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Bessent criticizes Commerce Department over Nvidia export control delays

Crypto Briefing ·

Internal discord over export controls may lead to leadership changes and policy shifts, impacting U.S. tech trade and geopolitical dynamics.

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First reported by Techmeme at · 7 outlets in all

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  1. Crypto BriefingBessent criticizes Commerce Department over Nvidia export control delaysInternal discord over export controls may lead to leadership changes and policy shifts, impacting U.S. tech trade and geopolitical dynamics.
  2. PBS NewsHourBessent blames Lutnick's Commerce Department for not restricting Nvidia chips to ChinaCommerce Secretary Howard Lutnick has come under increasing scrutiny because of his reportedly close relationship with Jensen Huang.
  3. APBessent blames Lutnick’s Commerce Department for not restricting Nvidia chips to China
  4. NY PostTreasury 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.
  5. CNNBessent points finger at Commerce Department in Nvidia scandal as Trump advisers discuss possible Lutnick ouster
  6. GuardianBessent blames Lutnick’s commerce department over delay blacklisting China-linked data firm – 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.
  7. TechmemeA profile of interim Nvidia CEO Colette Kress, who joined in 2013 after working at Cisco and Microsoft; as CFO, Kress criticized US export controls on China (Adam Satariano/New York Times)