#MEMEAct The Modern Emoluments and Malfeasance Enforcement Act, or MEME Act, is a proposed U.S. federal bill introduced in early 2025 to address ethical concerns surrounding public officials' involvement in cryptocurrency ventures, particularly meme coins like $TRUMP.

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🧾 What Is the MEME Act?

The MEME Act aims to prohibit U.S. federal officials—including the President, Vice President, members of Congress, senior executive branch officials, and their immediate families—from:

Issuing, sponsoring, or promoting digital assets such as cryptocurrencies, meme coins, securities, or commodities.

Profiting from these assets, even if they were created before the bill's enactment.

The legislation also introduces provisions for civil and criminal penalties, including allowing private investors to sue for damages resulting from prohibited financial transactions