As a public company CEO, I'm pro tokenization of our stock for a simple reason: I want more people to own it. Why would I alienate a potential new category of shareholders? It's just bad business. Meet the customer where they are.

For a minute it looked like opponents of the bill would be able to use tribal concerns as a stalking horse. That bet seems to be faltering. Last redoubt is a ticking clock, attendance issues, House process arguments, and Huffmanesque underpants gnome theories.

SCOOP: Tribal support for the Senate's bipartisan permitting reform bill. The National Tribal Energy Association and Apsåalooke Nation/Crow Tribe have quietly submitted letters of support for BAAJA that I obtained

“research from Lawrence Berkeley National Laboratory found data centers were decreasing costs in certain regions. Another study by Electric Power Research Institute found a doubling of data center capacity between 2019 & 2024 resulted in a 4% drop in home electricity prices.”

This ideology is fundamentally anti progress. You can fight for worker protections, consumer safeguards and more transparency while also recognizing that AI can deliver significant benefits.

Data centers in Loudoun County, Virginia: “We get $1.2 billion a year in local tax revenue, about 40% of all of our tax revenue...on 3% of our land” Buddy Rizer, the county's economic development chief, explained how “data center alley” grew: “We would have never looked at having 55 million square feet of data center, 230-some buildings. That was not the plan. The plan was to utilize the fiber loop, the internet exchange, to utilize a reclaimed water line, and buildings that were already built. That was the plan, right? And so that made a lot of sense.” “But, you know, fast forward, today we are largely dependent on that. We get $1.2 billion a year in local tax revenue, about 40% of all of our tax revenue. And while that looks overwhelming, data centers take only about 3% of all of our land in the county. So it’s quite a return on investment. You know, 40%, $1.2 billion, on 3% of our land.”

“The IBEW strongly supports the BAAJA & commends Chairs Lee & Capito & Ranking Members Heinrich & Whitehouse for their work on permitting reform that will unlock development across the energy industry. As the world’s largest energy union, I’m encouraged that the bill benefits our members that build, operate, & maintain the electric grid and the energy that powers it.

SpaceX’s Arizona data center, per a county supervisor: “We could be reducing property taxes across the board in Cochise County, the entire county, by 20%” Frank Antenori, whose district includes the site, brought up the county’s tax math during a live Q&A: “Here’s just something to just chew on. Arizona has an expenditure limit requirement that is placed on counties. If we exceed that expenditure, we have to rebate back to the taxpayers a certain amount.” “So, if we’re receiving revenue in from SpaceX, by law, we have to offset that to the taxpayers. We have the potential to reduce, based on the projected revenue they’re creating, as much as 20%.” “Let me just say it again. We could be reducing property taxes across the board in Cochise County, the entire county, by 20% to offset for the revenue here, because we can’t spend all that money. So, we have to give that money back to the taxpayers. The law says we have to.” “So, you could see a potential significant impact to local property taxes. What that is, I don’t know. We’re going to have to do the math on it. But the law, if we have this large increase in property tax revenue, we have to balance those rates. So that will reduce dramatically the property tax burden of every resident in the county.” “The construction sales tax, which also is the TPT, the transaction privilege tax, the retail tax, and the jail excise tax. So that will be part of the construction tax. We could literally use that money to pay the jail off in 2 to 3 years, as opposed to the 13 to 20 years.” “So this could be a revenue to eliminate the half-cent sales tax in 2 to 3 years. We can get rid of that half-cent sales tax.”

The Washington Post reports that research from leading energy experts found data centers actually LOWERED electricity costs in some regions. Another study found that doubling data center capacity was associated with a 4% DROP in home electricity prices.

SCOOP in @PunchbowlNews AM: The Trump admin counters Jeffries' opposition on permitting. DOD is advancing 9 more wind projects that were held up by Pentagon. All the approvals are large new wind projects of the Cat 1 type that Democrats have been demanding, a WH official told me

If you pay attention to numbers obsessively day-to-day you can miss the bigger picture. And the bigger picture is that this might be the best--or among the best--job markets we've ever had--as measured by delivering jobs for people that want them.

🚨 DeKalb, Illinois, built a NEW elementary school without borrowing a dime. Meta's data center paid $46.4 MILLION in property taxes from 2022–2024, with $28.6 million going to local schools. City Manager Bill Nicklas: “Not even the railroad made such an impact on DeKalb.”