Former FDIC Chair Sheila Bair, who helped oversee the U.S. banking system during the 2008 financial crisis, is concerned about new signs of financial overenthusiasm. Instead of mortgage lending that was behind that crisis, this time she's concerned investors could get carried away with artificial intelligence and data centers.
Former FDIC chair Sheila Bair says AI investment boom looks ‘bubbly’
She questions whether data center buildout can justify spending
By Dani Romero
CoStar News September 14, 2026 | 6:28 P.M.
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IN THIS ARTICLE
- Contacts
- Sheila Bair
Chairman, Federal Deposit Insurance Corporation