Senate Democrats have blocked a Republican-backed bill aimed at reducing electricity costs linked to data centers. The legislation, which passed the House with overwhelming support, intended to shift more grid upgrade costs to data center operators themselves. Democrats blocked the bill by unanimous consent, arguing the proposal did not go far enough. The legislative impasse has impacted prediction markets, with the probability of a Texas data center moratorium by the end of 2026 dropping sharply from 48% to 9.5%. This development suggests that federal action on data-center-driven electricity costs is unlikely without broader bipartisan support.
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