{"id":"1794598358409-news-segment","slug":"trump-nvidia-stock-conflict-sparks-cabinet-feud","title":"Trump Nvidia Stock Conflict Sparks Cabinet Feud","summary":"Donald Trump bought up to $5 million of Nvidia stock before his administration revoked a Biden-era rule limiting Nvidia's ability to sell advanced AI chips to China, according to a Guardian analysis. Separately, Treasury Secretary Scott Bessent says he favored for months blacklisting Megaspeed, a China-linked data firm, to stop Nvidia exporting advanced chips to Beijing, and he blamed Commerce Secretary Howard Lutnick's department for the delay.\n\nThe rollback of export limits benefited Nvidia, and the stock purchase raises conflict-of-interest questions. Delays in the Megaspeed blacklisting have also fueled public blame between the Treasury and Commerce departments.\n\nHundreds of people did gather at the Hakimpur checkpost in North 24 Parganas, West Bengal, as the new BJP government began its “detect, delete and deport” crackdown on undocumented migrants. BSF data later showed 150 people were checked there in one day.\n\nTreasury Secretary Scott Bessent said he had favored blacklisting China-linked data firm Megaspeed “for months” to stop Nvidia exporting advanced chips to Beijing, and he blamed Commerce Secretary Howard Lutnick's department for the delay.\n\nA Guardian analysis found Donald Trump bought up to $5 million of Nvidia stock before his administration revoked a Biden-era rule that limited Nvidia's ability to sell advanced AI chips to China.\n\nThe Guardian reports that families are clearing David Walliams books from their homes, and some independent bookshops had already stopped stocking his titles after sexual offence allegations.\n\nLondon's Metropolitan police have opened a criminal investigation into David Walliams over alleged serious sexual offences, according to The Guardian; Walliams has denied the allegations.","publishedAt":"2026-11-13T19:32:38.409Z","channel":{"id":"news","name":"Oncast News","language":"en"},"show":"Washington","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: Hundreds of people did gather at the Hakimpur checkpost in North 24 Parganas, West Bengal, as the new BJP government began its “detect, delete and deport” crackdown on undocumented migrants. BSF data later showed 150 people were checked there in one day.\nSource: [thehindu.com](https://www.thehindu.com/news/national/west-bengal/hundreds-gather-near-west-bengals-hakimpur-border-as-bjp-govt-begins-crackdown-on-illegal-bang (https://x.com/VVipinpatel/status/2118934674919829849)\n\nTRUE: Treasury Secretary Scott Bessent said he had favored blacklisting China-linked data firm Megaspeed “for months” to stop Nvidia exporting advanced chips to Beijing, and he blamed Commerce Secretary Howard Lutnick's department for the delay.\nSource: [theguardian.com](https://www.theguardian.com/us-news/live/2026/nov/13/us-politics-latest-news-updates-democrats-republicans-donald-trump-van-hollen-chuck-schum (https://www.theguardian.com/us-news/live/2026/nov/13/us-politics-latest-news-updates-democrats-republicans-donald-trump-van-hollen-chuck-schumer)\n\nTRUE: A Guardian analysis found Donald Trump bought up to $5 million of Nvidia stock before his administration revoked a Biden-era rule that limited Nvidia's ability to sell advanced AI chips to China.\nSource: [theguardian.com](https://www.theguardian.com/us-news/2026/nov/13/trump-nvidia-stock-jensen-huang-us-china) NAMES: Nvidia = American chipmaker. (https://www.theguardian.com/us-news/2026/nov/13/trump-nvidia-stock-jensen-huang-us-china)\n\nTRUE: The Guardian reports that families are clearing David Walliams books from their homes, and some independent bookshops had already stopped stocking his titles after sexual offence allegations.\nSource: [theguardian.com](https://www.theguardian.com/uk-news/2026/nov/13/families-clear-homes-of-david-walliams-books-after-sexual-offence-allegations) NAMES: David Wa (https://www.theguardian.com/uk-news/2026/nov/13/families-clear-homes-of-david-walliams-books-after-sexual-offence-allegations)\n\nTRUE: London's Metropolitan police have opened a criminal investigation into David Walliams over alleged serious sexual offences, according to The Guardian; Walliams has denied the allegations.