# Bessent says Commerce Department stalled Megaspeed blacklist despite backing from four agencies

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6 outlets covering · First listed: Crypto Briefing, Nov 13, 2026, 12:34 PM · Read it: <https://cryptobriefing.com/bessent-commerce-megaspeed-blacklist-delay/>

The delay in blacklisting Megaspeed highlights potential vulnerabilities in U.S. tech export controls, impacting national security and policy enforcement.

## Who's covering it

In the order they published:

- 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, 9:25 AM: [Bessent: Treasury pushed to blacklist Megaspeed, but ‘Commerce has the pen’](<https://thehill.com/homenews/administration/6218454-bessent-lutnick-megaspeed-dispute/>) — The Hill (Newspaper, United States, rated Center)
  Treasury Secretary Scott Bessent is pointing the finger at Commerce Secretary Howard Lutnick over the Trump administration’s failure to place Nvidia customer Megaspeed on a U.S. trade blacklist for national security concerns. When pressed Friday over who was behind the decision, Bessent told CNBC, “Treasury, War, USTR \[U.S. Trade Representative\] and State … were in…
- Nov 13, 2026, 10:01 AM: [Bessent says Treasury wanted to put Megaspeed on entity blacklist for months, but Commerce Department ‘has the pen’](<https://www.washingtonexaminer.com/news/business/4802617/scott-bessent-treasury-wanted-megaspeed-entity-blacklist/>) — Washington Examiner (Magazine, United States, rated Lean right)
  Treasury Secretary Scott Bessent directly blamed the Commerce Department for delaying the broader administration’s intent to place Nvidia customer Megaspeed on a special blacklist of companies that could pose a national security threat. In a CNBC interview Friday morning, Bessent said the U.S. Trade Representative and the Treasury, War, and State departments were “in favor
- Nov 13, 2026, 10:19 AM: [Bessent Faults Commerce Dept. for Failing to Blacklist Megaspeed](<https://www.nytimes.com/2026/11/13/business/economy/bessent-commerce-megaspeed-lutnick.html>) — New York Times (Newspaper, United States, rated Lean left)
  The Treasury secretary blamed the department for not sanctioning the Singaporean firm and said that Nvidia employees should be held accountable if they sidestepped the law.
- Nov 13, 2026, 11:02 AM: [Scott Bessent blames the Commerce Department for not cracking down on Megaspeed](<https://www.businessinsider.com/scott-bessent-howard-lutnick-nvidia-megaspeed-entity-list-2026-11>) — Business Insider (Digital news, United States, rated Lean left)
  "Commerce has the pen," Treasury Secretary Scott Bessent said. "You all will have to ask them about their internal processes."
- Nov 13, 2026, 12:34 PM: [Bessent says Commerce Department stalled Megaspeed blacklist despite backing from four agencies](<https://cryptobriefing.com/bessent-commerce-megaspeed-blacklist-delay/>) — Crypto Briefing (Specialist)
  The delay in blacklisting Megaspeed highlights potential vulnerabilities in U.S. tech export controls, impacting national security and policy enforcement.