year. Trump tried at points to appeal to

Guste High Rise avoids water shut-off for now BY SOPHIE KASAKOVE Staff writer

bipartisan patriotic sentiments, introducing a series of surprise guests that included U.S. military heroes; a former political prisoner released after his administration toppled Venezuelan President Nicolás Maduro; and the Olympic gold-medal-winning U.S. men’s hockey team. “Our country is winning again. In fact, we’re winning so much that we really don’t know what to do about

Seniors at a Central City public housing complex will be able to use their water for another month while the New Orleans housing authority and the property’s private manager decide who will settle a $1.5 million water bill. Susannah Kirby, the Sewerage & Water Board’s chief of customer service, told board members of the Housing Authority of New Orleans on Tuesday that the utility would not shut off water at the Guste High Rise for 30 days while the board decides how to fund the payment.

ä See WINNING, page 3A

ä See GUSTE, page 5A

Letlow’s late disclosure of 210 stock trades draws scrutiny In 100 of those trades, Letlow, RAd targets issue amid Baton Rouge, reported the transrace for Senate seat actions more than a year late, ac-

BY TYLER BRIDGES Staff writer

U.S. Rep. Julia Letlow, who President Donald Trump has endorsed to be Louisiana’s next senator, did not follow a federal law that required her to report 210 individual stock trades over the past two years, according to a document she filed with Congress last month.

WEATHER HIGH 75 LOW 64 PAGE 8B

cording to the stock trading report — known as the Periodic Transaction Report — that she filed on Jan. 13, 2026. In all, the trades involved stocks worth anywhere from $225,000 to $3,185,000. Members of Congress provide a range of the value for each trade. A super PAC supporting U.S. Sen. Bill Cassidy, R-Baton Rouge, is broadcasting TV and radio ads

ELECTION 2026

210 transactions. That was a significant number, U.S. SENATE said Kedric Payne, the senior director of ethics at the Campaign attacking Letlow’s failure to report Legal Center, a nonprofit in Washthe trades on time. ington, D.C. Under a 2012 law passed by Con“The public has to have configress known as the STOCK Act, dence that the decisions of their Letlow and all members of Con- elected officials are based on progress have to report individual tecting the public interest and not stock trades within 45 days of the their financial interest,” Payne transaction. said. “The only way to do that is But the report she filed last have accurate reporting of the month shows that she violated fedä See LETLOW, page 4A eral law by failing to do so in those

Business ......................8A Commentary ................7B Nation-World................2A Classified .....................8D Deaths .........................3B Opinion ........................6B Comics-Puzzles .....4D-7D Living............................1D Sports ..........................1C

STAFF PHOTO By MICHAEL JOHNSON

U.S. Rep. Julia Letlow, R-Baton Rouge, speaks on Feb. 13 after qualifying to run for the U.S. Senate.

13TH yEAR, NO. 197


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