BlackRock CEO Larry Fink Warns Halting AI Data Center Buildout Could Trigger U.S. Recession

BlackRock ($BLK) CEO Larry Fink warned that halting the ongoing construction of artificial intelligence data centers could push the U.S. economy into a recession, emphasizing the critical role infrastructure spending plays in sustaining domestic growth.
Fink stated that unlocking private capital is essential to achieving a 3% expansion rate for the U.S. economy. He noted that private investment will need to carry a larger burden as escalating federal debt and government borrowing increasingly strain public finances and available funding channels.