finance
Trump Urges Immediate Reversal of New York AI Data Center Moratorium
Former President Donald Trump has strongly criticized New York State's executive order banning new cryptocurrency mining facilities that use carbon-based energy sources. This directive, signed by Governor Kathy Hochul on Tuesday, has drawn his demand for an immediate policy change.
8/17/2026, 11:31:12 AM
Former President Donald Trump has called for New York State to promptly reverse its recent policy halting the operation of new energy-intensive cryptocurrency mining centers that rely on fossil fuels. The executive action, enacted by Governor Kathy Hochul on Tuesday, establishes a two-year ban on the approval of such facilities, a move that has sparked significant debate.
According to CNBC Top News, Mr. Trump expressed his disapproval of the moratorium, emphasizing that he views it as detrimental to the state's economic prospects. He publicly stated that New York should retract the ban without delay. This stance aligns with his broader support for technological innovation and economic growth, positioning him against what he perceives as restrictive governmental policies.
The executive order specifically targets