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White House weighs in on why Trump plans to attend memecoin dinner

  • Donald Trump plans to host an exclusive dinner on May 22 at his Washington, D.C. Golf club for about 200 top investors in his memecoin $TRUMP.
  • $TRUMP launched shortly before Trump’s inauguration has attracted large purchases, many from foreign wallets using exchanges unavailable to U.S. Residents.
  • The meme coin has generated hundreds of millions in fees and investment gains, while Senate committees investigate possible conflicts and allegations of pay-to-play corruption.
  • Senators described the scheme as “pay-to-play” corruption where foreign or wealthy interests buy tokens for privileged access to the president.
  • The controversy has delayed crypto legislation, with lawmakers debating ethics and possible new rules restricting officials from launching meme coins.
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Dinner with the President and White House Tour for TRUMP Memecoin Holders Are Facing Heavy Criticism for Conflicts of Interest.

·Viet Nam
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Donald Trump enriches himself and his environment with methods that are actually a no-go for elected politicians. Criticism is getting louder and louder.

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broadbandbreakfast.com broke the news in on Wednesday, May 7, 2025.
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