On Friday, Fox Business – which typically extends the benefit of the doubt to allies of President Donald Trump – aired a segment that asked some blunt questions and made some blunt assertions about one White House official’s potential role in a “conspiracy” that has shocked the world over the past week. According to one frequent Fox contributor, Commerce Secretary Howard Lutnick “has a lot to answer for” if he was involved with schemes to smuggle banned microchips to China.

  • someguy3@lemmy.world
    link
    fedilink
    arrow-up
    2
    ·
    40 minutes ago

    “Was there a conspiracy to flout the chip export laws?” wondered Fox Business host Stuart Varney. “Was Lutnick involved?”

    “First of all, we know that Jeffrey Kessler, Under Secretary of Commerce, killed a Commerce Department investigation into Nvidia’s disturbing relationship with Megaspeed, the company of which Alice Huang, the suspected spy, was an executive,” Chang explained. “Also, we know that Commerce was issuing export permits for chip sales to companies that were obviously fronts. So I think that the Commerce Secretary has a lot to answer for when he goes to Congress, because people should be asking him about that: why would they kill that investigation?”

  • urno@lemmy.world
    link
    fedilink
    arrow-up
    12
    ·
    2 hours ago

    I don’t know much about Lutnick but there must be little doubt he adopted the side of villainy since probably 7 or 8 years old when kids must’ve started calling him Nutlick.

  • Eternal192@anarchist.nexus
    link
    fedilink
    English
    arrow-up
    25
    ·
    3 hours ago

    I love how they use words like “pondering” when they know the White House is full of corruption but Murdoch is a good friend and frequent island visitor with Trump so they can’t publish the truth.

  • artyom@piefed.social
    link
    fedilink
    English
    arrow-up
    19
    arrow-down
    2
    ·
    3 hours ago

    Excuse my naïveté but isn’t Trump the one who put these regulations in place in the first place? Why would he do that, only to conspire with Nvidia to smuggle them out?

    • dhork@lemmy.world
      link
      fedilink
      English
      arrow-up
      45
      ·
      3 hours ago

      Why would he do that, only to conspire with Nvidia to smuggle them out?

      To make sure nobody else could get in on the grift.

      • Blue_Morpho@lemmy.world
        cake
        link
        fedilink
        arrow-up
        5
        ·
        44 minutes ago

        It sounds like a conspiracy but he’s done exactly that before. He fired a Whitehouse teleprompter tech for trading on information he knew before it was public and then the very next day announced that he would be selling early access to his Truth Social posts before everyone else could read it.

    • 2hundredpancakes@lemmy.blahaj.zone
      link
      fedilink
      arrow-up
      24
      ·
      3 hours ago

      I’m not a professional, but I imagine this could accomplish:

      • make the admin look “tough on China” to the public eye
      • allow for under the table deal -> discrete income directly to Trump/associates’ pockets
    • Kirp123@lemmy.world
      link
      fedilink
      arrow-up
      10
      ·
      3 hours ago

      Could be that Trump didn’t know. Lutnick worked behind his back. Or Trump knew and didn’t care as long as it made him money.

      • SupraMario@lemmy.world
        link
        fedilink
        arrow-up
        3
        ·
        1 hour ago

        Trump %100 knew, as he had known for a year that Jensen was having an affair and who it was with. Pretty sure there was a report from the DOJ to him about the whole thing and he ignored it.

    • ceenote@lemmy.world
      link
      fedilink
      arrow-up
      4
      arrow-down
      1
      ·
      3 hours ago

      They started under Biden, apparently.

      “We have to beat China” is a bipartisan position among ghoulish politicians.

  • pelespirit@sh.itjust.works
    link
    fedilink
    arrow-up
    4
    ·
    2 hours ago

    Lmao, they’re wondering when the new york times already did an article saying they killed the investigation last year.

    But the case was abruptly transferred to the Justice Department last year. The shift came after Commerce Department investigators working on the case received an email from Nvidia’s general counsel seeking information about the inquiry into Megaspeed.

    It is not necessarily unusual for Commerce Department agents working on a case to speak with a company’s representatives about issues involving their firm. But what was unusual was the content of the message. Tim Teter, Nvidia’s general counsel, said that Jeff Kessler, a top official at the department, had given Nvidia permission to reach out about the case.

    https://unwall.app/www.nytimes.com/2026/11/09/business/economy/nvidia-megaspeed-investigation-huang.html