Bessent Faults Commerce Dept. for Failing to Blacklist Megaspeed

New York Times - Nov 13, 2026

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.

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Howard Lutnick Took Softer Line on Nvidia as Calls for Tougher Controls Grew

Critics say Howard Lutnick, the commerce secretary, and his department have shielded Nvidia as concerns have grown over A.I. chip sales to firms like Megaspeed.