Trump sticks by Commerce Secretary Lutnick despite Nvidia inaction
Summary
President Donald Trump said he has confidence in Commerce Secretary Howard Lutnick, despite scrutiny over whether Lutnick acted on intelligence about suspected chip smuggling to China. Lawmakers from both parties are seeking answers about export controls and Nvidia, while congressional, FBI and company-board investigations continue.Key Facts
- The White House said Trump maintains confidence in Lutnick.
- Lutnick has faced scrutiny over whether he acted on intelligence concerning Jensen Huang's relationship with a suspected Chinese spy.
- The Commerce Department has not publicly confirmed whether Lutnick saw the intelligence memo.
- Sen. Elizabeth Warren called on Lutnick and Under Secretary Jeffrey Kessler to address export-control loopholes.
- Sen. John Kennedy said Lutnick should explain his actions to Congress.
- Huang resigned as Nvidia CEO after reports of a second affair with a direct report.
- Republican House committee chairs said Huang's resignation would not change their plans to investigate him and Nvidia.
- The FBI, Congress and Nvidia's board are investigating.
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