Bessent Reportedly Confronted Lutnick Over Nvidia Customer in Situation Room Clash

Source: International Business Times

Treasury Secretary Scott Bessent reportedly questioned Commerce Secretary Howard Lutnick over the department’s failure to blacklist Megaspeed, amid allegations that Nvidia chips were diverted to China. Kevin Dietsch/Getty Images Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick in the White House Situation Room over his department's failure to blacklist an Nvidia customer accused of diverting advanced American chips to China, according to a new report. The exchange centered on Megaspeed, a company that national security officials have pushed Commerce to place on its Entity List.