Treasury Secretary Scott Bessent appears on Fox News with Larry Kudlow to discuss the issues with NVIDIA, chip sales to China and the potential national security ramifications.

As with prior comments on the matter, Secretary Bessent puts the burden on Commerce Secretary Howard Lutnick to explain why the Commerce Dept., Bureau of Industry and Security, didn’t block NVIDIA chip sales. The video was captured on the X Platform.  WATCH: 

Here’s the FULL Secretary Scott Bessent interview just moments ago. A ton of important topics and info here:

– He wants answers from the board on whether or not Nvidia was knowingly circumventing US export controls to sell advanced chips to China

– Doesn’t care about an affair or if Alice Huang was a spy

– He repeats his critique of Commerce Secretary Lutnick for failing to place Alice Huang’s Megaspeed on the U.S. export control blacklist

– Moved to the booming economy: Manufacturing is booming, job gains are surging, and prices are falling, including gas.

– Explains how sanctions on Iran have shrunk its economy 25% in just one year, comparing that to the fall of the Soviet Union which shrunk 23% over three years before it collapsed.

— Andrew Kolvet (@AndrewKolvet) November 15, 2026

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This week we are going to see decades of climate change, net-zero, finance and banking interests come to a head in their predictable apoplexy about President Donald Trump, President Vladimir Putin and Chairman Xi Xinping holding a closed-door discussion about current geopolitics.

In the lead up to the scheduled APEC Summit sideline meeting scheduled for this week, the British Commonwealth nations and Europeans, also called the “middle powers,” are going bananas.  The only representative from the collective who will be in attendance is Canadian Prime Minister Mark Carney.  There are trillions of prepositioned investments at stake.

When asked about the upcoming meeting between Trump, Xi and Putin, pay close attention to what Carney says.  Specifically, notice the seemingly disconnected and obscure reference of Canada supporting Latvia.  What is going on within that subconscious psychological reference is rather telling.  WATCH (only first 2:25 minutes):

...”We have 2,500 troops in Latvia, we lead the brigade there, and we’re not giving Russia a cordon sanitaire there”…

Where did that Latvia reference come from?  I’ll tell you.

When you listen to the uncomfortable responses from anxiety riddled voices of influence, what sometimes gets triggered is a subconscious reference point seemingly disconnected from the main issue visible in the conversation as visible to the audience.  In this example Latvia.

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As a background to this statement by Carney, the Canadian Industrial Minister Mélanie Joly, recently announced that the Canadian government would subsidize Honda to keep them in Canada by paying $313 million for retooling the Alliston plant that makes the Honda CRV model.

The net result is Honda will spend $165 million; Canada will spend $313 million. There are roughly 4,000 auto-sector jobs associated.  So, Canada is paying two-thirds of the cost for Honda to stay operating in Alliston.  Honda will be producing a new hybrid CRV there.

Against the backdrop of this decision by the Carney government, a transparently visible bribe just to keep Honda from leaving the area, and against the backdrop of the U.S trade position that cars for the American market should be made in America, Prime Minister Mark Carney is questioned about the trade discussions.

Within his response Carney notes the auto-sector is a RED LINE for Canada, and the Canadian government demands access to the American market for cars made in Canada.  WATCH:

The core of the issue is really simple.  Canada has chosen to chase climate change energy policy.  As a consequence, Canada no longer has heavy industrial manufacturing at scale.  In the auto sector the heavy industrial part of making forged iron, steel and aluminum is not done in Canada.  Instead, they import the component parts from heavy industrial manufacturing, then assemble those products into vehicles “made in Canada.”

This is a core part of the Canadian auto industry.  Without the import, their ‘climate friendly’ economy doesn’t have the manufacturing capacity to create automobiles.  The second aspect is they don’t have enough customers; Canada is dependent on the U.S. consumer base to purchase cars, trucks and SUV’s made in Canada.

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According to Volodymyr Zelenskyy, who is relaying information to his comrades in western sympathetic media based on the private conversation he is having with Trump emissaries Steve Witkoff and Jared Kushner, the U.S. team has probed the willingness of Russia to accept Ukraine entering into the protection of NATO in exchange for Ukraine pulling back completely from the Donbas region in Eastern Ukraine.

