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PhreeNews > Blog > World > Markets > Trump could ‘pressure’ information facilities to pay prices
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Markets

Trump could ‘pressure’ information facilities to pay prices

PhreeNews
Last updated: February 15, 2026 6:53 pm
PhreeNews
Published: February 15, 2026
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White Home commerce advisor Peter Navarro speaks to members of the media close to the West Wing of the White Home in Washington, D.C., U.S., August 21, 2025.

Nathan Howard | Reuters

President Donald Trump’s commerce and manufacturing adviser, Peter Navarro, mentioned on Sunday that the White Home could pressure information heart builders to soak up their prices as voters proceed to bitter on the financial system and utility costs soar.

“All of those information heart builders, Meta on down, must pay for all, all the prices,” Navarro mentioned on Fox Information’ “Sunday Morning Futures.” “They should pay, not solely pay for the electrical energy that they are utilizing on the grid, however they should pay for the resiliency that they are affecting as properly. They should pay for the water. So there’s exercise, motion right here going ahead, the place we pressure them to internalize the price.”

Navarro didn’t element what the White Home’s plan to pressure information heart builders to internalize prices would appear to be. CNBC has reached out to the White Home for clarification.

When requested about Navarro’s remarks, a Meta spokesperson mentioned the corporate already pays for all of its power utilization.

“Meta pays the total prices for power utilized by our information facilities so they don’t seem to be handed onto shoppers — and we transcend that by paying for brand new and upgraded native infrastructure in addition to including new energy to the grid,” the spokesperson mentioned.

Learn extra CNBC politics protection

Information facilities and their drag on utilities are a part of the affordability downside. Electrical energy costs spiked 6.9% 12 months over 12 months in 2025 and present little signal of easing. Navarro sought to pin the blame for hovering prices on former President Joe Biden, who left workplace over a 12 months in the past.

“I simply wish to guarantee folks that we’re on it, we additionally really feel your ache,” Navarro mentioned. “We perceive the ravages that inflation took on you due to Joe Biden’s irresponsibility, however we’re addressing that with financial coverage that in the end will make wages rise sooner than the inflation fee, and that is the important thing to affordability.”

However People more and more blame the Trump administration for rising prices. Because the November 2026 midterms method, polls persistently discover Trump underwater on the financial system. Democrats are pounding Trump and the Republicans on affordability, arguing that on a regular basis items and providers have grown too costly. Democrats have taken a 5.2 level lead within the generic poll forward of the November midterm elections that might loosen Trump’s grip on Washington, in keeping with polling averages from RealClearPolitics.

Whereas Navarro sought in charge the previous president’s administration for People’ battle with affordability, Trump himself has mentioned he is “very proud” of the state of the financial system. In an interview with “NBC Nightly Information” that aired throughout the Tremendous Bowl on Sunday, the president was requested, “At what level are we within the Trump financial system?”

“I might say we’re there now,” he replied.

The Trump administration has not too long ago taken steps to handle the pressure on information heart electrical energy and rising utility prices.

A number of states and the White Home signed a pact in January urging the nation’s largest grid operator, PJM Interconnection, to make large expertise firms pay for brand new energy vegetation on the system. PJM operates the grid in a few of the most information center-heavy areas within the U.S., together with northern Virginia and New Jersey.

Democratic Govs. Abigail Spanberger of Virginia and Mikie Sherrill of New Jersey each romped to victories of their states in 2025 after campaigning to decrease electrical energy prices.

The pact referred to as for $15 billion in new era capability inside PJM, to be financed by tech firms, and urged the operator to carry an emergency public sale to acquire the ability. The transfer comes because the administration concurrently fights offshore wind tasks within the Northeast, a few of that are totally permitted or underneath building.

“Maybe no area in America is extra in danger than in PJM,” Power Secretary Chris Wright mentioned after the announcement. “That is why President Trump requested governors throughout the Mid-Atlantic to come back collectively and name upon PJM to permit America to construct large dependable energy vegetation once more.”

POLITICO final week reported on a draft compact that the White Home desires tech firms to signal to make sure information facilities do not have an effect on shoppers’ utility payments.

Trump mentioned final month on Fact Social that he had struck a cope with Microsoft “to make sure that People do not ‘choose up the tab’ for his or her POWER consumption, within the type of paying greater Utility payments.” The president added that his administration was negotiating with different tech giants and that there could be “Extra to come back quickly!”

Microsoft pledged final month to not elevate utility prices close to its information facilities, and to replenish water utilized by the facilities.

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