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WH in-town pool report #8/ POTUS on AI

From
David Smith
Sent
Wednesday, March 4, 2026 3:41 PM

POTUS’s ratepayer protection pledge event in the Indian Treaty Room is ongoing. Energy Secretary Chris Wright is sitting to his right, with Mike Johnson next to Wright. Six men in the audience are wearing construction worker helmets.

Introducing an executive from Elon Musk’s xAI, POTUS said: “Say hello to a special person.”

POTUS blamed his predecessor for high inflation, describing the Biden administration as “the worst administration in the history of our country”.

He said: “We inherited a total mess.”

POTUS said the big tech companies are making five major commitments to keep energy prices down. “They’re going to be making their own electricity. They’re not going to be taking from the grid.”

POTUS continued: “Basically we’re building massive amounts of electricity and you’re not paying for it at all… Your electric costs are going to be going down. Unfortunately it’s going to take a little time to get there.”

On a digression, POTUS repeated his claim that the 2020 election was “rigged and stolen”.

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David Smith

Washington bureau chief

Guardian News & Media

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