Treasury Secretary Scott Bessent urged Nvidia to seek an outside chief executive and said its export-control compliance should be examined, drawing U.S. chip policy into the company’s leadership debate.
On Megaspeed, CBS reported that Bessent said Treasury, War and State, along with the U.S. Trade Representative, had backed adding the company to an export-control list for months. In Friday comments to CNBC, Bessent said Commerce controlled the decision, summarizing its authority with the phrase, “Commerce has the pen.”
Howard Lutnick has agreed to testify Dec. 10 about the Nvidia chip export case, EconoTimes previously reported in its coverage of his planned testimony.
