Trump Hosts Memecoin Dinner Amid Protests from Democratic Lawmakers
Donald Trump is hosting a dinner for over 200 memecoin investors at his golf club, with attendees including notable figures like Justin Sun. The event has drawn criticism from Democratic lawmakers and advocacy groups, who are organizing protests against the perceived corruption linked to Trump's crypto ventures.
Key points include:
- The dinner reportedly costs $1 million per seat.
- Critics accuse Trump of using his position to profit from crypto investments.
- Representative Maxine Waters plans to introduce a bill aimed at prohibiting federal officials from engaging in crypto-related activities for personal gain.
- Waters' legislation faces challenges in a Republican-majority Congress.
- Senators Chris Murphy and Elizabeth Warren are also criticizing Trump's actions and support similar legislative efforts.
- Protests are scheduled outside the Capitol and near Trump's golf course under the slogan "America Is Not For Sale."
- The guest list remains undisclosed, raising concerns about foreign access to the president.
- Debate over Trump's crypto ties briefly stalled U.S. stablecoin legislation, which has since progressed in the Senate.
- Trump's team maintains that their crypto activities do not constitute conflicts of interest.