Nvidia Fallout Looms Over Trump-Xi Meeting
“Balance of Power” focuses on the intersection of politics and global business. On today’s show, Rep. Gregory Meeks (D-NY) says he wants to know when former CEO Jensen Huang was informed by the US government that the woman he was having an affair with was allegedly involved in Chinese espionage and why Nvidia was not notified sooner. Michael Allen, Managing Director of Beacon Global Strategies and former special assistant to President George W. Bush in the National Security sector, thinks Congress needs to direct its questions to the Commerce Department and, by extension, the National Security Council process staff about what happened with export-control regulations and what may have held them up.
Chapters:
00:01:18 Bloomberg’s Ed Ludlow on Jensen Huang Out as Nvidia CEO Amid Scandal
00:03:05 Bloomberg’s Romaine Bostick on Nvidia Stock Reacts to Huang’s Exit
00:06:54 Rep. Gregory Meeks (D-NY) on Nvidia Investigation
00:09:17 Rep. Gregory Meeks (D-NY) on National Security Questions Surround Huang
00:11:43 Rep. Gregory Meeks (D-NY) on Meeks Questions Commerce Secretary Howard Lutnick
00:14:05 Rep. Gregory Meeks (D-NY) on Congress Weighs Tighter China Chip Export Controls
00:16:53 Bloomberg’s Jeff Mason on Trump Weighs In on Nvidia Shakeup
00:20:51 The Debrief with Mario Parker
00:24:41 Bloomberg’s Jennifer Welch on Nvidia Crisis Spills Into US-China Relations
00:29:16 Michael Allen, Managing Director of Beacon Global Strategies, on National Security Failures
00:30:19 Michael Allen on Closing Loopholes in China Chip Export Controls
00:32:41 Michael Allen on How China Could Be Impacted by Nvidia Fallout
00:33:43 Michael Allen on Should Trump Cancel His China Trip?
00:35:04 Michael Allen on Could Lutnick Face Congressional Hearings?
00:39:08 Political Panel Reacts: Nvidia and National Security, Could Howard Lutnick Survive the Scandal?, Can Congress Enforce New Chip Controls?
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