24-July-2026
Corporate News
 
Trump Set to Expand Power Cost Pledge on Data Centers
23-Jul-2026

President Donald Trump is set to unveil on Thursday a pledge backed by governors, lawmakers, utilities and data center developers aimed at shielding households from electricity costs tied to the AI boom, as he pushes to make the United States the global leader in artificial intelligence. It extends Trump's original Ratepayer Protection Pledge from March to ensure the companies building and using data centers pay above and beyond normal rates so that costs are not passed on to average households.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-22/trump-set-to-expand-power-cost-pledge-on-data-centers