Trump Goon Throws Lutnick Under Bus Over Sex-Mad CEO Scandal

Detailed summary

Bessent’s public pointing of the finger at Lutnick comes after Trump ally Jensen Huang resigned as Nvidia’s CEO over his affair with Alice Huang, a former Megaspeed executive whom…

Treasury Secretary Scott Bessent has thrown fellow top Trump official Howard Lutnick under the bus over his handling of the Nvidia scandal.

The intense rivalry between Bessent and the commerce secretary has been escalating behind closed doors since Trump’s return to the White House, but tensions finally boiled over in public amid fallout from the mounting national security scandal.

The Trump administration has faced questions about why Megaspeed, a major Nvidia customer, managed to escape U.S. sanctions.

CNBC’s Joe Kernen asked Bessent on Friday why the Singapore-based tech company was not placed on the entity list, which includes companies deemed a “national security list” by the government, for its ties to China.

“I can tell you there was coordination. Treasury, War, USTR (Office of the U.S. Trade Representative) and State were in favor of putting Megaspeed on the entity list for months,” Bessent said.

“But Commerce has the pen. Commerce BIS has the pen, and you will have to ask them about their internal process,” he added, referencing the Bureau of Industry and Security.

Bessent’s public pointing of the finger at Lutnick comes after Trump ally Jensen Huang resigned as Nvidia’s CEO over his affair with Alice Huang, a former Megaspeed executive whom U.S. intelligence officials have identified as a suspected Chinese spy.

The 63-year-old also allegedly had affairs with two Nvidia subordinates.

The tension between Bessent and Lutnick over Megaspeed led to a confrontation between the pair in the White House Situation Room, Axios reported on Wednesday.

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