Trump says AI data center pledge will lower your energy bill. Will it? [USA TODAY]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: USA TODAY
electricity in a bid by the Trump administration to tamp down on the price increases that have ballooned energy bills and angered American voters ahead of the November midterm elections. The data centers – which consume large swaths of land as well as supplies of electricity and water – are straining the electricity grid and driving up utility bills for homes and small businesses, just as the White House is working to bring down the cost of living. President Donald Trump has championed data centers as critical to the U.S. economy and to the AI race with China, but he's facing growing pressure to lower costs for Americans who have soured on his handling of the economy. “We're here this afternoon for a historic signing that will help keep down utility bills very, very substantially and electricity prices for millions of Americans,” Trump said during a White House event to sign the “Ratepayer Protection Pledge” that he announced during his State of the Union address . “They're not
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