#MEMEAct The Modern Emoluments and Malfeasance Enforcement (MEME) Act, introduced by House Democrats on May 6, 2025, seeks to prohibit U.S. presidents, vice presidents, members of Congress, and their immediate families from creating, endorsing, or profiting from digital assets like cryptocurrencies. This legislation directly targets the Trump family's involvement in meme coins such as \$TRUMP and \$MELANIA, which have faced criticism for potential conflicts of interest and ethical concerns. The MEME Act aims to prevent public officials from leveraging their positions for personal financial gain through digital assets. While the bill faces challenges in the current Republican-controlled House, it reflects growing concerns over political figures'