Politics1/16/2026•Bloomberg

Trump Says He’ll Make Tech Firms Pay for Power | Bloomberg Businessweek Daily 1/16/2026

Trump Says He’ll Make Tech Firms Pay for Power  | Bloomberg Businessweek Daily 1/16/2026

In a move to address surging power costs, former US President Donald Trump has announced plans to have major tech companies pay for the increased energy usage. The announcement has sparked discussion among industry experts and economists. Michael Shepard, a senior editor at Bloomberg News, provided insights on the potential implications of Trump's proposal. Meanwhile, Leslie Marks, the Chief Investment Officer for Equities at Mackenzie Investments, highlighted the significant risks facing investments in 2026. Additionally, Daron Acemoglu, an economist at MIT, shared his "Unified Theory of Trump," analyzing the former president's approach and its impact. Maja Vujinovic, the CEO of Digital Assets at FG Nexus, also discussed the recent volatility in the cryptocurrency sector. The article covers a range of perspectives on the evolving tech landscape, power costs, and the potential economic implications of Trump's latest move.

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