Who Is To Blame? Team Trump Turns On Each Other Over Nvidia 'Spy' Scandal

US Treasury Secretary Scott Bessent has blamed the Commerce Department for failing to blacklist a Singapore-based company accused of helping Chinese firms get access to restricted Nvidia chips.Megaspeed is at the centre of a growing scandal that has also engulfed Nvidia CEO Jensen Huang, who resigned on Thursday after admitting to an extramarital affair with a woman linked to the company.Speaking to CNBC on Friday, Bessent said several US government departments had supported adding Megaspeed to Washington's trade blacklist for months.

However, the decision had not been carried out.He said the Treasury Department, Pentagon, US Trade Representative's office and State Department had all backed the move."But Commerce has the pen," Bessent said, pointing to the department led by Howard Lutnick.