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Bessent blames Commerce Department in Nvidia scandal | CNN Politics

CNN International •
November 13, 2026 • 12:00 PM
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Treasury Secretary Scott Bessent on Friday accused the Commerce Department of a delay in labeling Nvidia customer Megaspeed a possible national security threat, publicly airing an ongoing administration blame game following the ouster of Nvidia CEO Jensen Huang. CNN’s Kevin Liptak reports.

Bessent blames Commerce Department in Nvidia scandal | CNN Politics

Treasury Secretary Scott Bessent on Friday accused the Commerce Department of a delay in labeling Nvidia customer Megaspeed a possible national security threat, publicly airing an ongoing administration blame game following the ouster of Nvidia CEO Jensen Huang. CNN’s Kevin Liptak reports.

Treasury Secretary Scott Bessent on Friday accused the Commerce Department of a delay in labeling Nvidia customer Megaspeed a possible national security threat, publicly airing an ongoing administration blame game following the ouster of Nvidia CEO Jensen Huang. CNN’s Kevin Liptak reports.

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Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
BBC News
11h ago
Bessent blames Lutnick's department for not banning Nvidia chip sales to China-linked firm

Bessent blames Lutnick's department for not banning Nvidia chip sales to China-linked firm

Scott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months".

#bessent #nvidia #scott
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The Next Web (TNW)
9h ago
Bessent says anyone at Nvidia should answer for chips reaching China

Bessent says anyone at Nvidia should answer for chips reaching China

“Did Nvidia know their client?” Bessent asks, saying anyone at the company should be held accountable for chips leaking to China.

#bessent #nvidia #scott
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CNBC World
15h ago
Nvidia scandal draws in Commerce Secretary Lutnick, who reportedly agrees to testify about China chip sales

Nvidia scandal draws in Commerce Secretary Lutnick, who reportedly agrees to testify about China chip sales

Commerce Secretary Lutnick will testify before the Senate Banking Committee following revelations about Jensen Huang's affair with an alleged Chinese spy.

#nvidia #commerce #scandal
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Al Jazeera English
9h ago
US Treasury warns against rate hikes during US-Iran war energy ‘shock’

US Treasury warns against rate hikes during US-Iran war energy ‘shock’

Despite Treasury's Scott Bessent's remarks, financial tracker CME Fed Watch forecasts rate hike in December likely.

#bessent #treasury #scott
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The Guardian
6h ago
Why the Nvidia scandal is far from over - The Latest

Why the Nvidia scandal is far from over - The Latest

Jensen Huang’s resignation from the AI chipmaker Nvidia has sent shockwaves through the global economy. The fallout is not over yet, with criticism mounting over the apparent lack of action from the US commerce secretary. Lucy Hough speaks to the Guardian’s global technology reporter, Aisha Down

#nvidia #scandal
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The Age
21h ago
Billions lost, affairs and a Trump bromance: 10 things you need to know about the Nvidia scandal

Billions lost, affairs and a Trump bromance: 10 things you need to know about the Nvidia scandal

Here is everything you need to know about Jensen Huang’s spectacular fall from grace.

#nvidia #scandal
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