Bessent blames Lutnick’s commerce department over delay blacklisting China-linked data firm – US politics live

U.S. Treasury Secretary Scott Bessent blamed Commerce Secretary Howard Lutnick on Nov. 13 for delays in blacklisting Megaspeed, a Singapore-based firm and major Nvidia customer under investigation for allegedly diverting advanced AI chips to China. Bessent told CNBC that multiple government agencies had supported placing Megaspeed on the U.S. Entity List for months, but the Commerce Department had authority over the final decision. The dispute has exposed internal divisions within the Trump administration over restricting China's access to advanced semiconductors.