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U.S. Treasury Secretary Bessent said that Nvidia (NVDA.O) leadership needs a major overhaul after Jensen Huang was removed from his position. Bessent said that given the successive allegations against Nvidia, the company should consider looking externally for new leadership. He said: "That leads me to believe that the board, in its search for new leadership, should look outside the company. They need a major overhaul of leadership." Bessent also said he wants to know whether Nvidia deliberately ignored warning signs about shell companies. Bessent said: "What I always want to press on is, what kind of corporate culture exists inside Nvidia? Did they actively push these seemingly illegal sales transactions in order to inflate revenue and profit?" He added: "I believe the board and outside legal counsel need to provide answers within the next 10 days."