
Treasury Secretary Scott Bessent stated that the Trump administration supports imposing restrictions on Megaspeed, the firm linked to a scandal involving former Nvidia CEO Jensen Huang, while deferring to the Commerce Department on implementation.
AI-generated summary
Megaspeed is identified as the company at the center of a scandal involving former Nvidia CEO Jensen Huang.
Treasury Secretary Scott Bessent on Friday said his department and others in the Trump administration have long supported slapping restrictions on Megaspeed, the company at the center of former Nvidia CEO Jensen Huang's spy-sex scandal.
But the Commerce Department is in charge, "and you will have to have to ask them about their internal processes," Bessent told CNBC's "Squawk Box."

The International Atomic Energy Agency expressed its grave concern about an Iranian nuclear facility in Isfahan that was not allowed to be inspected, warning of the dangers of nuclear proliferation in light of Iran’s restrictions on the access of inspectors since June 2025.
According to WELT information, the AfD wants to nominate former soccer world champion Thomas Berthold as a candidate for the office of Federal President. An official decision from the Federal Executive Board is still pending.

The EU Parliament and member states have agreed on extended financial relief for industry. Companies will receive 221 million additional free CO2 certificates by the end of the decade to ensure competitiveness.
Punjab CM Bhagwant Mann is seeking central government clearance to attend a cultural conference in Lahore, Pakistan. The Ministry of External Affairs stated that such requests are assessed against India's broader foreign policy and current tensions with Pakistan.

Foreign Minister Jean-Noël Barrot strongly criticized Jean-Luc Mélenchon, accusing him of serving as a spokesperson for the Kremlin regarding his recent statements on Donbass during a meeting at Le Bourget.

KMT Taichung mayoral candidate Jiang Qichen held a rally in Taiping District and proposed a blueprint for the development of the CIC Living Circle, emphasizing industrial upgrading and social housing construction. Taichung Mayor Lu Xiuyan came out in support and called on voters to support the issue of health insurance subsidies for the elderly.