President Trump advocates for a Federal Reserve interest rate decrease while unveiling a significant investment plan in AI and energy, including a major infrastructure initiative by Blackstone.
President Trump is set to announce a $70 billion investment plan in AI and energy in Pennsylvania, focusing on data centers, power expansion, and AI training programs. The event, hosted by Senator McCormick, will feature industry leaders, including Blackstone's president, who will reveal a $25 billion infrastructure project expected to create approximately 6,000 construction jobs and 3,000 permanent positions. Trump also called for the Federal Reserve to lower interest rates to below 1%.