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US Treasury chief blames Commerce Department for Nvidia scandal

Source: dailypost.ng Published Sat, 14 Nov 2026 06:32:24 +0000
US Treasury chief blames Commerce Department for Nvidia scandal

Why This Matters

Key context: <img width="1200" height="628" src="https://dailypost.ng/wp-content/uploads/2025/04/Scott-Bessent.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://dailypost.ng/wp-content/uploads/2025/04/Scott-Bessent.jpg 1200w, https://dailypost.ng/wp-content/uploads/2025/04/Scott-Bessent-300x157.jpg 300w, https://dailypost.ng/wp-content/uploads/2025/04/Scott-Bessent-1024x536.jpg 1024w" sizes="(max-width: 1200px) 100vw, 1200px" /><p>US Treasury Secretary Scott Bessent has accused the Commerce Department of delaying efforts to place Singapore-based technology firm Megaspeed on Washington&#39;s trade blacklist over allegations that it helped Chinese companies circumvent American export restrictions on Nvidia chips. Bessent said several US government agencies, including the Treasury, Defence Department, Office of the US Trade Representative and [&#8230;]</p> <p><a href="https://dailypost.ng/2026/11/14/us-treasury-chief-blames-commerce-department-for-nvidia-scandal/">US Treasury chief blames Commerce Department for Nvidia scandal</a></p> This development from dailypost.ng highlights ongoing changes in the sector.

US Treasury Secretary Scott Bessent has accused the Commerce Department of delaying efforts to place Singapore-based technology firm Megaspeed on Washington's trade blacklist over allegations that it helped Chinese companies circumvent American export restrictions on Nvidia chips. Bessent said several US government agencies, including the Treasury, Defence Department, Office of the US Trade Representative and […] US Treasury chief blames Commerce Department for Nvidia scandal

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