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Washington, D.C.: Treasury Secretary Scott Bessent is publicly blaming Commerce Secretary Howard Lutnick’s department over Nvidia chips reaching China. On CNBC’s “Squawk Box” on Friday, Nov 13, Bessent said Treasury, War, USTR and State “were in favor of putting Megaspeed on the entity list for months. But Commerce has the pen.” Singapore-based Megaspeed is at the center of the scandal that ended Jensen Huang’s run as Nvidia CEO on Thursday, after The New York Times reported his affair with a former Megaspeed executive whom U.S. intelligence reportedly suspects of spying for China; Beijing denies it. Commerce had reportedly investigated Megaspeed over suspected smuggling of Nvidia chips. Bessent also asked whether Nvidia “knew their client.” Commerce calls reports of a Bessent-Lutnick clash “false” and says Lutnick agreed to appear before the Senate Banking Committee. The spying and smuggling allegations are unproven, and President Trump has so far stood by Lutnick. Sources: CNBC, AP, BBC, Politico, Axios, NBC News. Presenter is AI-generated. Footage is real. Subscribe: youtube.com/@unwantedtruthofficial
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