Senior White House officials are discussing whether Commerce Secretary Howard Lutnick should be replaced over a spying scandal involving former NVIDIA (NVDA.US) CEO Jensen Huang, as a growing number of lawmakers criticize Lutnick for refusing to place dozens of Chinese companies on the US critical trade blacklist and question whether the government has properly supervised NVIDIA’s exports to China, Reuters, citing sources, reported.

However, a White House official said US President Donald Trump still has full confidence in Lutnick and his ability to perform his duties.

The US government had previously suspended plans to place DeepSeek, CXMT (688825.SH), and more than 100 other companies identified as national security risks on the trade blacklist.

Multiple Democratic lawmakers wrote to Lutnick, Secretary of State Marco Rubio, and White House Chief of Staff Stephen Miller, requesting that the government preserve all documents related to NVIDIA’s exports of advanced AI chips to China and the associated national security risks.
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AASTOCKS Financial News
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