Treasury Secretary Scott Bessent criticized the Commerce Department for declining to blacklist Megaspeed, a Singapore-based firm. He said the agency missed an opportunity to impose sanctions.
The dispute centers on whether Megaspeed should face restrictions over its business dealings. Bessent argued the department moved too slowly on the matter.
He also directed scrutiny at Nvidia, saying its employees should be held accountable if they skirted the law. The comments raise questions about corporate compliance.
The Commerce Department has not publicly addressed Bessent’s criticism. It remains unclear whether the agency will revisit the decision.
Megaspeed has not issued a response to the allegations. The firm’s role in the broader semiconductor supply chain remains under review.
The exchange highlights growing tension between Treasury and Commerce over enforcement priorities. Both agencies play roles in export controls and sanctions.
Nvidia has not commented on Bessent’s remarks. The company has faced increased attention over how its products reach overseas markets.
The case could shape future decisions on blacklisting foreign firms. It may also influence how the government handles corporate accountability.
