Ohio Democrat Senate nominee Sherrod Brown has made criticism of data centers a central issue in his campaign against Sen. Jon Husted (R-OH), while Brown’s August 2026 personal financial disclosure shows that his wife, Connie Schultz, holds between $265,002 and $550,000 in two mutual funds with indirect exposure to Amazon, Microsoft, Nvidia, Meta, and Google’s parent company, Alphabet, five technology companies involved in major data center projects across Ohio.
Brown, who is challenging Husted in Ohio’s U.S. Senate race, has repeatedly criticized the Republican for his role in bringing data centers to the state, raising concerns about their potential impact on electricity costs, water consumption, and farmland, as well as the tax incentives used to attract them.
However, Brown’s August 2026 Personal Financial Disclosure, provided to Breitbart News, reveals that his wife, Connie Schultz, a Pulitzer Prize-winning journalist and author, holds investments in two mutual funds with indirect exposure to technology companies expanding their data center operations in Ohio.
According to the disclosure, Schultz holds between $250,001 and $500,000 in the Invesco Select Risk: Growth Investor Fund Class A (AADAX), a multi-asset mutual fund designed to pursue long-term capital growth while targeting a higher level of risk than the broader stock market.
The fund’s four largest underlying holdings, which account for 48.95 percent of its assets, are the Invesco S&P 500 Revenue ETF (RWL), Invesco Russell 1000 Dynamic Multifactor ETF (OMFL), Invesco Global R6 (OGLIX), and Invesco NASDAQ 100 ETF (QQQM).
RWL represents 15.73 percent of AADAX’s assets, while OMFL accounts for 12.01 percent, OGLIX for 11.82 percent, and QQQM for 9.39 percent.
The four underlying funds have varying levels of exposure to Amazon, Microsoft, Nvidia, Meta, and Google’s parent company, Alphabet, with the five companies accounting for 10.56 percent of RWL’s holdings, 20.41 percent of OMFL’s holdings, 25.88 percent of OGLIX’s holdings, and 28.9 percent of QQQM’s holdings, according to fund holdings reported as of July 31 and September 17, 2026.
Brown’s disclosure also identifies between $15,001 and $50,000 held by Schultz in the Nuveen Lifecycle Index 2020 R6 (TLWIX), another mutual fund.
Approximately 28.66 percent of TLWIX is invested in the Nuveen Equity Index W (TEQWX), which has approximately 21.59 percent of its holdings in Amazon, Microsoft, Nvidia, Meta, and Alphabet.
On September 13, Brown wrote on X, “Jon Husted gave out billions of dollars in sweetheart tax cuts to bring data centers to Ohio – Ohioans won’t stand for it.”
Earlier, on September 4, Brown wrote, “Jon Husted led the charge to force data centers on Ohio, and we’re all paying the price.”
On September 2, Brown wrote on X, “Ohioans are sounding the alarm about data centers and I’m listening.”
“They don’t want to see our utility bills spike, our water sucked up, or our farm land devoured,” he continued.
“You deserve a senator who will fight to defend our communities and protect our resources and that’s what I’m going to do.”
On July 28, Brown posted a campaign video depicting Husted as the face of data centers.
“Jon Husted gave out-of-control tax breaks to data centers and Ohioans are paying the price,” Brown wrote in the accompanying post.
The campaign attacks come as the technology companies represented in Schultz’s mutual fund investments continue expanding their data center operations and infrastructure investments across Ohio.
Amazon is expected to invest more than $23 billion in Ohio data center expansion by 2030.
An April 2025 analysis by the Cincinnati Enquirer, using information from Data Center Map, found that Amazon Web Services had 56 planned or operational data centers across Ohio, more than any other technology company in the state.
Amazon previously announced a $10 billion investment in Ohio infrastructure, saying the expansion would support employment opportunities in the construction and operation of data centers and related industries.
The company identified positions including engineering operations managers and security specialists, while also pointing to jobs supported in telecommunications, facilities maintenance, and electricity generation.
Microsoft has also continued investing in Ohio’s data center industry, including projects in Licking County.
According to Microsoft’s June 2026 economic-impact report, the company has three campuses consisting of three data centers that are expected to be operational by the end of 2029.
The report listed $55 million in economic activity, 450 local jobs supported, and $40 million in labor income associated with construction since 2024.
Microsoft also reported investing $1.4 million in community initiatives since 2024.
Looking ahead, Microsoft projected approximately 350 construction roles annually and 2.2 million work hours associated with its data center projects. Once operational, each data center facility is expected to employ approximately 50 workers annually.
Microsoft further stated that property tax revenue from its first data center building at each campus is expected to place the company among Licking County’s ten largest property taxpayers.
Nvidia, another company represented in Schultz’s mutual fund holdings, announced an investment in an Ohio data center project in August 2026.
The semiconductor company said it would invest $1.5 billion in SB Energy, which is developing the PORTS-Pike Technology Campus in Pike County, Ohio.
Under the arrangement, SB Energy will build, own, and operate the data center under a 20-year lease to OpenAI, with the facility designed to host Nvidia computing infrastructure.
Separately, Reuters reported on August 17 that Nvidia would provide a guarantee of up to $105 billion for OpenAI’s Ohio data center.
Meta, the parent company of Facebook, has also invested in several data center projects across Ohio, including facilities in New Albany and Bowling Green.
Its New Albany campus consists of five data centers spanning approximately 2.5 million square feet.
In February 2026, Meta announced a multiyear agreement with Corning worth up to $6 billion to supply fiber-optic cables for its data centers, including its New Albany operations.
Meta’s Bowling Green data center represents an investment of more than $800 million and is expected to support approximately 100 operational jobs once completed, along with 1,000 skilled trades workers during peak construction.
According to a Meta project overview, the company worked with FirstEnergy and Williams to plan for the facility’s energy needs and ensure it would pay the full cost of the electricity used by the data center so consumers would not be negatively affected. Meta said it would also pay the full cost of water and wastewater services and support additional renewable-energy projects to match its electricity consumption with 100 percent clean and renewable energy.
Google, whose parent company Alphabet is also represented in Schultz’s mutual fund holdings, began constructing its New Albany data center facility in 2019.
Since breaking ground on the facility, Google reports having invested more than $20 billion across Ohio. The company also reported more than $16 million in philanthropic contributions to Ohio organizations and nonprofits and more than 16,000 volunteer hours contributed by its employees since 2006.
Former Rep. Tim Ryan (D-OH) discussed Brown’s campaign strategy during an October 13 appearance on NewsNation’s Elizabeth Vargas Reports, saying Brown “pinned Jon Husted on that data center issue very early in this campaign” and that it had been “hard for Jon to get out of that.” Ryan said Husted, as lieutenant governor, oversaw economic development in Ohio and helped bring data centers to the state through tax credits and other incentives. Ryan also acknowledged the projects’ economic benefits, calling data centers “a great source of jobs” and noting that construction workers “really want to build them.”