Senators Raise Red Flags About Trump’s Meme Coin Dinner
- Senate Republicans are raising concerns about President Donald Trump's exclusive dinner for $TRUMP meme coin investors, which includes a VIP White House tour for top holders.
- The $TRUMP meme coin's value rose over 50% after the dinner announcement, reaching a market value of $2.7 billion.
- Senator Cynthia Lummis expressed unease, stating, 'this gives me pause,' and called for regulations on digital assets like meme coins.
13 Articles
13 Articles
Private Trump dinner for meme coin holders leaves Republicans queasy: 'It's the Wild West'
Some Senate Republicans are uneasy as President Donald Trump plans an exclusive dinner and White House tour for top investors in his $TRUMP meme token, according to a NBC report. A meme coin, or meme token, is a cryptocurrency.The president announced the top 220 holders of the meme coin will be invited to a dinner at his members-only club outside Washington.The top 25 investors will get an “exclusive reception” with Trump before the dinner — and…
House Democrat Argues on Fox News That Trump ‘Is More Interested’ in His Meme Coin Than the Economy
Rep. Jake Auchincloss (D-MA) criticized President Donald Trump for prioritizing his meme cryptocurrency over addressing key economic issues facing the country on Friday. The Massachusetts Democrat joined Fox News’ The Story with Martha MacCallum when the host asked if Democrats were hoping for a recession to bolster their midterm election chances. “No, I represent 800,000 people worried about how badly the economy is managed,” Auchincloss replie…
Senators Raise Red Flags About Trump’s Meme Coin Dinner
“Some Senate Republicans are raising concerns about an exclusive dinner and White House tour President Donald Trump is offering top investors in his $TRUMP meme token,” NBC News reports. Said Sen. Cynthia Lummis (R-WY): “This is my president that we’re talking about, but I am willing to say that this gives me pause.” Added Sen. Lisa Murkowski (R-AK): “He’s got to remember that he’s living there, but it’s the people’s house, right?”
Pro-crypto senator pushes back on Trump’s memecoin dinner — Report - Invest In Crypto News
Senator Cynthia Lummis and at least one other Republican in Congress are reportedly critical of US President Donald Trump for offering the top holders of his memecoin a dinner and White House tour. According to a May 2 CNBC report, Lummis said the idea that the US president was offering exclusive access to himself and the White House for people willing to pay for it “gives [her] pause.” She wasn’t the only member of the Republican Party to be cr…
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