Scott Bessent: “What we are here to do is to prosecute criminal fraud. And any question like that that deflects away from it, I think is…”

Thanks to America’s unrivaled entrepreneurial spirit and dynamism, the re-industrialization and re-privatization of the American economy are gathering extraordinary force.

How come Megaspeed isn’t on the entities list?

“for months” he has been in favor of putting Megaspeed, the data company whose executive is an alleged Chinese spy, on a trade blacklist to stop Nvidia from exporting advanced chips to Beijing.

The real story here should be: Did Nvidia know their client, and was there a robust effort at Nvidia to make sure that there was no leakage and that they were selling to what were obviously pass-through shell companies?