Report that Bessent inquired about the reason MegaSpeed was not listed… Commerce Department denies conversation

U.S. Treasury Secretary Scott Bessent reportedly asked Commerce Secretary Howard Lutnick at a White House Situation Room meeting on the 5th why Nvidia customer Megaspeed was left off the U.S. Entity List, with Lutnick said to have replied he did not know and would look into it, according to an Axios report citing anonymous sources. Commerce Department spokesperson Kristen Eichamer denied that the exchange took place at all. The Entity List designation matters because it determines which foreign firms face U.S. export restrictions, and Megaspeed's status is significant given its role as an Nvidia customer. Watch for whether Commerce formally reviews Megaspeed's listing status and whether the discrepancy between the Axios account and the department's denial is clarified.