Blackrock’s Larry Fink Says a U.S. Data Center Moratorium Would Trigger a Recession

BlackRock CEO Larry Fink warns that a U.S. data center moratorium could trigger a recession as states consider AI infrastructure restrictions and cost concerns. This warning follows a 2025 note from McKinsey Company, which projects that the U.S. will have invested trillions of dollars in data center infrastructure by 2030. Fink suggests that pausing construction of these facilities poses a significant economic risk to the nation during a period of massive capital investment in AI.