Donald Trump’s planned private meeting with top investors in the $TRUMP memecoin has triggered sharp criticism and serious ethical concerns in the U.S. Senate.

🔹 Senators Demand an Ethics Investigation

Senators Elizabeth Warren and Adam Schiff are calling on the U.S. Office of Government Ethics (OGE) to investigate Trump’s upcoming dinner with major holders of the $TRUMP token.

They argue that this event risks selling political access in exchange for investments, potentially leading to the personal enrichment of the former president and his family.

🔹 Concerns Over Corruption and Foreign Influence

Warren and Schiff warn that such arrangements could allow corporate and foreign actors to gain political influence through investments in Trump’s crypto projects.

They also question whether Trump or his family received ethical guidance on dealing with digital assets and what safeguards are in place to protect the political system from potential abuse.

🔹 Private Event Under Tight Security

The exclusive dinner is scheduled for May 22 at Trump National Golf Club, and will be open only to the top 220 holders of the $TRUMP token who pass security screenings and wallet verification.

Following the announcement, the $TRUMP token surged by over 70%, although in the past week, its price has dropped nearly 6% to around $14, according to TradingView.

🔹 Calls for Accountability and Impeachment

Senator Jon Ossoff joined Warren and Schiff in calling for Trump’s impeachment over the controversy.

However, with Republicans currently controlling the White House and Congress, efforts to hold Trump accountable are expected to face major political resistance.

While the OGE can issue ethical recommendations, it lacks enforcement authority over sitting presidents. It can refer potential violations to the Department of Justice but cannot impose direct penalties.

🔹 $TRUMP Token: Massive Gains for Trump’s Inner Circle

Since its launch in January, the $TRUMP memecoin has reportedly generated over $350 million in fees for entities linked to Trump and his inner circle.

The project’s website also notes that 80% of the token supply is held by the Trump Organization and its affiliates.

#DonaldTrump , #CryptoNewss , #TRUMP , #USGovernment , #memecoin

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