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

Scott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months".

By BBC News

Excerpt shared by Lazyfounder

·Excerpt
Bessent blames Lutnick's Commerce Department for failing to block Megaspeed
Image: Figure caption, How could the Nvidia CEO’s affair threaten US national security?

Figure caption, How could the Nvidia CEO’s affair threaten US national security?

ByRachel Clun

Business ReporterReporting fromNew York

Updated 18 minutes ago

US Treasury Secretary Scott Bessent has blamed the Commerce Department, run by Howard Lutnick, for failing to properly oversee the export of high-spec Nvidia chips, as the fallout from the scandal widens.

Jensen Huang left Nvidia after revelations…

Continue reading on BBC News ↗

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This story was originally published by BBC News. All rights belong to the original publisher.

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