AxiosCenter·
Bessent puts Megaspeed heat on Lutnick: "Commerce has the pen"
Treasury Secretary Scott Bessent said in a Friday interview that while his department and others agreed on placing Megaspeed on a special list of companies that pose national security concerns, the Commerce Department "has the pen." Why it matters: Bessent didn't deny reports of tension between him and Commerce Secretary Howard Lutnick , who has come under scrutiny for his inaction over Megaspeed. The Singapore tech company has been accused of illegally diverting U.S. chips to China, and former…
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