Trump Officials Clashed Over Megaspeed, Firm at Heart of Nvidia Affair

New York Times - Nov 11, 2026

Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick last week about why the administration had not put restrictions on advanced chip sales to Megaspeed.

Read full article

More News

Nov 11, 2026

Heating Costs Will Rise 7% on Average This Winter

People who use heating oil will see increases of around 70 percent because the war in Iran has greatly reduced supply of that fuel.

Nov 11, 2026

Trump Officials Clashed Over Megaspeed, Firm at Heart of Nvidia Affair

Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick last week about why the administration had not put restrictions on advanced chip sales to Megaspeed.

Nov 11, 2026

Who is Alice Huang, alleged spy who reportedly had affair with Nvidia CEO?

Chinese businesswoman Alice Huang has entered the spotlight in the recent days following reports of her intimate relationship with Nvidia CEO Jensen Huang and allegations of her being a spy. A recent New York Times report claimed that American authorities discovered Alice Huang illegally smuggled advanced AI chips into China while developing a “close relationship”...

Nov 11, 2026

Who is Alice Huang, alleged spy who reportedly had affair with Nvidia CEO?

Nov 11, 2026

Bessent calls for more balanced trade with China ahead of Trump-Xi talks

Treasury Secretary Scott Bessent said Tuesday the U.S. and China should have a “more balanced” trading relationship, days after President Trump said he expects to meet with Chinese President Xi Jinping later this month. “The U.S. trade imbalance with China has long been a source of friction,” Bessent said at a gala hosted by the...

Nov 11, 2026

Inside Democrats’ plan to put Wall Street on trial over Jeffrey Epstein

Democrats on Capitol Hill are vowing to probe major banks with ties to deceased convicted sex offender Jeffrey Epstein once their new congressional majorities become official in January. Those investigations, Democrats say, will provide insight into whether executives at financial institutions, such as JPMorgan Chase, Deutsche Bank and Bank of America, were aware of or...

Nov 11, 2026

Nvidia spy scandal could reshape fight over AI chips and China

Nvidia CEO Jensen Huang's relationship with an alleged Chinese spy is putting a microscope on the company's influence on AI chip policy in Washington and throwing new momentum behind a trio of bills aiming to place restrictions on chip sales abroad. Huang's disclosure of his affair with a Chinese businessperson, who U.S. officials concluded was...

Nov 11, 2026

Democrats and Republicans unite to investigate Nvidia, but diverge on whether Trump is at fault

Republicans and Democrats are showing rare unity in their calls for investigations into whether Nvidia CEO Jensen Huang compromised U.S. national security after admitting he had an affair with an alleged Chinese spy. The revelation surfaces a host of concerns that cut across committees related to intelligence, foreign relations and banking and finance, diving deep...

Nov 11, 2026

Lebanon Faces Economic ‘Catastrophe’ After War and Years of Mismanagement

Hezbollah’s conflict with Israel and the U.S.-Israel war with Iran have made systemic problems worse, causing the cost of living to soar and driving many Lebanese to despair.

Nov 10, 2026

Nvidia and Jensen Huang face shareholder lawsuit alleging investors were misled about spy affair

A shareholder has sued Nvidia and its CEO, Jensen Huang, accusing them of deceiving investors in their responses to media reports about Huang's affair with a purported Chinese spy that threatens national security. The complaint comes after President Donald Trump said the FBI is investigating the affair, which Huang has acknowledged and apologized for. Trump...

Nov 10, 2026

Nvidia and Jensen Huang face shareholder lawsuit alleging investors were misled about spy affair

Nov 10, 2026

Credit card debt mounts amid Democrats' push to cap interest rates

New data shows Americans’ credit card balances are mounting, as some Democratic lawmakers push for capping interest rates. Credit card balances increased by $22 billion in the third quarter, an increase of 1.7 percent relative to the second quarter, the Federal Reserve Bank of New York reported Tuesday. Credit card debt for this year topped...

Trump Officials Clashed Over Megaspeed, Firm at Heart of Nvidia Affair

More News

Heating Costs Will Rise 7% on Average This Winter

Trump Officials Clashed Over Megaspeed, Firm at Heart of Nvidia Affair

Who is Alice Huang, alleged spy who reportedly had affair with Nvidia CEO?

Who is Alice Huang, alleged spy who reportedly had affair with Nvidia CEO?

Bessent calls for more balanced trade with China ahead of Trump-Xi talks

Inside Democrats’ plan to put Wall Street on trial over Jeffrey Epstein

Nvidia spy scandal could reshape fight over AI chips and China

Democrats and Republicans unite to investigate Nvidia, but diverge on whether Trump is at fault

Lebanon Faces Economic ‘Catastrophe’ After War and Years of Mismanagement

Nvidia and Jensen Huang face shareholder lawsuit alleging investors were misled about spy affair

Nvidia and Jensen Huang face shareholder lawsuit alleging investors were misled about spy affair

Credit card debt mounts amid Democrats' push to cap interest rates

Recommended