Banks Demands Answers on Chip Sales to ChinaBanks’ Chip-Sales Charge Raises Questions for Commerce DepartmentBanks Presses Commerce Officials Over China Chip Exports
On November 12, Sen. Jim Banks called for Commerce Secretary Howard Lutnick and an agency official to testify about high-end chip sales to Chinese customers. Banks said the sales appeared to bypass President Donald Trump’s directive against them.On November 12, Sen. Jim Banks called for Commerce Secretary Howard Lutnick and an agency official to testify about high-end chip sales to China, saying loopholes appeared to have allowed sales despite President Donald Trump’s directive.On November 12, Sen. Jim Banks urged testimony from Commerce Secretary Howard Lutnick and an agency official, saying loopholes appeared to let high-end chips reach Chinese customers despite President Donald Trump’s directive.