U.S. Senator Tim Scott subpoenas Jensen Huang and Howard Lutnick to testify on the Nvidia controversy

Senate Banking Committee Chairman Tim Scott on Thursday demanded that ousted Nvidia CEO Jensen Huang and Commerce Secretary Howard Lutnick appear before the committee next month. Scott sent letters to Huang and Lutnick on Thursday evening requesting that they each appear at Banking Committee hearings, kicking off two high-profile oversight hearings next month. The letters come as scrutiny of both men intensifies on Capitol Hill. Republicans have grown increasingly concerned about Lutnick's handling of chip policy at the Commerce Department, and Huang earlier on Thursday stepped down as Nvidia CEO. The letter to Huang warned that a subpoena would be issued if he did not appear voluntarily. Scott wants Huang to testify before the Senate Banking Committee on December 3.