Bessent Blames Commerce For Not Imposing Megaspeed Restrictions After 'Months' Of Requests: 'Commerce Has The Pen'
HuffPost reports that Nvidia's then-CEO Jensen Huang admitted to an affair with Megaspeed executive Alice Huang, whom the US has accused of spying for China, and stepped down days later amid reports of a second affair. Treasury Secretary Scott Bessent blames the Commerce Department for not restricting Megaspeed after months of requests across four agencies, saying "Commerce has the pen," while the White House says President Trump maintains confidence in Commerce Secretary Howard Lutnick, whose job Reuters reports is at risk.
