Senator presses Trump administration on Megaspeed probe

Senator presses Trump administration on Megaspeed probe

The inquiry into the Singapore-based company has attracted scrutiny given Nvidia CEO Jensen Huang’s affair with one of the company’s executives.

Sen. Michael Bennet, D-Colo., is pressing the Trump administration for an update on its investigation into Megaspeed following reports that the Commerce Department passed the probe to the Justice Department.

The inquiry into the Singapore-based company has attracted scrutiny given Nvidia CEO Jensen Huang’s affair with one of the company’s executives, an alleged Chinese spy.

“These efforts are crucial and time-sensitive,” Bennet wrote in a letter to the State, Commerce and Justice departments plus the director of national intelligence that was shared first with Semafor. He also requested “their consideration of specific punitive measures against Megaspeed, as well as stronger approaches to export controls and enforcement.”

The latest example of congressional scrutiny comes as Commerce reportedly resists other agencies’ overtures to add Megaspeed to its trade blacklist.

In brief

Michael Bennet, D-Colo., is pressing the Trump administration for an update on its investigation into Megaspeed following reports that the Commerce Department passed the probe to the Justice Department. He also requested “their consideration of specific punitive measures against Megaspeed, as well as stronger approaches to export controls and enforcement. The latest example of congressional scrutiny comes as Commerce reportedly resists other agencies’ overtures to add Megaspeed to its trade blacklist.

This is the opening of the story, shared with credit to Semafor. The rest of the report — with every detail — continues on the publisher’s website.

Continue reading at Semafor ↗

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