Bessent Blames Lutnick as Megaspeed Loophole Lets Nvidia Chips Reach China
For companies building AI infrastructure, the public clash between Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick isn’t Washington theater — it’s a signal that the export control regime meant to keep advanced chips from China has a single point of failure: the Commerce Secretary’s discretion. On Nov. 13, Bessent went on CNBC and ...












