🚨 Tensions erupt within the Trump administration over exports of Nvidia AI chips $NVDA to China.
📌 Treasury Secretary Scott Bessent reportedly disagrees with Commerce Secretary Howard Lutnick over how to handle Megaspeed International (Singapore)—an entity accused of evading U.S. export controls.
📌 Bessent and senior officials are urging that Megaspeed be added to the Commerce Department’s Entity List, but Lutnick has not agreed.
This disagreement puts Lutnick’s position in the balance, with investors closely watching every signal from the White House and his hearing before the Senate Banking Committee.
💬 Which side do you think Trump will take in this dispute?
#CryptoRegulation #CryptoNews
🔗 Source: Crypto Briefing
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 Treasury Secretary Scott Bessent reportedly disagrees with Commerce Secretary Howard Lutnick over how to handle Megaspeed International (Singapore)—an entity accused of evading U.S. export controls.
📌 Bessent and senior officials are urging that Megaspeed be added to the Commerce Department’s Entity List, but Lutnick has not agreed.
This disagreement puts Lutnick’s position in the balance, with investors closely watching every signal from the White House and his hearing before the Senate Banking Committee.
💬 Which side do you think Trump will take in this dispute?
#CryptoRegulation #CryptoNews
🔗 Source: Crypto Briefing
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).