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Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
Democratic lawmakers launch fierce attacks, Bessant admits mistake: "Tariffs raising inflation" is incorrect
Odaily Planet Daily News: U.S. Treasury Secretary Scott Bessent on Wednesday admitted under questioning from several Democratic lawmakers that he and his firm, Key Square, falsely claimed in January 2024—before Trump’s re-election—that “tariffs are inflationary.”
During a often tense hearing before the House Financial Services Committee, Bessent was questioned about this document and expressed a desire to correct the record.
“If I was wrong before, I am willing to correct it. The statement I made at the time that tariffs could trigger inflation was indeed incorrect,” said Bessent, a Trump appointee, to the lawmakers.