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Scoop: Inside Bessent's Situation Room confrontation with Lutnick over China chip security
Axios ·
Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick over a failure to place Nvidia customer Megaspeed on a list of companies that pose national security concerns, sources familiar told Axios. Why it matters: The Commerce Department oversees the export of sensitive U.S. technologies and Lutnick's actions — or lack thereof — are increasingly under scrutiny following revelations that Nvidia CEO Jensen Huang had an affair with Megaspeed employee and suspected Chinese spy Alice Huang. Driving the news: At a White House Situation Room meeting on Thursday after the midterm…
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- AxiosScoop: Inside Bessent's Situation Room confrontation with Lutnick over China chip securityTreasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick over a failure to place Nvidia customer Megaspeed on a list of companies that pose national security concerns, sources familiar told Axios. Why it matters: The Commerce Department oversees the export of sensitive U.S. technologies and Lutnick's actions — or lack thereof — are increasingly under scrutiny following revelations that Nvidia CEO Jensen Huang had an affair with Megaspeed employee and suspected Chinese spy Alice Huang. Driving the news: At a White House Situation Room meeting on Thursday after the midterm…