Lutnick agrees to testify before Congress amid bipartisan concerns

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Commerce Secretary Howard Lutnick has agreed to testify voluntarily before the Senate Banking Committee. The hearing follows bipartisan concerns about an alleged Nvidia chip-smuggling or espionage scandal and federal enforcement of chip export controls.

Commerce Secretary Howard Lutnick has agreed to testify before Congress amid bipartisan concerns about the Nvidia spy scandal and the agency’s enforcement of chip export controls. Lutnick has “proactively agreed to appear voluntarily” before the Senate Banking Committee, spokesperson Kristen Eichamer said in a statement. Senate Banking Chair Tim Scott (R-S.C.) sent letters to both…