https://www.live-feeds.com/feed/scoop-inside-bessent-s-situation-room-confrontation-with-lutnick-over-china-chip-securityContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/scoop-inside-bessent-s-situation-room-confrontation-with-lutnick-over-china-chip-securityhttps://www.live-feeds.com/feed/scoop-inside-bessent-s-situation-room-confrontation-with-lutnick-over-china-chip-security#u200946Sat, 14 Nov 2026 17:05:39 +0000Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick clashed in a Situation Room meeting over China chip security and the handling of the firm Megaspeed. Sources stated that Bessent confronted Lutnick for failing to label Megaspeed, a customer of Nvidia, as a national security threat. The US commerce department delayed the inclusion of Megaspeed on a trade blacklist. The dispute follows allegations made by Alice Huang, prompting a Senate Democrat to press the Trump administration regarding the Megaspeed probe.Why it mattersThe confrontation marks a public escalation of a Whit