#MEMEAct

The US House of Representatives is considering the "Modern Emoluments and Malfeasance Enforcement (MEME) Act"¹ ² ³:

- Aims to ban public officials and their families from endorsing digital assets like meme coins.

- Proposed by Senator Chris Murphy and Rep. Sam Liccardo in response to President Trump’s crypto ventures.

- Targets concerns over insider trading, foreign influence, and corruption.