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Posted on 11/13/2026 6:41:32 AM PST by Miami Rebel
Treasury Secretary Scott Bessent tossed Commerce Secretary Howard Lutnick right under the bus when asked why a firm at the center of the ongoing Nvidia drama had not been added to a list of companies posing a national security threat.
Bessent appeared on CNBC’s Squawk Box on Friday morning, when Joe Kernen brought up reports about tensions between Bessent and Lutnick. Those dust-ups between the two have primarily been over a Singaporean data center company called Megaspeed, which is at the heart on the ongoing drama with Nvidia and its now-ex-CEO Jensen Huang.
Huang resigned as head of his own company this week after multiple reports revealed three separate affairs, including one with a woman named Alice Huang, no relation, whom U.S. officials have identified as a spy for China. Alice Huang helped lead Megaspeed, and Bessent and Lutnick reportedly went through a tense confrontation recently over the Commerce Department’s failure to place Megaspeed on the U.S. entities list, a blacklist for companies identified as a possible national security threat to the U.S.
“There have been reports that there was some tension between you and Secretary Lutnick about why Megaspeed was not placed on the entity list. And I’m just wondering about the interagency coordination. Could Treasury have done that? Was it only, you know, Lutnick that could… have done that. What about the coordination?” Kernen asked Bessent on Friday.
Bessent casually blamed the Commerce Department, which oversees the Bureau of Industry and Security, the agency in control of the entities list.
“Yes, well I can tell you there was coordination,” Bessent told Kernen. “Treasury, War, USTR, and State, they were in favor of putting Megaspeed on the entity list for months, but Commerce [and] BIS has the pin, and you will have to ask them about their internal processes.”
Axios reported, citing multiple sources, that Lutnick had received a classified memo about Jensen Huang’s relationship to a Chinese spy.
When Bessent reportedly confronted him this week on why there was a delay in adding Megaspeed to the entities list, Lutnick simply said he’d “look into it.”
The Megaspeed reports are not the first sign of Bessent and Lutnick’s tense relationship. According to the book, Regime Change by Maggie Haberman and Jonathan Swan, Bessent gave Lutnick a dressing-down right in front of the president over Ukrainian minerals.
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Lutnick's going to get eaten up in hearings.
It’s way above my pay level.
But I do know;
1: The ChiCom spy network is absolutely huge
2: No Chinese citizen leaves China without approval by the party.
3: Even Chinese decendants can be manipulated by threats to family left behind.
Lutnick should have been fired in 2025 over the tariff fiasco. And having his name come out over his trip to Epstein’s private island should have sealed the deal to get him out of office.
“Regime Change by Maggie Haberman and Jonathan Swan.”
Not interested in Leftist psyops.
The timing of the Nvidia drops is certainly interesting.
At least you made it to the end of the article.
How so?
What kind of a name is “Howard Lunatick”...?
Gee, no bias in that headline, eh...
You dispute it? I said exactly that to one of my partners while I watched the interview: “He is throwing Lutnick under the bus.”
“Lutnick’s going to get eaten up in hearings. “
Rightfully so.
Such blatant disregard of national security should be criminal malfeasance.
Lutnick is a despicable worm who belongs in prison. Steve Witkoff and Tom Barrack as well. Paid agents for Qatar and China.
Democrat Coup --> NVDA Coup ---> Microsoft server disaster --> (what's next?)
Jared Kushner’s skirts aren’t clean either. All these guys have side hustles going on while they’re representing the US.
I can’t figure why we have so many free agents negotiating on our behalf, rather than relying on Rubio.
That’s ass-backwards as well as a loony take on the election.
The midterms were a populist debacle for the GOP. The only “coup” was that staged by fed-up voters.
As to NVDA, on May 13, a short-seller named Christian Lamarco picked up on the unseemliness of the Jense Huang/Alice Huang pairing based on public reporting by The New York Times and Bloomberg. He recommended dumping the stock, and he was just a civilian reading public info.
The relationship was already known to US intelligence and by Marco Rubio (if not the entire Administration.)
The usefulness of the Nvidia “Huang-gate” was at its peak BEFORE the election, not after. Dems are in the driver’s seat now. They don’t need scandals to crack down on the AI facilitators.
Democrat Coup —> NVDA Coup -—> Microsoft server disaster —> (what’s next?)
Exactly.
And, AI coup. New regs/fees (big guys in, indies out) … more DC grift/lobbyist $$$$.
You get the picture.
Not sure it’s tossing anyone under the bus. It sounds like a process question. One department head should not be commenting on the process in another department.
If Lutnick was sucking up to these guys, he shouldn’t have been. If it was just a review process....he will have to explain that.
Cabinet Secretaries are not buddies. Just because they work for the same guy doesn’t mean one has to eat shit for another’s bad management.
False. The "usefulness" is removing him from power and taking the steering wheel to "regulate" AI - meaning control and censor it. Huang may have been a reckless baller, but he was also the biggest defender of open-source LLMs - which cannot be controlled by leftists and globalists. Everyone knew about Jensen's affairs in DC. Now they are executing their plan, and this is step 1.
“Everyone knew about Jensen’s affairs in DC.”
Then why’d the Administration not read him the riot act?
Well, you could start here.
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