Trump Defends Data Centers Amid Growing Public Backlash

Bloomberg Television5 hours ago0:19

President Donald Trump strongly defended data centers Wednesday, despite growing public backlash against the rapid buildout. #trump #technology #usa #news #politics "If I were the mayor of a town or the governor of a state, and I had a chance to get a big plant in, an AI plant or a data center, I would absolutely want it because the jobs are enormous and the money paid, the taxes paid are just enormous," Trump told reporters at the White House. The president's review is more optimistic than many Americans, who have pushed backed against data centers in their backyard over concerns with the buildings' use of water, electricity or hefty tax breaks for tech companies. Read more: https://www.bloomberg.com/news/articles/2026-08-19/trump-asks-congress-to-pass-crypto-bill-alongside-executives ---------- Like this video? Subscribe https://www.youtube.com/@Bloomberg-News Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more. Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg on YouTube: https://www.youtube.com/@business https://www.youtube.com/@markets https://www.youtube.com/@BloombergTechnology https://www.youtube.com/@BloombergPodcasts Connect with us on social: https://www.instagram.com/bloombergbusiness https://www.linkedin.com/company/bloomberg-news https://www.tiktok.com/@bloombergbusiness https://www.facebook.com/bloombergbusiness

Trump Defends Data Centers Amid Growing Public Backlash | PiQ Markets