Chris Van Hollen’s “Power for the People Act” Targets Big Tech—But Risks Higher Costs and Federal Overreach
Senator Chris Van Hollen’s Power for the People Act aims to address rising electricity costs by targeting big tech data centers. Critics argue it misdiagnoses the cause of increased utility prices, penalizes private investment, expands federal power, overlooks market solutions, and risks future investment, advocating instead for market reforms over regulatory burdens.
