Business & Economy · 2 views
Bessent Faults Commerce Dept. for Failing to Blacklist Megaspeed
The Treasury secretary blamed the department for not sanctioning Megaspeed and said that Nvidia employees should be held accountable if they sidestepped the law.
Summary
The Treasury secretary blamed the department for not sanctioning Megaspeed and said that Nvidia employees should be held accountable if they sidestepped the law. Scott Bessent, the Treasury secretary, blamed the Commerce Department on Friday for the government’s failure to sanction the Singaporean data center firm Megaspeed, saying that other departments had pushed for the measure but that Commerce “has the pen.”
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