Permitting reform and hyperscaler capex pair because the White House pledge has effectively substituted for federal permitting. Post 068 confirms the substitution: with SPEED Act dead, hyperscaler capex flows entirely through state-level mechanisms and the executive-action pledge framework.
As of late May the SPEED Act remains stalled in the Senate without draft language. Senate Environment and Public Works Chair Capito and Ranking Member Whitehouse signal continued interest in a bipartisan package, but the negotiators have made clear they are not necessarily pursuing the House text - and may not finalize before the 2026 midterm window closes.
The AI power buildout has moved from forecast to order book. The richest companies in the world are prepared to spend almost without limit. They have discovered that money cannot manufacture time.
Permitting reform and hyperscaler capex pair because the White House pledge has effectively substituted for federal permitting. Post 068 confirms the substitution: with SPEED Act dead, hyperscaler capex flows entirely through state-level mechanisms and the executive-action pledge framework.
As of late May the SPEED Act remains stalled in the Senate without draft language. Senate Environment and Public Works Chair Capito and Ranking Member Whitehouse signal continued interest in a bipartisan package, but the negotiators have made clear they are not necessarily pursuing the House text - and may not finalize before the 2026 midterm window closes.
The AI power buildout has moved from forecast to order book. The richest companies in the world are prepared to spend almost without limit. They have discovered that money cannot manufacture time.