Bessent blames Lutnick's Commerce Department for failing to block Megaspeed

First reported by Guardian at Fri 5:09 AM · 8 outlets in all

1. BBC48mBessent blames Lutnick's Commerce Department for failing to block MegaspeedScott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months".
2. Yahoo News57mBessent says Treasury favored limits on Megaspeed and places blame on CommerceTreasury Secretary Secretary Scott Bessent, picutred left alongside Secretary of State Marco Rubio, when Chinese President Xi Jinping visited the White House on September 24, 2026 (Brendan SMIALOWSKI)US Treasury Secretary Scott Bessent on Friday blamed the Commerce Department for failing to blacklist Megaspeed, the Singapore company at the center of a scandal that prompted Nvidia chief executive Jensen Huang to resign.Speaking on CNBC, Bessent said Treasury, the Defense Department, the US Trade Representative's office and the State Department had backed adding Megaspeed to the Washington's…
3. NY Post58mTreasury Secretary Scott Bessent points finger at Howard Lutnick, Commerce Department over Nvidia chip scandalTreasury Secretary Scott Bessent blamed the Commerce Department for the Trump administration not acting sooner against a Nvidia customer accused of illegally diverting sensitive AI chips to China.
4. Techmeme1hScott Bessent says the departments of Treasury, Defense, State were in favor of putting Megaspeed on the entity list for months, but Commerce is in charge (CNBC)
5. Axios1hBessent puts Megaspeed heat on Lutnick: "Commerce has the pen"
6. CNN1hBessent points finger at Commerce Department in Nvidia scandal as Trump advisers discuss possible Lutnick ouster
7. Financial Times(subscription required)2hBessent blames Lutnick’s commerce department for failure to blacklist MegaspeedSalvo from US Treasury secretary risks stoking tensions within Trump administration over Nvidia scandal
8. Guardian4hScott Bessent blames commerce department over delay blacklisting China-linked data company – US politics liveTreasury 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 emailIn other tech-related news, the Microsoft outage is still going. The longest in the company’s history. My colleagues are covering the latest and how it’s affecting millions and pretty much every industry …As I noted earlier, the calls for Howard Lutnick to appear before lawmakers on Capitol Hill have been answered.