Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick look on during during a news conference in the Oval Office of the White House on May 30, 2025.
Allison Robbert/AFP/Getty Images/File
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Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick over his department’s reluctance to label Nvidia customer Megaspeed a possible national security threat in a Situation Room confrontation last week that illustrates the tension inside the Trump administration over Chinese access to Nvidia’s advanced chips, two people familiar with the matter told CNN.