Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick in the White House Situation Room over his department's failure to blacklist an Nvidia customer accused of diverting advanced American chips to China, according to a new report.
The exchange centered on Megaspeed, a company that national security officials have pushed Commerce to place on its Entity List. The reported confrontation illustrates divisions inside President Donald Trump's administration over restricting China's access to sensitive technology while managing trade relations with Beijing.
