At a White House meeting, Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick over the government's continued delay in blacklisting Megaspeed.
The company is accused of illegally routing US-made AI chips to China.

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At a White House meeting, Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick over the government's continued delay in blacklisting Megaspeed.
The company is accused of illegally routing US-made AI chips to China.

Democrats take control of Congress in January, gaining subpoena power. President Trump's energy dealmaking, from Venezuelan oil to critical minerals, is expected to be a key target.
Democrats have already raised doubts about the legal footing of a Pentagon stake in an oil firm meant to develop Venezuelan reserves. Several minerals deals involve Cantor Fitzgerald, a firm once run by Commerce Secretary Howard Lutnick.
They will also press the administration over nearly $8 billion in canceled energy projects in states that backed Kamala Harris in 2024.
