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Home»Regulation»House Democrats want to shoot Trump Memecoin with proposed meme law: report
Regulation

House Democrats want to shoot Trump Memecoin with proposed meme law: report

2025-02-27No Comments2 Mins Read
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A first -year member of California Democrat Congress proposes legislation to prevent legislators from benefiting MEME activa.

According to reports from ABC and AP News, representative Sam Liccardo (D-CA) introduces the modern emoluments and malfeasance enforcement (meme) act to prevent legislators from benefiting from memecoins.

The bill seems aimed at Donald Trump, who has benefited Trump, despite the fact that the Meme activum has seen billions of value leave after the launch earlier this year. Some analysts have accused the chosen officer of officializing a rug.

The bill would also prevent family members, such as Melania Trump, launching Meme activa. The First Lady also released a memecoin last month that also suffered a big crash after an alleged carpet trekking. The team behind Melania is now connected to other well -known schemes.

Says representative Liccardo of the alleged crypto -political corruption,

‘Let’s make corruption criminal again. Our public offices belong to the public, not the office holders, nor can they use their political authority for financial gain. The issue of Meme -Me -Mits van de Trump financially exploits the public for personal gain and increases the ghost of trade with prior knowledge and foreign influence on the executive …

That behavior is so obvious unethical that it raises the question why there is not enough prohibition. ‘

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See also  US Banks Can Hold Bitcoin and Crypto Under Incoming Trump Executive Order: Report
Democrats House Law meme MEMECOIN Proposed report Shoot Trump
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