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Trump Tries to Tame Electricity Prices in the Northeast

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“President Donald Trump mounted a dramatic intervention into the nation’s largest power market on Friday, aiming to quell political headaches over rising electricity prices fueled by new data centers across a clutch of swing states,” Politico reports.

“The unprecedented move by the White House is an attempt to ensure one of the brightest spots in the economy — the surge in construction of data centers devoted to artificial intelligence — isn’t hamstrung by one of the biggest drags — the rising cost of energy.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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