The War of Money in the White House; Bessent Is Right. Lutnick’s Delays Are the Problem.
Treasury Secretary Scott Bessent went on CNBC and said the quiet part out loud: multiple agencies—Treasury, Defense, State, and the U.S. Trade Representative—had been pushing for months to put Megaspeed on the Entity List, the tool that would have restricted…
How the Nvidia “Honeypot” Scandal Should Backfire on China
China’s Ministry of State Security ran a classic honeytrap on Jensen Huang, the man who built Nvidia into the indispensable engine of the artificial intelligence race. U.S. intelligence concluded that Alice Huang (also known as Huang Le), a Chinese national…