Bessent: Treasury pushed to blacklist Megaspeed, but 'Commerce has the pen'

Politics The Hill By Miranda Nazzaro 13 Nov 2026 15:25 1 min read
Bessent: Treasury pushed to blacklist Megaspeed, but 'Commerce has the pen'

Treasury Secretary Scott Bessent is pointing the finger at Commerce Secretary Howard Lutnick over the Trump administration's failure to place Nvidia customer Megaspeed on a U.S. trade blacklist for national security concerns. When pressed Friday over who was behind the decision, Bessent told CNBC, "Treasury, War, USTR [U.S. Trade Representative] and State … were in...

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