Bessent confronts Lutnick over China chip security lapse in Situation Room

Treasury Secretary Bessent confronted Commerce Secretary Lutnick over the failure to add Nvidia customer Megaspeed to a national security concern list, amid scrutiny of Lutnick's oversight of sensitive tech exports. The confrontation, occurring at a White House Situation Room meeting, signals internal administration friction over China chip policy and follows revelations of an affair between Nvidia's CEO and a suspected Chinese spy. The incident underscores potential vulnerabilities in export controls and raises questions about the effectiveness of interagency enforcement.

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