Sen. Bernie Sanders (I-Vt.) questioned President Donald Trump’s AI policies, pointing to the Trump family’s wealth and investments linked to data center development and chip manufacturing.

Sanders Questions Trump’s AI Policies and Family Wealth

On Sunday, in a post on X, Sanders wrote, "Trump and his family have made over $2 billion off the presidency, including millions in stocks that directly benefit from AI data center development and chip manufacturing."

He added, "Now Trump is calling AI’s threats a ‘hoax’ and is refusing to rein in Big Tech. I wonder why."

Read Also: Elissa Slotkin Slams Trump Over Alleged Corruption, Rising Costs and $3.5 Billion Family Wealth Gain: 'On Track to Be the Most Successful Corrupt Leader in the World’s History'

Trump Family’s Crypto Profits

In May, Bloomberg reported that Trump family members made roughly $1.55 billion from World Liberty Financial token sales, boosting the family’s wealth by about $660 million after previously undisclosed transactions were accounted for.

Trump family-controlled DT Marks DeFi LLC was entitled to 75% of token sale proceeds.

Sanders and Elizabeth Warren (D-Mass.) criticized the family’s crypto dealings.

Warren said weak legislation "isn’t worth the paper it’s written on," while Sanders alleged the family made roughly $4 billion through activities tied to Trump’s presidency, including more than $3 billion from cryptocurrency ventures.

Trump Defends AI Data Center Expansion

Last week, Trump called data centers "the oil of the next 20–25 years," arguing they would boost local economies through jobs and financial benefits.

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said AI companies received roughly $400 billion in venture financing over six months.

However, concerns over electricity consumption have fueled local opposition, with large data centers potentially using as much power as 100,000 homes.

In July, the White House expanded its voluntary Ratepayer Protection Pledge to prevent data centers from shifting electricity costs onto households.

The administration said the initiative covered about 80% of electricity delivered to U.S. homes and businesses, with spokeswoman Taylor Rogers describing data centers as "engines of growth for local communities."

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Read Also: Trump Says Data Centers Will Lower Your Electric Bill Because He Made Them Build Their Own Power Plants — 'It Was My Idea'

Photo courtesy: Shutterstock