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Sen. Tim Scott to Grill Fed on Data Centers and AI

The Fed's Data Center Dilemma: A Warning Sign for American Competitiveness The Senate Banking Committee has long been a hotbed of debate on monetary policy, but recent years have brought new complexities.

The rise of data centers and artificial intelligence (AI) has introduced issues that threaten to undermine the country's economic competitiveness.

Federal Reserve Chairman Kevin Warsh will testify before Senator Tim Scott's committee on Wednesday as part of his semiannual monetary policy report.

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