Business · 1 day ago
Trump's Treasury Chief Bessent Blames Lutnick Over Nvidia Spy Scandal
US Department of the Treasury and The White House, public domain, via Wikimedia Commons
US Treasury Secretary Scott Bessent has blamed Commerce Secretary Howard Lutnick's department for failing to block Nvidia chip sales to Megaspeed, employer of the alleged spy at the centre of Jensen Huang's affair scandal. Bessent told CNBC several agencies wanted Megaspeed on a trade blacklist for months, but Commerce "has the pen". Lutnick has been summoned to testify before the Senate Banking Committee in December.
Reported by BBC News · How we write briefs