Treasury Secretary Scott Bessent says he was frustrated with the Commerce Department’s delay in implementing controls over the export of certain Nvidia chips to China.

WASHINGTON: United States House Speaker Mike Johnson said on Thursday (Nov 12) there was growing consensus in Congress on limiting chip exports to China after a spy scandal forced out Nvidia CEO Jensen Huang.Huang step

WASHINGTON: United States House Speaker Mike Johnson said on Thursday (Nov 12) there was growing consensus in Congress on limiting chip exports to China after a spy scandal forced out Nvidia CEO Jensen Huang.Huang step

US Treasury Secretary Scott Bessent on Friday blamed the Commerce Department for failing to blacklist Megaspeed, the Singapore company at the center of a scandal that prompted Nvidia chief executive J...

On Thursday's broadcast of CNN's "The Arena," Sen. John Kennedy (R-LA) stated that Secretary of Commerce Howard Lutnick and Secretary of the Treasury | Clips

White House weighs Howard Lutnick’s future amid Nvidia export concerns and scrutiny over US chip sales to China. Read more at straitstimes.com.

Scott Bessent said on Friday that the Treasury Department, Pentagon, US Trade Representative's office and State Department had supported putting Megaspeed on Washington's trade blacklist "for months". But despite that backing, the decision was never made.

On Thursday's broadcast of the Fox Business Network's "Kudlow," Sen. Jim Banks (R-IN) stated that Commerce Secretary Howard Lutnick and Under Secretary | Clips