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White House economic director Kevin Hassett says US data center growth will continue

National Economic Council Director Kevin Hassett said there is plenty of room for data center growth to continue in the United States, asserting that election outcomes and ballot curbs will not stop the artificial intelligence infrastructure buildout.

CNBC broadcast split screen showing an anchor and National Economic Council Director Kevin Hassett with a lower third headline regarding US data center growth.
Image: @wallstengine

National Economic Council Director Kevin Hassett stated during a CNBC broadcast that the United States has plenty of room for data center growth to continue, pushing back against concerns that artificial intelligence infrastructure expansion could stall.[2][4][5]

Hassett argued that AI data center construction can proceed at the pace projected before the elections and that ballot curbs will not impact projects scheduled over the next couple of years. CNBC reported Hassett's stance that a Blue Wave will not stop the AI buildout.[1][3][4]

Addressing resistance to new development, Hassett said that communities hosting data centers stand to benefit economically, while adding that Donald Trump respects localities that do not want facilities built. The remarks come as the AI data center sector navigates headwinds that include tighter permitting rules, electricity costs, and local opposition.[4][5]

Key facts

  • National Economic Council Director Kevin Hassett told CNBC there is plenty of room in the U.S. for data center expansion to continue.
  • Hassett stated that ballot curbs do not affect AI data center projects scheduled over the next couple of years.
  • Hassett said data center construction can continue at the pace projected prior to the elections.
  • Hassett noted that Donald Trump respects localities that do not want data centers.
  • Communities hosting AI data center facilities stand to benefit economically, according to Hassett.
  • Electricity costs, local opposition, and stricter permitting requirements remain major industry challenges.

Sources · 5 sources

  1. CN

    CNBC@CNBCPost on X ·

    Data center double-down: Hassett says Blue Wave won't stop AI build-out https://t.co/7u7VIporMU

    Open source
  2. *B

    *Walter Bloomberg@DeItaonePost on X ·

    HASSETT: PLENTY OF ROOM FOR DATA CENTER GROWTH TO CONTINUE -CNBC

    Open source
  3. QU

    Quartz@qzPost on X ·

    The White House says the AI data center buildout will continue: National Economic Council Director Kevin Hassett said ballot curbs do not affect projects scheduled over the next couple of years dlvr.​it/TWDM05

    Open source
  4. TM

    That Martini Guy ₿@MartiniGuyYTPost on X ·

    The White House has pushed back against fears that AI development could halt Kevin Hassett says the US still has significant room to expand AI data centres, arguing that construction can continue at the pace projected before the elections Hassett insists communities hosting these facilities stand to benefit economically Although, tighter permitting rules, electricity costs and local opposition remain significant challenges for the industry

    Open source
  5. WS

    Wall St Engine@wallstenginePost on X ·

    White House economic director Kevin Hassett says there is plenty of room for data center growth to continue, and that Trump respects localities that don't want data centers, per CNBC https://t.co/IBugyy8O9D

    Open source