Treasury Secretary Scott Bessent directly blamed the Commerce Department for delaying the broader administration’s intent to place Nvidia customer Megaspeed on a special blacklist of companies that could pose a national security threat.

In a CNBC interview Friday morning, Bessent said the U.S. Trade Representative and the Treasury, War, and State departments were “in favor of putting Megaspeed on the entity list for months.” However, he noted, the Commerce Department “has the pen.”

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