\nSource: [theguardian.com](https://www.theguardian.com/uk-news/2026/nov/13/david-walliams-allegations-met-police-investigation) NAMES: David Walliams = British comedian  (https://www.theguardian.com/uk-news/2026/nov/13/david-walliams-allegations-met-police-investigation)","claims":[{"verdict":"TRUE","summary":"Hundreds of people did gather at the Hakimpur checkpost in North 24 Parganas, West Bengal, as the new BJP government began its “detect, delete and deport” crackdown on undocumented migrants. BSF data later showed 150 people were checked there in one day.","sourceName":"[thehindu.com](https://www.thehindu.com/news/national/west-bengal/hundreds-gather-near-west-bengals-hakimpur-border-as-bjp-govt-begins-crackdown-on-illegal-bang","sourceUrl":"https://x.com/VVipinpatel/status/2118934674919829849","claim":"West Bengal Border On High Alert! 😳🚨 Hundreds Gather At Hakimpur Border Amid Crackdown On Suspected Illegal Immigrants! 🇮🇳🔥 Tensions are rising near the Hakimpur checkpost in West Bengal’s North 24 Parganas district as authorities intensify action against suspected https://t","author":"Vipin patel 🚩 (@VVipinpatel)"},{"verdict":"TRUE","summary":"Treasury Secretary Scott Bessent said he had favored blacklisting China-linked data firm Megaspeed “for months” to stop Nvidia exporting advanced chips to Beijing, and he blamed Commerce Secretary Howard Lutnick's department for the delay.","sourceName":"[theguardian.com](https://www.theguardian.com/us-news/live/2026/nov/13/us-politics-latest-news-updates-democrats-republicans-donald-trump-van-hollen-chuck-schum","sourceUrl":"https://www.theguardian.com/us-news/live/2026/nov/13/us-politics-latest-news-updates-democrats-republicans-donald-trump-van-hollen-chuck-schumer","claim":"Bessent blames Lutnick’s commerce department over delay blacklisting China-linked data firm – US politics live - Treasury secretary says he was in favor ‘for months’ of putting Megaspeed on blacklist to stop Nvidia exporting advanced chips to Beijing Howard Lutnick under pressure","author":"The Guardian"},{"verdict":"TRUE","summary":"A Guardian analysis found Donald Trump bought up to $5 million of Nvidia stock before his administration revoked a Biden-era rule that limited Nvidia's ability to sell advanced AI chips to China.","sourceName":"[theguardian.com](https://www.theguardian.com/us-news/2026/nov/13/trump-nvidia-stock-jensen-huang-us-china) NAMES: Nvidia = American chipmaker.","sourceUrl":"https://www.theguardian.com/us-news/2026/nov/13/trump-nvidia-stock-jensen-huang-us-china","claim":"Trump bought up Nvidia stock as he decided on policy that would benefit chipmaker - President purchased up to $5m of stock before revoking Biden-era rule that limited Nvidia’s ability to sell to China Donald Trump bought Nvidia stock worth millions of dollars as he made decisions","author":"The Guardian"},{"verdict":"TRUE","summary":"The Guardian reports that families are clearing David Walliams books from their homes, and some independent bookshops had already stopped stocking his titles after sexual offence allegations.","sourceName":"[theguardian.com](https://www.theguardian.com/uk-news/2026/nov/13/families-clear-homes-of-david-walliams-books-after-sexual-offence-allegations) NAMES: David Wa","sourceUrl":"https://www.theguardian.com/uk-news/2026/nov/13/families-clear-homes-of-david-walliams-books-after-sexual-offence-allegations","claim":"Families clear homes of David Walliams books after sexual offence allegations - Parents take action while independent bookshops say they had already stopped stocking his titles In Sarah’s house, David Walliams has been a bedtime staple for years. Her children, aged eight, six and","author":"The Guardian"},{"verdict":"TRUE","summary":"London's Metropolitan police have opened a criminal investigation into David Walliams over alleged serious sexual offences, according to The Guardian; Walliams has denied the allegations.","sourceName":"[theguardian.com](https://www.theguardian.com/uk-news/2026/nov/13/david-walliams-allegations-met-police-investigation) NAMES: David Walliams = British comedian ","sourceUrl":"https://www.theguardian.com/uk-news/2026/nov/13/david-walliams-allegations-met-police-investigation","claim":"Police launch investigation into David Walliams over alleged serious sexual offences - Met police say allegations are separate from those made by multiple women in Guardian and ITV investigation The Metropolitan police have launched a criminal investigation into David Walliams ov","author":"The Guardian"}]},"sources":[{"url":"https://x.com/VVipinpatel/status/2118934674919829849","name":"[thehindu.com](https://www.thehindu.com/news/national/west-bengal/hundreds-gather-near-west-bengals-hakimpur-border-as-bjp-govt-begins-crackdown-on-illegal-bang","kind":"x","verdict":"TRUE","author":"Vipin patel 🚩 (@VVipinpatel)"},{"url":"https://www.theguardian.com/us-news/live/2026/nov/13/us-politics-latest-news-updates-democrats-republicans-donald-trump-van-hollen-chuck-schumer","name":"[theguardian.com](https://www.theguardian.com/us-news/live/2026/nov/13/us-politics-latest-news-updates-democrats-republicans-donald-trump-van-hollen-chuck-schum","kind":"news","verdict":"TRUE","author":"The Guardian"},{"url":"https://www.theguardian.com/us-news/2026/nov/13/trump-nvidia-stock-jensen-huang-us-china","name":"[theguardian.com](https://www.theguardian.com/us-news/2026/nov/13/trump-nvidia-stock-jensen-huang-us-china) NAMES: Nvidia = American chipmaker.","kind":"news","verdict":"TRUE","author":"The Guardian"},{"url":"https://www.theguardian.com/uk-news/2026/nov/13/families-clear-homes-of-david-walliams-books-after-sexual-offence-allegations","name":"[theguardian.com](https://www.theguardian.com/uk-news/2026/nov/13/families-clear-homes-of-david-walliams-books-after-sexual-offence-allegations) NAMES: David Wa","kind":"news","verdict":"TRUE","author":"The Guardian"},{"url":"https://www.theguardian.com/uk-news/2026/nov/13/david-walliams-allegations-met-police-investigation","name":"[theguardian.com](https://www.theguardian.com/uk-news/2026/nov/13/david-walliams-allegations-met-police-investigation) NAMES: David Walliams = British comedian ","kind":"news","verdict":"TRUE","author":"The Guardian"}],"url":"https://oncast.fm/story/1794598358409-news-segment-trump-nvidia-stock-conflict-sparks-cabinet-feud","listenUrl":"https://oncast.fm/c/news","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1794598358409-news-segment-trump-nvidia-stock-conflict-sparks-cabinet-feud","cite":"Cite https://oncast.fm/story/1794598358409-news-segment-trump-nvidia-stock-conflict-sparks-cabinet-feud and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Bella","text":"The Guardian is out with a look at the President's stock portfolio, and it lands right in the middle of a fight inside his own cabinet."},{"host":"Brian","text":"Because nothing says 'drain the swamp' like buying Nvidia stock right before you help Nvidia."},{"host":"Bella","text":"The analysis says Trump bought up to five million dollars of Nvidia before his administration rolled back a Biden-era rule that limited chip sales to China."},{"host":"Brian","text":"So the rule that was holding back Nvidia's China revenue disappears, and suddenly the stock looks a lot better."},{"host":"Bella","text":"The White House hasn't commented yet. But the timing is the story."},{"host":"Brian","text":"And here's the part I can't get over: his own Treasury Secretary is now publicly blaming the Commerce Department for being too slow on China."},{"host":"Bella","text":"Scott Bessent says he wanted to blacklist a China-linked data firm called Megaspeed for months, to stop Nvidia chips from reaching Beijing."},{"host":"Brian","text":"Months! And he says Howard Lutnick's team sat on it."},{"host":"Bella","text":"So you've got the President personally invested in a company, and his own people fighting over whether that company is selling too much to China."},{"host":"Brian","text":"Forget the optics. This is exactly the kind of conflict that makes voters think the whole system is rigged."},{"host":"Bella","text":"But hold on. Trump's been a public figure for decades. His businesses, his brand, his stock moves... he's never hidden his money."},{"host":"Brian","text":"That's not the point! The point is he's making policy decisions that directly affect a company he owns a chunk of. That's the textbook definition of a conflict."},{"host":"Bella","text":"But is it any different from a senator who owns defense stocks voting on a defense bill? Or a governor with business interests when he cuts regulations?"},{"host":"Brian","text":"There's a difference between broad sector exposure and buying stock in one company right before you help that one company."},{"host":"Bella","text":"Come on, Brian. You don't think he had advisors telling him this would look bad?"},{"host":"Brian","text":"I think he doesn't care how it looks. And maybe he's right that his base doesn't either. But it normalizes the swamp."},{"host":"Bella","text":"You call it the swamp. I call it a guy who's been playing the markets his whole life and doesn't see the problem."},{"host":"Brian","text":"Then we have to agree to disagree, because I think the conflict is glaring."},{"host":"Bella","text":"Here's the kicker, though. Even if you think the stock buy was wrong, the policy itself — allowing more chip sales to China — was probably the right call."