Capitalism Institute·55 min ago·Friday, November 13, 2026, 2:49 PM

Bessent blames Lutnick’s Commerce Department for stalled action on Nvidia China chip case

Treasury Secretary Scott Bessent publicly blamed Commerce and Howard Lutnick for months of delay as a Singapore firm was accused of diverting Nvidia AI chips to China. On CNBC’s “Squawk Box” Friday morning, Bessent did not mince words about who controlled the decision and who failed to move. The Singapore-based Nvidia customer Megaspeed faces accusations

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