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Friday, 13 November 2026

Time Trade

Markets, trading & finance — British perspective

Regulation

Nvidia scandal: Howard Lutnick under pressure over alleged lack of action

UK trading desk, Time Trade (2026-11-13): US commerce secretary faces sack as warnings emerge about alleged Chinese spy’s ties to Jensen Huang and delays in adding Megaspeed to trade… Primary source: original at The Guardian (theguardian.com).

· The Guardian

US commerce secretary faces sack as warnings emerge about alleged Chinese spy’s ties to Jensen Huang and delays in adding Megaspeed to trade blacklist

One of Donald Trump’s top lieutenants reportedly could soon be fired, as criticism mounts over commerce secretary Howard Lutnick’s apparent lack of action over the Nvidia spying scandal.

Jensen Huang resigned from Nvidia on Thursday, and was replaced on an interim basis by chief financial officer, Colette Kress, after reports emerged of his multiple affairs, most importantly with Alice Huang (no relation), who is suspected of being a Chinese spy.

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