Bessent Blames Lutnick's Commerce Department for Stalling Nvidia Export Controls
Treasury Secretary Scott Bessent is pointing the finger at Commerce Secretary Howard Lutnick's agency over delayed Nvidia export controls, per Cointelegraph. The accusation puts a public face on a fight inside the US government over who owns the holdup on chip-shipment rules.
- 2 sources report it: X account @Cointelegraph, cryptobriefing.com.
- The source published it on Nov 13, 2026 at 6:40 PM.
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Scott Bessent is blaming Howard Lutnick's Commerce Department for dragging its feet on Nvidia export controls, according to Cointelegraph. The outlet flagged the accusation as a big development, framing it as one cabinet official landing a direct hit on another's agency over Washington's chip rules.
The post named no specific controls, no timeline and no dollar figure, and Cointelegraph did not say where or when Bessent made the remark. Nvidia sits at the center of the export restrictions at issue, with the Commerce Department the agency handling them.
TopicsScott Bessent · Howard Lutnick · Commerce Department · Nvidia · Cointelegraph · Treasury Department
Written by Paparazzi with AI. Not financial advice.
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