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Bloomberg Television9 min

Rep. Meeks Says Questions Remain Over Nvidia Warning

Rep. Meeks, Gregory Meeks, Joe Mathieu, Kailey Leinz, Howard Lutnick, Congressman

Interview
  • The committee plans to await the majority party's announcement of a firm date for Jensen Wong's closed-door testimony before finalizing the schedule, while simultaneously preparing to question Wong on the identity and timing of administration officials (specifically Secretary Rubio or the president) who disclosed his partner's alleged Chinese espionage affiliation, as well as details regarding information he knew or was asked to provide concerning Megaspeed.
  • Investigators anticipate the Jensen Wong matter represents only "the tip of the iceberg" of potential illicit information sharing with China and expect to examine why the administration delayed notifying NVIDIA and Mr. Wong about the partner's media reports from a year ago, why normal notification procedures were not followed, whether a presidential warning conversation occurred, and if the failure to halt NVIDIA chip sales to Megaspeed stemmed from a lack of knowledge regarding the espionage danger.
  • The inquiry includes an investigation into the history of the Singapore government's probe into Alice Wong, specifically focusing on information requests made to the U.S. and reasons for a lack of American assistance, alongside a review of why the case was deferred from the Commerce Department and BIS to the Department of Justice.
  • The committee intends to prioritize this investigation starting in the 119th Congress, with a commitment to focus on the matter in the 120th Congress if necessary, while separately evaluating facts regarding Howard Lutnick and considering the Secretary of Defense's performance and treatment of military officers as grounds for a renewed impeachment consideration.
  • New export controls targeting China are expected to be enacted via the National Defense Authorization Act (NDAA), with current negotiations aimed at establishing clear guardrails and universal application without exceptions, driven by Democratic demands; while there is no guarantee, the expectation is to finalize these measures during the current lame duck session.