},{"host":"Brian","text":"I'm not so sure. China is a strategic rival. We just spent years trying to keep the most advanced chips out of their military."},{"host":"Bella","text":"But Nvidia's not selling weapons. These are commercial AI chips. If we don't sell, someone else will."},{"host":"Brian","text":"That's a race to the bottom. The point of the export controls was to slow China's AI progress. Period."},{"host":"Bella","text":"And the point of American business is to sell. You can't have it both ways — punishing China and propping up our own tech sector at the same time."},{"host":"Brian","text":"We've had export controls since the Cold War. This isn't new. The question is whether your personal stock gains should shape that policy."},{"host":"Bella","text":"Moving to a completely different kind of fight: in West Bengal..."},{"host":"Brian","text":"Hundreds of people gathered near a border checkpost as the new state government starts cracking down on undocumented migrants."},{"host":"Bella","text":"The Hindu reports the crowd was at Hakimpur in North 24 Parganas. The BJP government says it's a 'detect, delete and deport' operation."},{"host":"Brian","text":"Border Security Force data later showed 150 people were checked there in a single day."},{"host":"Bella","text":"That's a huge number for one small post. And it tells you how many people are moving across that border."},{"host":"Brian","text":"This is the kind of policy that plays to the base but creates real humanitarian chaos on the ground."},{"host":"Bella","text":"Or it's finally enforcing a border that's been ignored for too long. Which is it?"},{"host":"Brian","text":"I'd say you can enforce a border without rounding up people at random checkposts and causing panic."},{"host":"Bella","text":"And I'd say when you announce 'deport,' people who are here illegally tend to panic. That might be the point."},{"host":"Brian","text":"There's a difference between panic and fear. This looks like fear."},{"host":"Bella","text":"One more immigration story, and it's a strange one: a Democratic plan that sounds almost... Republican."},{"host":"Brian","text":"A post going around lists border security, visa reform, asylum reform, mandatory work verification, and criminal deportation enforcement."},{"host":"Brian","text":"It's sarcasm, but there's a point underneath it. Democrats are moving right on immigration because their voters are worried."},{"host":"Bella","text":"Or because they lost the last election and they're trying to win back the middle."},{"host":"Brian","text":"Either way, it's a sign of how far the Overton window has shifted. That list could have come from a Republican in 2015."},{"host":"Bella","text":"Let's stay on the topic of people making claims on X. There's a post about Stephen Miller's 'vision' for immigration."},{"host":"Brian","text":"It lists mass deportations, ending birthright citizenship for many, stripping citizenship from naturalized Americans, and restricting asylum."},{"host":"Bella","text":"We can't verify the '3,000 arrests a day' number or that he's chief of staff. But Miller has pushed hardline immigration policies for years."},{"host":"Brian","text":"He's the architect of the hardline approach. The question is whether the White House will actually deliver that scale of deportation."},{"host":"Bella","text":"Logistics alone would be a nightmare. You can't arrest that many people a day without massive federal resources."},{"host":"Brian","text":"And the backlash would be enormous. But for Miller and his allies, that's a feature, not a bug."},{"host":"Bella","text":"Let's move to a totally different headline from The Guardian: families are clearing David Walliams books from their homes."},{"host":"Brian","text":"The children's author and comedian is facing sexual offence allegations, and now police have opened a criminal investigation."},{"host":"Bella","text":"The Guardian says some independent bookshops had already stopped stocking his titles. Walliams denies the allegations."},{"host":"Brian","text":"This is the pattern we've seen before, but it's still jarring when it's someone whose books are on every school shelf."},{"host":"Bella","text":"And for parents, it's an instant gut reaction: get the books out of the house. You don't wait for a conviction."},{"host":"Brian","text":"It's a terrible situation all around. If he's innocent, the damage is done. If he's guilty, the damage is far worse."},{"host":"Bella","text":"And that's where we'll leave it for now. Next up: the fight between the Treasury and Commerce chiefs, and whether the President's portfolio should matter."}]}