Hurricane Helene caused a record $53 billion in damages and recovery needs in western North Carolina. The figure surpasses the previous $17 billion record set by Hurricane Florence in 2018, according to Governor Roy Cooper's administration. Cooper called the storm the deadliest and most damaging in the state’s history, with ninety-six reported deaths and extensive damage to infrastructure. Cooper has requested over $3 billion from the General Assembly for repairs, with about $13 billion expected from federal assistance.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Hurricane Helene caused a record $53 billion in damages and recovery needs in western North
00:07Carolina. The figure surpasses the previous $17 billion record set by Hurricane Florence in 2018,
00:14according to Governor Roy Cooper's administration. Cooper called the storm the deadliest and most
00:19damaging in the state's history, with 96 reported deaths and extensive damage to infrastructure.
00:24Cooper has requested over $3 billion from the General Assembly for repairs,
00:28with about $13 billion expected from federal assistance.
00:32For all things money, visit Benzinga.com slash GSTV.