Trump Backs Lutnick Despite Uproar Over Nvidia Chip Controls

 

Insight & analysis on the White House and Capitol Hill.

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President Donald Trump gave a vote of confidence to Commerce Secretary Howard Lutnick, despite reports about his department’s lax efforts to prevent China from obtaining Nvidia Corp.’s advanced artificial intelligence chips.

The White House backed Lutnick on Thursday soon after Jensen Huang was ousted as Nvidia’s chief executive officer following revelations he had an extramarital affair with a suspected Chinese spy. The incident intensified scrutiny of his close relationship with Trump and dealings with the administration. 

Trump maintains complete confidence in the secretary and his ability to carry out the position as the most transformative Commerce Secretary in modern history, a White House official, who declined to be named, said in an emailed statement.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

  • Host of Bloomberg Originals' "The Circuit" Emily Chang.
  • Former White House Special Advisor for AI in the Biden Administration Ben Buchanan.
  • Bloomberg Washington Correspondent Tyler Kendall.
  • Stonecourt Capital Partner Rick Davis and Third Way Senior Fellow Caitlin Legacki.
  • Ashton Analytics Founder Anna Ashton.
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