#MEMEAct #MEMEAct

🔥🚨 TRUMP MEMECOIN UPROAR IGNITES SENATE SHOWDOWN! 🚨🔥

🏛️ Legislative Clash: Senator Chris Murphy (D-CT) has introduced the MEME Act, aiming to bar President Trump—and other high-ranking officials—from promoting or profiting from “presidential coins” like the controversial $TRUMP memecoin. He calls it a clear conflict of interest.

🎯 Ethics in Question: Critics warn Trump’s simultaneous push for crypto deregulation while backing a token tied to his name risks crossing into “crypto corruption,” triggering urgent demands for ethical guardrails.

⚖️ Cross-Party Concerns: Even some Senate Republicans are growing wary. The idea of a sitting president profiting off volatile digital assets has sparked fears of eroding public trust in U.S. economic leadership.

💥 Crypto Gridlock: The fallout is already hitting broader crypto legislation. Senate Democrats have pulled support from a key stablecoin framework, citing AML and foreign investment concerns tied to Trump-affiliated ventures.

🗣️ Warren Weighs In: Senator Elizabeth Warren is urging fellow Democrats to stay the course on smart crypto regulation—not a blanket ban. She’s pushing for stablecoin rules that balance innovation with consumer protection.

🤯 Market Moves: The political firestorm rippled across markets—Bitcoin slipped 1.2%, while memecoin trading volumes spiked 18% as speculators chased the frenzy.

🔮 What’s Next: Expect Senate hearings to resume under fresh leadership, with new proposals focused on drawing firm ethical lines between public office and private crypto gains. Will the MEME Act become law? 👀