US EditionTrump to announce electricity ‘rate payer protection pledges’ from Big Tech
Trump secured agreements with major tech firms to cover rising electricity costs from AI data centers, aiming to protect local ratepayers amid surging utility bills nationwide.
- On Tuesday, President Donald Trump will announce `rate payer protection pledges` negotiated with top tech companies during the State of the Union at 9 p.m. Eastern Standard Time from the U.S. Capitol.
- The administration says the aim is to highlight affordability by framing the move around the economy ahead of November congressional elections, pairing working-family guests including Catherine Rayner of Norfolk, Virginia.
- Officials told The Wall Street Journal that the pledges require top tech companies to pay increased electricity costs in communities hosting new AI data centers.
- Key aides edited the speech over the weekend, with Scott Bessent, Secretary of the Treasury, central to shaping Trump's economic policy and messaging.
- Broad policy announcements will include tax cuts, lower drug prices and home-purchase measures, while White House press secretary Karoline Leavitt said the address will `celebrate 250 glorious years of our nation's independence and excellence, highlighting incredible stories of American heroes throughout the speech.
25 Articles
25 Articles
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