On Friday, Fox Business – which typically extends the benefit of the doubt to allies of President Donald Trump – aired a segment that asked some blunt questions and made some blunt assertions about one White House official’s potential role in a “conspiracy” that has shocked the world over the past week. According to one frequent Fox contributor, Commerce Secretary Howard Lutnick “has a lot to answer for” if he was involved with schemes to smuggle banned microchips to China.

  • someguy3@lemmy.world
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    12 minutes ago

    “Was there a conspiracy to flout the chip export laws?” wondered Fox Business host Stuart Varney. “Was Lutnick involved?”

    “First of all, we know that Jeffrey Kessler, Under Secretary of Commerce, killed a Commerce Department investigation into Nvidia’s disturbing relationship with Megaspeed, the company of which Alice Huang, the suspected spy, was an executive,” Chang explained. “Also, we know that Commerce was issuing export permits for chip sales to companies that were obviously fronts. So I think that the Commerce Secretary has a lot to answer for when he goes to Congress, because people should be asking him about that: why would they kill that investigation?”

  • urno@lemmy.world
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    2 hours ago

    I don’t know much about Lutnick but there must be little doubt he adopted the side of villainy since probably 7 or 8 years old when kids must’ve started calling him Nutlick.

  • pelespirit@sh.itjust.works
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    2 hours ago

    Lmao, they’re wondering when the new york times already did an article saying they killed the investigation last year.

    But the case was abruptly transferred to the Justice Department last year. The shift came after Commerce Department investigators working on the case received an email from Nvidia’s general counsel seeking information about the inquiry into Megaspeed.

    It is not necessarily unusual for Commerce Department agents working on a case to speak with a company’s representatives about issues involving their firm. But what was unusual was the content of the message. Tim Teter, Nvidia’s general counsel, said that Jeff Kessler, a top official at the department, had given Nvidia permission to reach out about the case.

    https://unwall.app/www.nytimes.com/2026/11/09/business/economy/nvidia-megaspeed-investigation-huang.html