Bessent Says Lutnick Failed to Stop China From Getting Chips
9 Articles
9 Articles
Nvidia Scandal: U.S. Trade Minister Lutnick Is Under Pressure for His Relationship with Jensen Huang
Minister of Finance Scott Bessent accuses Trade Minister Howard Lutnick of not having prevented exports of the high-performance chips from Nvidia to China. Now the Senate is also investigating the affair.
In the scandal surrounding the resigned Nvidia boss Huang, U.S. Trade Minister Lutnick is now also in criticism.
The secretary of commerce under attack for not having put on the black list Megaspeed. Bessent also downloads it. Huang overwhelmed by scandals:
No Room on the Lifeboat … Admin Sharks Circle Lutnick
The attempt to pin the NVIDIA-Huang spy scandal on Commerce Secretary Howard Lutnick is galloping forward. Earlier today Treasury Scott Bessent went on CNBC and squarely laid the blame on Lutnick for slow-rolling and loosely enforcing export controls on NVIDIA chips. This is no different from the accusations we’ve been hearing about from unnamed sources in numerous reports. But going public and laying blame on CNBC is a whole ‘nother thing. This…
Bessent blames Lutnick's department for Nvidia chip sales to Megaspeed
Pressure grows on Trump's Commerce Secretary Lutnick in fallout from Nvidia scandal US Treasury Secretary Scott Bessent has blamed Howard Lutnick's Commerce Department for failing to properly oversee the export of high-spec AI chips, as the fallout from the Nvidia scandal widens to President…
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