Bessent puts Megaspeed heat on Lutnick: "Commerce has the pen"
Axios · 13 Nov 2026

Bessent puts Megaspeed heat on Lutnick: "Commerce has the pen"

Treasury Secretary Scott Bessent said in a Friday interview that while his department and others agreed on placing Megaspeed on a special list of companies that pose national security concerns, the Commerce Department "has the pen."Why it matters: Bessent didn't deny reports of tension between him and Commerce Secretary Howard Lutnick, who has come under scrutiny for his inaction over Megaspeed.


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