👀 THE FRONT PAGE
🪖 THE ARMY
The address is "a hollow gray shell with wires dangling from the ceiling." The New York Times found it when its reporters went looking for New Matrix, a Chinese company created 17 months ago. The office park's managers had no record of the firm. Howard Lutnick's Commerce Department had approved New Matrix to assemble Nvidia's advanced chips. Jensen Huang resigned Thursday as Nvidia's president, chief executive and board member. The company gave no reason. As far as The Narativ could find, no license for the China sales he lobbied for has been pulled. New Matrix is one of four cleared firms tied to blacklisted companies or to suppliers of China's military. Commerce appears to have approved roughly two dozen Chinese firms to buy or handle Nvidia's H200 chip, the Times reported Nov. 7. New Matrix's owners have ties to a private equity fund Washington blacklisted in 2024.
🍯 THE HONEY TRAP
Kang Wei introduced Jensen Huang to Alice Huang. Kang was her husband. A Wall Street Journal report said so Thursday, citing people who know the couple, hours after Huang resigned as Nvidia's chief executive. Kang, a Shanghai fund manager, had known Huang for a decade. For two years he "appeared to accept his wife's romantic relationship with the Nvidia CEO and spoke openly of their closeness," the Journal reported. He told associates, half-jokingly, that she was Huang's personal assistant. From late 2024 to June 2025 the couple pitched data-center projects to investors.
💰 LUTNICK FACES THE AXE
Howard Lutnick runs the department that decides which Chinese companies can buy American chips. On Monday, the brokerage his family controls told the SEC it owns a third of a Beijing venture with a Chinese state company. BGC Group's quarterly report, filed Nov. 9, lists a 33% stake in China Credit BGC Money Broking, valued at $22.73 million. Reuters identified the partner, China Credit Trust, as state-owned in 2024.
🇹🇼 TAIWAN
Donald Trump had $11 billion in weapons for Taiwan on hold when he met Xi Jinping in Beijing in May. "I will make a determination," he said. The "last thing we need right now is a war that's 9,500 miles away." Trump said Xi restated China's opposition to Taiwan's independence.
🏛️ THE BALLROOM
Aaron Reitz is the top federal prosecutor in Houston. On Wednesday he wrote to a Connecticut senator about a ballroom in Washington, and he put two federal crimes in the subject line.
🗳️ COLOM
Mississippi's senator-elect claimed his win at Tougaloo College, 145 years after the state's last Black senator left office.
🧭 THE BIGGER PICTURE
Nvidia's board needed four days to remove Jensen Huang. Trump has had the spy briefing for a year. The troubling question at the nexus of all of this: Did Donald Trump and Howard Lutnick knowingly support the illegal transfer of Nvidia chips to China for use in China’s military expansion?
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EXCLUSIVE: Trump's Accounts Traded Nvidia After Both Spy Warnings
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We've got to get Lootnik and Dumpster Fire out of our government. It can't happen fast enough. The trials can come and go, but let's get them OUT! 🔥