Now, here we must overlay a tremendous amount of background context, starting with the U.S. team being diplomatically private (as they should), while contrast against the Ukraine Team -specifically Zelenskyy- making private conversations very public in order to bolster his western support system.  Keep this aspect in mind.

Zelenskyy is deflecting leadership by refusing to negotiate as an elected Ukrainian voice and instead making things public under the justification of his desire to make the Ukraine people the determining factor.  This is a method of weaponized democracy, where ‘paralysis by analysis’ is the outcome.

That said, the baseline of the proposal is the U.S. offering NATO-type protection, entirely led by and the responsibility of Europe in Ukraine.  The U.S. will NOT put American military on the ground in Ukraine under any circumstance.  The absence of the U.S. military is intended to provide Russia with security guarantees because Putin knows that Europe alone cannot, is not and will not pose a substantive military threat.  Without the USA military the EU-NATO team is irrelevant.

In exchange for Putin accepting an EU-NATO security element in Ukraine, Zelenskyy will cede the Donbas region back to the care and custody of Russia.  That’s the general proposal.

According to what can be discerned by Zelenskyy’s leaks to media, Putin is open to this approach.  Russia gets the Donbas, Ukraine officially gets European military support, but all interests must accept that the USA will not be a participant in any security measure.  This is seemingly Trump approved, but this is where it gets sticky.

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In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

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Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

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A petition to reinstate Jensen Huang as the leader of NVIDIA now has over 100,000 signatures, including some big names of support like Elon Musk.  As the situation unfolds, here’s what it looks like.

First, Jensen Huang is an exceptional pioneer leading the U.S. tech sector in the advancement of ever-faster compute power.  Huang believes in free markets and global competition within the data processing field, and he believes in open source AI models that are transparent in their ability.

Huang led by building the fastest computational data processing microchips in the world, and his NVIDIA team continues to lead the world in the sector.  His products drive some of the most critical computational infrastructure in the world; he is an excellent salesman for his products and well respected.

The issues with Alice Huang and Megaspeed in Singapore don’t look as much like a “spy” operation as they do old fashioned industrial espionage, where Singapore based Megaspeed was set up to purchase large amounts of microchips from NVIDIA and back channel the product to China, a country regulated and blocked from purchasing them.

Alice Huang formed a romantic relationship with Jensen Huang and leveraged that relationship to make the purchases.

Jensen Huang was publicly very pragmatic about his products and didn’t view Chinese competition as a threat to his business model because he believed he could always out-compete them technologically.  It appears Jensen looked at China as likely to find a way to get the chips regardless of the regulatory limits the U.S. placed on Beijing.  As a consequence, he likely didn’t view his relationship with Alice as any real risk because he viewed his company as being able to outproduce a better product even if China had access.

Because Huang had a founder’s perspective on his industry, he felt his position and company was strong enough to take on any competition.  However, the board of directors at NVIDIA has a professional management perspective, born from business school outlooks and CEO training.

Business Schools teach that executive managerial skills are learned and transferrable from one company to the next.  However, a founder mentality doesn’t lead by managing his industry. Jensen pushed frontiers and created dynamic technological advancements; he didn’t manage them.

A founder versus a corporation manager is an entirely different mindset and skillset.  Without Jensen Huang leading NVIDIA the emphasis shifts and people are now starting to realize the entrepreneurial loss within the distinction.  People are starting to rally around Huang and demand the Board of Directors reverse their decision to replace him.

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Dept of Transportation Secretary Sean Duffy and FAA Administrator Bryan Bedford held a press conference today following a national ground stoppage on Friday.  Secretary Duffy explains how an update of FAA infrastructure from analog to digital created a fault that broke the FAA communication system.  WATCH:

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When I saw this, quite frankly, I didn’t know what exactly to think:

[SOURCE] – [LINK to CONTENT]

Everything cited in the document request from Senators Johnson and Grassley [LETTER HERE] has been exhaustively analyzed and not a single person attached to the events outlined has been touched.

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Follow the datapoints.  Allow unfolding appearances to lead your judgement.  There is no need to rush.

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Something is afoot.

DeSantis is being counter-messaged.

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