Bessent blames Lutnicks Commerce Department for not restricting Nvidia chip exports
WASHINGTON (AP) — Treasury Secretary Scott Bessent said Friday he was frustrated with the Commerce Department’s delay in placing restrictions on Nvidia chip exports to a company led by an alleged Chinese spy. Bessent said on CNBC that his department, along with the departments of State and Defense and the U. S. Trade Representative, were in favor of adding Singapore-based Megaspeed International to an export control list for months but that the Commerce Department was in charge of the has...
Read MoreFri, 13 Nov 2026
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