Scoop: Inside Bessent's Situation Room confrontation with Lutnick over China chip security
Axios' Maria Curi and Marcup Caputo report that, per sources, Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick in the Situation Room over Commerce's failure to list Nvidia customer Megaspeed as a national security concern, and that revelations show Nvidia CEO Jensen Huang had an affair with alleged Chinese spy Alice Huang. The Commerce Department oversees sensitive U.S. technology exports, and Lutnick's actions are increasingly under scrutiny.
