The MEME Bill, presented by the House Democrats in February 2025, aims to prohibit high-ranking federal officials, including the President, the Vice President, members of Congress, high-ranking executive branch officials, and their spouses or dependent children, from issuing, sponsoring, or endorsing securities, commodities, or digital assets such as memecoins (for example, $TRUMP). The bill, led by Congressman Sam Liccardo, aims to prevent corruption, bribery, or extortion through financial instruments, with criminal and civil penalties for violations
