Bessent says agencies wanted Megaspeed listed for months

single source· 1 articles · confidence: low · first seen 2026-11-13 19:53 UTC

What this means for you

Nothing to act on yet. No listing has been confirmed, no rule change has been published, and the underlying allegation against Megaspeed is not described in the sourcing — anyone with exposure to the entity list should wait for the Federal Register notice, not a television remark.

US Treasury Secretary Scott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months", the BBC reports, as pressure builds on Commerce Secretary Howard Lutnick over the fallout from an Nvidia-related scandal. The entity list is the US export-control register that bars listed firms from receiving American technology without a licence. The report does not say what Megaspeed is alleged to have done, which agencies pushed for the listing, or why the Commerce Department did not act; Lutnick has not responded in the coverage given here.

Key facts

  • ·Scott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months". source
  • ·The BBC reported the remark on 13 November 2026. source
  • ·The pressure is on Commerce Secretary Howard Lutnick, according to the BBC's report. source

What the sources say

  • BBC Technology — Runs a single Treasury quote about a delayed export-control listing and the political pressure it creates.

Sources

The original reporting. Follow these — they did the work.

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