Story

On air. The free wire runs 15 minutes behind live. See pricing

World, crypto, finance and tech news, scored for impact.

MarketsCNBCFiled 17 h ago

Senate advances Trump-backed bipartisan bill to speed critical infrastructure projects

Open the sourceReported by CNBC, cnbc.com, 9 November 2026

Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.

The Senate advanced a bipartisan bill backed by President Trump to accelerate permitting for critical infrastructure projects, including a provision requiring AI companies and data center developers to fund their own power and grid upgrades. The measure aims to speed construction of the large-scale energy infrastructure needed to support surging data center demand tied to artificial intelligence. The bill's cost-allocation language would shift the burden of grid enhancements onto AI firms and data center developers rather than utility ratepayers. The Senate's action sets up further legislative steps before the proposal can reach the president's desk.

Muhabbit's AI wrote this summary in its own words from CNBC's report. It can get details wrong, so check the source.

Named in this story

data center developers, AI companies, Donald Trump, US Senate