Lutnick faces scrutiny over Nvidia ties as China chip controls lapse

Commerce Secretary Howard Lutnick faces scrutiny over his close relationship with Nvidia CEO Jensen Huang and alleged inaction on China chip export controls, following Huang's resignation amid a foreign intelligence investigation. Some Trump advisers are discussing whether Lutnick should be dismissed. Lutnick cultivated Huang as a top administration ally, facilitating his access to Trump and supporting H20 chip sales to China. The Commerce Department failed to blacklist Megaspeed, a company suspected of funneling chips to China, despite warnings from other agencies and lawmakers. Treasury Secretary Scott Bessent said Commerce had the authority to act but didn't, while Trump maintains confidence in Lutnick. Huang resigned after revelations of extramarital affairs, one involving a woman suspected of being a Chinese intelligence asset.