#MEMEAct The Modern Emoluments and Malfeasance Enforcement (MEME) Act, introduced in the House of Representatives, aims to prevent public officials and their families from profiting from digital assets, including cryptocurrencies and memecoins. This bipartisan bill seeks to extend the Emoluments Clause, prohibiting financial gains derived from public office. If enacted, the MEME Act would bar elected officials, their spouses, and dependent children from issuing, promoting, or benefiting from such assets during their service. Violators would face penalties, including the forfeiture of any illicit profits, even retroactively. The bill reflects concerns about potential conflicts of interest and undue influence in the financial markets.