{
  "id": 19836246,
  "title": "Bessent blames Lutnick's Commerce Department for not restricting Nvidia chips to China",
  "url": "https://urgent.news/2026/11/13/bessent-blames-lutnicks-commerce-department-for-not-restricting-19836246",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-13T17:02:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/world/20261114/bessent-blames-lutnicks-commerce-department-for-not-restricting-nvidia-chips-to-china"
  },
  "original_language": "en",
  "account": "Treasury Secretary Scott Bessent expressed his dissatisfaction with the Commerce Department's slow progress in imposing restrictions on the export of specific Nvidia chips to China. During an appearance on CNBC, Bessent stated that his department, along with State, Defense, and the U.S. Trade Representative, had been advocating for the addition of Megaspeed to an export control list for months. However, Bessent noted that the Commerce Department was ultimately responsible for implementing these controls. \"I am frustrated when President Trump made it very clear China should not receive any Nvidia chips above H100s,\" he said, adding that he would need to inquire about the Commerce Department's internal processes. Bessent's scathing remarks were an unprecedented public criticism of the Commerce Department, which is responsible for regulating the export of sensitive, high-tech goods. These comments come at a time when Nvidia's partnership with Singapore-based Megaspeed International, which highlights their collaboration on its website, has become a central issue in the resignation of Nvidia CEO Jensen Huang. Commerce Secretary Howard Lutnick has also faced increasing scrutiny.",
  "summary": "WASHINGTON — Treasury Secretary Scott Bessent said Friday he was frustrated with the Commerce Department’s delay in implementing controls over the export of certain Nvidia chips to China. Bessent said on CNBC that his department, along with the departments of State and Defense and the U.S. Trade Representative, were in favor of adding Megaspeed to an export control list for months but that the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Axios",
        "title": "Scoop: Inside Bessent's Situation Room confrontation with Lutnick over China chip security",
        "url": "https://urgent.news/2026/11/11/scoop-inside-bessents-situation-room-confrontation-with-lutnick-over",
        "published": "2026-11-11T15:45:13.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Sources: the Commerce Department is finalizing a semiconductor control update that would prevent remote access and chip smuggling into China via data centers (Leo Schwartz/The Information)",
        "url": "https://urgent.news/2026/11/12/sources-the-commerce-department-is-finalizing-a-semiconductor-control",
        "published": "2026-11-12T03:25:00.000Z"
      },
      {
        "outlet": "CBS News",
        "title": "Lutnick agrees to testify as Bessent blames him for chip sales",
        "url": "https://urgent.news/2026/11/13/lutnick-agrees-to-testify-as-bessent-blames-him-for-chip-sales",
        "published": "2026-11-13T15:13:00.000Z"
      },
      {
        "outlet": "BBC Technology",
        "title": "Bessent blames Lutnick's Commerce Department for failing to block Megaspeed",
        "url": "https://urgent.news/2026/11/13/bessent-blames-lutnicks-commerce-department-for-failing-to-block",
        "published": "2026-11-13T15:40:08.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "Bessent blames Lutnick's Commerce Department for not restricting Nvidia chips to China",
        "url": "https://urgent.news/2026/11/13/bessent-blames-lutnicks-commerce-department-for-not-restricting-19839029",
        "published": "2026-11-13T17:09:45.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Bessent blames Lutnick's Commerce for not blacklisting Nvidia's chip partner",
        "url": "https://urgent.news/2026/11/13/bessent-blames-lutnicks-commerce-for-not-blacklisting-nvidias-chip",
        "published": "2026-11-13T18:41:28.000Z"
      }
    ]
  },
  "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."
}