Republican Senator Hawley is circulating a bill around Congress that would ensure the costs of data centres' energy use is not passed onto consumers, Axios reports citing a bill summary

Republican Senator Hawley is circulating a bill around Congress that would ensure the costs of data centres' energy use is not passed onto consumers, Axios reports citing a bill summary.

The circulation of Senator Hawley's bill indicates a potential shift in how energy expenses associated with data centers are managed, aiming to protect consumers from rising costs. This development could set a precedent for energy regulation in the tech sector, impacting operational costs for companies involved in data services. Market participants should watch for broader momentum in similar legislative efforts that could affect tech sector valuations and operational dynamics.