Treasury Secretary Scott Bessen clashed with Commerce Secretary Howard Lutnick during a White House briefing over his failure to blacklist MegaSpeed, an Nvidia customer accused of illegally shipping high-end American chips to China, according to Axios.
"How come Megaspeed isn't on the entity list? " According to the reports, the Saint asked Lutnik, who replied: "I don't know. I'll check it out."
Sources said Lutnick has resisted efforts to impose sanctions on MegaSpeed for nearly a year, fearing such steps could escalate trade tensions with China.
Commerce Undersecretary Jeff Kessler also received repeated warnings about the company but deferred the decision to Lutnick.