Coverage dated November 11, 2026 to November 13, 2026
Treasury’s Bessent blames Lutnick’s Commerce Department for not restricting Nvidia chips to China
Headline from Anchorage Daily News, on the newest of 3 developments
The split in Trump’s cabinet reflects the widespread fallout from the scandal that has engulfed Nvidia, one of the most valuable publicly-traded companies in the world.
Anchorage Daily News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick over a failure to place Nvidia customer Megaspeed on a list of companies that pose national security concerns, sources familiar told Axios. Why it matters: The Commerce Department oversees the export of sensitive U.S.
By Adam Cancryn, Kevin Liptak, CNN (CNN) — Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick over his department’s reluctance to label Nvidia customer Megaspeed a possible national security threat in a Situation Room confrontation last week that illustrates the tension in…
The letters come hours after Huang resigned his post over at least one extramarital affair and allegations of another. One of those alleged relationships was with an alleged female Chinese spy.
Republicans are turning on Commerce Secretary Howard Lutnick after he stalled a crackdown on companies suspected of diverting Nvidia chips to China. Nvidia CEO Jensen Huang has been at the center of the news cycle after it was revealed he had an affair with a Chinese spy.
President Donald Trump gave a vote of confidence to Commerce Secretary Howard Lutnick, despite reports about his department’s lax efforts to prevent China from obtaining Nvidia Corp.’s advanced artificial intelligence chips.
The White House is standing by Commerce Secretary Howard Lutnick despite a view within the administration that Lutnick delayed action to address concerns over chip smuggling to China. Why it matters: Congress smells blood in the water following bombshell reports that U.S.
Commerce Secretary Howard Lutnick is in the hot seat following reports about his actions involving the American chip giant Nvidia. Lutnick has surpassed both War Secretary Pete Hegseth and Secretary of State Marco Rubio as the prediction markets’ top pick for the next Cabinet Secretary to depart the…
Sen. Jim Banks (R-Ind.) called on Commerce Secretary Howard Lutnick to testify regarding his involvement with former Nvidia CEO Jensen Huang’s relationship with an alleged Chinese spy, accusing Lutnick of using a “loophole.
Commerce Secretary Howard Lutnick is under fire by critics asking whether his ties to Chinese companies friendship with ex-Nvidia CEO Jensen Huang contributed to a lack of oversight over Nvidia AI chip sales.
Fallout from Jensen Huang’s ouster as Nvidia Corp. chief executive officer is reaching deep into Washington, where Commerce Secretary Howard Lutnick has drawn scrutiny over whether his department did enough to keep the company’s prized artificial intelligence chips out of China’s hands.
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 for Industry and Security Jeffrey Kessler should testify before Congress because “they exploited loopholes, and I believe they defied
Sen. Tim Scott (R-SC) called on Commerce Secretary Howard Lutnick and former Nvidia CEO Jensen Huang to testify before the Senate banking committee as a scandal involving the onetime chief executive and a Chinese spy has begun to boil over.
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 Scott Bessent need to testify before Congress, along with former NVIDIA CEO Jensen Huang and said that
Senate Banking Committee Chairman Tim Scott has asked Commerce Secretary Howard Lutnick and former Nvidia chief Jensen Huang to testify, as House Republicans demand closed-door interviews amid national security concerns.
Jensen Huang built Nvidia into the most valuable company on Earth, then got caught sleeping with a suspected Chinese spy. While cable news chased the affair, a bigger scandal was brewing
by Rich Mitchell at CDN - Some of President Trump’s top advisers are blaming Commerce Secretary Howard Lutnick for the Nvidia fallout, and White House officials are reportedly discussing whether he should go.