{
  "id": 19819127,
  "title": "Bessent puts Megaspeed heat on Lutnick: \"Commerce has the pen\"",
  "url": "https://urgent.news/2026/11/13/bessent-puts-megaspeed-heat-on-lutnick-commerce-has-the-pen",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-13T14:18:45.000Z",
  "source": {
    "name": "Axios",
    "slug": "axios",
    "url": "https://www.axios.com/2026/11/13/bessent-lutnick-megaspeed-nvidia"
  },
  "original_language": "en",
  "account": "Treasury Secretary Scott Bessent stated that his department and others concur in placing Megaspeed on a special list of entities posing national security risks, but Commerce Secretary Howard Lutnick holds the final say. Bessent's comments come after Bessent appeared on CNBC, addressing the potential tension between him and Lutnick. The Singapore-based technology firm Megaspeed is accused of illicitly transferring U.S. chips to China, with former Nvidia CEO Jensen Huang reportedly having an affair with an executive from the company. The unidentified woman, Alice Huang, has been identified as a suspected Chinese intelligence asset. The Treasury, War, USTR, and State departments have been advocating for Megaspeed's listing for months, but Bessent emphasized the importance of understanding Commerce's internal procedures.",
  "summary": "Treasury Secretary Scott Bessent said in a Friday interview that while his department and others agreed on placing Megaspeed on a special list of companies that pose national security concerns, the Commerce Department \"has the pen.\" Why it matters: Bessent didn't deny reports of tension between him and Commerce Secretary Howard Lutnick , who has come under scrutiny for his inaction over…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}