Luke Vargas

Far from it, with this report highlighting that there are actually a bunch of data centers soon to be coming online that could potentially fuel more growth.

Talk us through this.

John, with all of this build out underway, is there a risk of overcapacity here?

It sounds like based on your report, another potential risk here is local pushback, resistance in various communities to new and existing projects, which would then in turn trigger regulation.

And this could stem from anything from the amount of power these facilities are drawing to something else that Moody's Ratings has been highlighting lately, water usage.

You mentioned big tech companies should be able to find a use for these data centers, and most of them also have quite robust balance sheets.

So is the credit risk then here primarily among the developers or financiers of these projects, especially with more of them being backed by debt?

John Medina is Senior Vice President of Moody's Ratings Global Project and Infrastructure Finance Group.

John, thank you so much for being with us on What's News.

And that's it for What's News for this Tuesday morning.

Today's show was produced by Hattie Moyer and Daniel Bach.

Our supervising producer was Sandra Kilhoff.

And I'm Luke Vargas for The Wall Street Journal.

We will be back tonight with a new show.

Until then, thanks for listening.

The Justice Department threatens Fed Chair Jerome Powell with a criminal indictment in what he calls an attack on the central bank's independence.

Plus, President Trump molds intervention in Iran as protest deaths rise.

And the latest from Minnesota, as more federal agents head to the state.

It's Monday, January 12th.

I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today.