SAN FRANCISCO, Nov.13 (V7N) – US Treasury Secretary Scott Bessent on Friday blamed the Commerce Department for failing to blacklist Megaspeed, the Singapore-based company at the centre of a scandal involving Nvidia chief executive Jensen Huang.
Speaking on CNBC, Bessent said the Treasury, the Defense Department, the US Trade Representative’s office and the State Department had backed adding Megaspeed to Washington’s trade blacklist “for months.”
“But Commerce has the pen,” Bessent said. “You will have to ask them about their internal processes.”
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