Nvidia CEO Jensen Huang declines Senate Banking Committee invitation to testify on AI development, China business, and export controls, citing inability to attend, amid growing US scrutiny on AI technology sales to China.
President Trump unveiled plans for a controversial White House ballroom, highlighting a large excavation site. He claimed personal financing for the project, despite ongoing Senate discussions for a $1 billion appropriation, and contrasted it with security funding for an underground complex.
Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo's Senate testimony on Tuesday sounded like it was written by an "intern."
US Commerce Secretary Howard Lutnick sought to quell fears in Senate testimony on Wednesday that American technology was aiding China’s military, but drew scepticism given the US president’s willingness to sell advanced semiconductors. Lutnick asserted before the powerful Senate Appropriations Committee that US President Donald Trump was striking a “delicate balance” on the technology transfer issue given his cordial personal relationship with Chinese leader Xi Jinping, claiming that China has...
