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Tim Scott wants to hear from Warsh on data centers and AI

Sen. Tim Scott, a Republican from South Carolina and chair of the Senate Banking, Housing and Urban Affairs Committee, and Sen. Elizabeth Warren, a Democrat from Massachusetts and ranking member of the Senate Banking, Housing and Urban Affairs Committee, during her confirmation hearing on Thursday, June 25, 2026 in Washington, DC, USA.

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“The Fed’s dual mandate is really important: price stability employment, and I think we also need to dig into the AI ​​debate in South Carolina,” Scott said. “The real question we need to ask is how do we make sure that these data centers pay for themselves in terms of electricity and water usage?”

Scott noted that some parties in South Carolina want to ban data centers that support artificial intelligence. Data center moratoriums are proliferating across the country as voters fear rising utility bills.

“When you zoom out, the most important question is who will win the future? China or America? It will be artificial intelligence that sews the needle,” he said. “I want to make sure we’re on the right side of history, and frankly, we have to solve the problems at home so we can win this as a country.”

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