Bessent, Congress zero in on Lutnick’s role in Nvidia-Megaspeed scandal
A news article reports Commerce Secretary Howard Lutnick facing heat from Treasury Secretary Scott Bessent and Congress over his handling of AI chip export controls in the Nvidia-Megaspeed scandal, and says Lutnick has agreed to testify before the Senate Banking Committee on Dec. 10. The scandal drove Nvidia founder Jensen Huang's resignation, and analysts weigh whether Lutnick could take the fall.
