US Interior Secretary Doug Burgum Talks State of the Union, AI Race
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The news doesn't stop on the weekends. Context changes constantly. And now Bloomberg is the place to stay on top of it all. Hi, I'm David Gurra. Join us every Saturday and Sunday for the new Bloomberg This Weekend. I'm Christina Ruffini. We'll bring you the latest headlines, in-depth analysis, and big interviews. All the stories that hit home on your days off. And I'm Lisa Mateo. Watch and listen to Bloomberg This Weekend for thoughtful, enlightening conversations about business, lifestyle, people, and culture. On Saturday mornings, we put the past week's events into context, examining what happened in the markets and the world. Then on Sundays, we speak with journalists, columnists, and key political figures to prepare you for the week ahead.
Join us as soon as you wake up and bring us with you wherever your weekend plans take you. Watch us on Bloomberg Television, listen on Bloomberg Radio, stream the show live on the Bloomberg Business app, or listen to the podcast. That's Bloomberg This Weekend, Saturdays and Sundays starting at 7 a.m. Eastern on February 28th. Make us part of your weekend routine on Bloomberg Television, radio, and wherever you get your podcasts. Bloomberg Audio Studios. Podcasts. Radio. News. Joining us now, as you can see, if you're with us on Bloomberg TV, is the Secretary of the Interior, Doug Burgum. Mr. Secretary, great to have you with us here on Bloomberg TV and radio. I'd like to zero in on the President's speech with you from your vantage point.
Record length and a lot to talk about. What did he propose for the year ahead that's important to your agency?
Well, let's just start at the top line. This is incredibly courageous, forward-looking talk, and celebrating our 250th anniversary as a country, going literally back to our founding. And tonight, who would have known when you're coming to hear the speech, you're going to get an opportunity to be present. for the Medal of Honor being delivered twice. One for heroics from a warrior from World War II and Korea War, who's 100 years old, and then someone who just weeks ago was courageously led the charge as one of our helicopter pilots when they were arresting Maduro. So it spanned the whole 250 years. But again, I would just say two takeaways. Peace around the world, prosperity for Americans, affordability,
affordability, President Trump's policies, turning this country around in the last 12 months.
A lot of focus on energy, as we expected this evening, as he reminded Drill Baby Drill, but also talked about what he would like to see, the ability of the big tech companies, the hyperscalers, having the opportunity to bring in their own power plants to put aside their data centers, essentially off the grid. Is that something that the Interior Department is in the process of unlocking?
Well, absolutely. Through the National Energy Dominance Council that runs out of the White House that President Trump has asked Secretary Chris Wright and I to lead, Secretary of Energy, we're working hard to make sure that we can do this, have this behind-the-meter capability, BYOP, bring your own power, because we need power. This is about energy addition. There is no energy transition. President Trump understands that we've got to have energy abundance. We've got to be able to sell energy to our friends and allies. including those that have been dependent on our adversaries. I mean, if you're getting energy from Iran or Russia and they're funding terrorism or wars, I mean, we can stop wars and stop terrorism by having energy abundance from the U.S., but enough abundance that we can keep prices for energy here at home low, even with the demand increase, so that we can win the AI arms race against China, which part of that race is who can generate the most electricity, because this is the first time in history
You can take a kilowatt of electricity and turn it into intelligence. President Trump understands that. His policy is going to work for both winning the arms race and for keeping electricity affordable for Americans.
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