Trump to Unveil Electricity Commitments for Tech Companies During State of the Union Address
Reps. Derrick Van Orden, R-Wis., and Ryan Zinke, R-Mont., discuss President Donald Trump’s upcoming State of the Union address and the potential boycott of the event by some Democrats on ‘The Bottom Line.’
President Donald Trump is set to formally call on tech companies to contribute more towards electricity costs for new data centers, as reported by The Wall Street Journal on Tuesday.
During his State of the Union address on Tuesday night, Trump will announce new “rate payer protection pledges” that his administration has negotiated with leading tech firms. These pledges will require tech companies to pay higher electricity rates in communities where new AI data centers are established, according to officials cited by the Journal.
The President’s address to a joint session of Congress is anticipated to focus heavily on the economy. He plans to pair working-family guests with a data-driven narrative on affordability, alongside various economic policy announcements.
Trump’s speech is scheduled to begin at 9 p.m. Eastern Standard Time from the U.S. Capitol. Reports indicate that he made revisions to the speech over the weekend.
TRUMP HITS THE ROAD TO SELL ECONOMIC WINS, AS REPUBLICANS BRACE FOR HIGH-STAKES MIDTERM SHOWDOWN
President Donald Trump will address the nation before a joint session of Congress on Tuesday. (Reuters/Carlos Barria / Reuters)
“President Trump’s State of the Union Address will celebrate 250 glorious years of our nation’s independence and excellence, highlighting incredible stories of American heroes throughout the speech,” stated White House press secretary Karoline Leavitt ahead of the event.
Among Trump’s key focuses will be tax cuts in the “big, beautiful bill,” efforts to lower drug prices, and initiatives aimed at making home ownership more accessible for American families. Additionally, he is expected to unveil undisclosed economic policy announcements during the address.
The economy remains a primary concern for voters as they prepare to vote for a new Congress in November, following the Democrats’ 2025 campaign strategy centered around “affordability.”
TRUMP APPROVAL CLIMBS AS REPUBLICANS RALLY BEHIND PRESIDENT’S AFFORDABILITY AGENDA: POLL
Secretary of Treasury Scott Bessent has been a key figure in Trump’s economic policy. (Nathan Posner/Anadolu via Getty Images / Getty Images)
A White House official revealed that Trump has invited guests connected to various economic initiatives mentioned in his speech. One notable guest is Catherine Rayner from Norfolk, Virginia, who has faced fertility challenges. Rayner became the first patient of a new portal launched earlier this month, which significantly reduced her fertility medication costs from approximately $4,000 to just $500.
Heritage Foundation chief economist EJ Antoni discusses President Donald Trump imposing 15% global tariffs after the Supreme Court ruled against his tariff policy on ‘The Bottom Line.’
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In his address, Trump is also expected to adopt his signature populist tone, criticizing “special interest groups” that have maintained power while neglecting the needs of working Americans, according to a White House official.
Fox News’ Emma Colton contributed to this report.
Reps. Derrick Van Orden, R-Wis., and Ryan Zinke, R-Mont., discuss President Donald Trump’s upcoming State of the Union address and the potential boycott of the event by some Democrats on ‘The Bottom Line.’
President Donald Trump is set to formally call on tech companies to contribute more towards electricity costs for new data centers, as reported by The Wall Street Journal on Tuesday.
During his State of the Union address on Tuesday night, Trump will announce new “rate payer protection pledges” that his administration has negotiated with leading tech firms. These pledges will require tech companies to pay higher electricity rates in communities where new AI data centers are established, according to officials cited by the Journal.
The President’s address to a joint session of Congress is anticipated to focus heavily on the economy. He plans to pair working-family guests with a data-driven narrative on affordability, alongside various economic policy announcements.
Trump’s speech is scheduled to begin at 9 p.m. Eastern Standard Time from the U.S. Capitol. Reports indicate that he made revisions to the speech over the weekend.
TRUMP HITS THE ROAD TO SELL ECONOMIC WINS, AS REPUBLICANS BRACE FOR HIGH-STAKES MIDTERM SHOWDOWN
President Donald Trump will address the nation before a joint session of Congress on Tuesday. (Reuters/Carlos Barria / Reuters)
“President Trump’s State of the Union Address will celebrate 250 glorious years of our nation’s independence and excellence, highlighting incredible stories of American heroes throughout the speech,” stated White House press secretary Karoline Leavitt ahead of the event.
Among Trump’s key focuses will be tax cuts in the “big, beautiful bill,” efforts to lower drug prices, and initiatives aimed at making home ownership more accessible for American families. Additionally, he is expected to unveil undisclosed economic policy announcements during the address.
The economy remains a primary concern for voters as they prepare to vote for a new Congress in November, following the Democrats’ 2025 campaign strategy centered around “affordability.”
TRUMP APPROVAL CLIMBS AS REPUBLICANS RALLY BEHIND PRESIDENT’S AFFORDABILITY AGENDA: POLL
Secretary of Treasury Scott Bessent has been a key figure in Trump’s economic policy. (Nathan Posner/Anadolu via Getty Images / Getty Images)
A White House official revealed that Trump has invited guests connected to various economic initiatives mentioned in his speech. One notable guest is Catherine Rayner from Norfolk, Virginia, who has faced fertility challenges. Rayner became the first patient of a new portal launched earlier this month, which significantly reduced her fertility medication costs from approximately $4,000 to just $500.
Heritage Foundation chief economist EJ Antoni discusses President Donald Trump imposing 15% global tariffs after the Supreme Court ruled against his tariff policy on ‘The Bottom Line.’
GET FOX BUSINESS ON THE GO BY CLICKING HERE
In his address, Trump is also expected to adopt his signature populist tone, criticizing “special interest groups” that have maintained power while neglecting the needs of working Americans, according to a White House official.
Fox News’ Emma Colton contributed to this report.
