# Bessent puts Megaspeed heat on Lutnick: "Commerce has the pen"

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3 outlets covering · First listed: Axios, Nov 13, 2026, 8:18 AM · Read it: <https://www.axios.com/2026/11/13/bessent-lutnick-megaspeed-nvidia>

## Who's covering it

In the order they published:

- Nov 13, 2026, 5:09 AM: [Scott Bessent says attempt to put Megaspeed on trade blacklist stalled ‘because commerce has the pen’ – US politics live](<https://www.theguardian.com/us-news/live/2026/nov/13/us-politics-latest-news-updates-democrats-republicans-donald-trump-van-hollen-chuck-schumer>) — Guardian (Newspaper, United Kingdom, rated Lean left)
  Treasury secretary says he was in favor ‘for months’ of putting Megaspeed on blacklist to stop Nvidia exporting advanced chips to BeijingSign up for the Breaking News US emailAs I noted earlier, the calls for Howard Lutnick to appear before lawmakers on Capitol Hill have been answered.According to several reports, the commerce secretary has “proactively agreed to appear voluntarily” before the Senate banking committee on 10 December to discuss his relationship with former Nvidia CEO Jensen Huang, and any delay in preventing Megaspeed from buying considerable sums of Nvidia’s advanced chips.
- Nov 13, 2026, 7:51 AM: [Bessent blames Lutnick’s commerce department for failure to blacklist Megaspeed](<https://www.ft.com/content/ce6d292e-eaaa-4c23-b909-34276e1a1e8d?syn-25a6b1a6=1>) — Financial Times (Newspaper, United Kingdom, rated Center)
  Salvo from US Treasury secretary risks stoking tensions within Trump administration over Nvidia scandal
- Nov 13, 2026, 8:18 AM: [Bessent puts Megaspeed heat on Lutnick: "Commerce has the pen"](<https://www.axios.com/2026/11/13/bessent-lutnick-megaspeed-nvidia>) — Axios (Digital news, United States, rated Center)
