As of May 2025, the U.S. Congress has introduced the "Modern Compensation and Misconduct Enforcement Act" (MEME Act), aimed at prohibiting the President, Vice President, members of Congress, and their immediate family members from issuing, promoting, or investing in cryptocurrency assets, such as meme coins and stablecoins. The bill was introduced by Senator Chris Murphy and Representative Sam Liccardo, targeting former President Donald Trump's family for their issuance of the $TRUMP meme coin through World Liberty Financial and a $2 billion stablecoin deal with an Abu Dhabi company, raising concerns over conflicts of interest and national security. There are concerns within the Democratic Party regarding this, leading to a slowdown in the progress of the "GENIUS Act," which initially had bipartisan support. Although the Republican Party has expressed reservations, some members, such as Senator Cynthia Lummis, have also shown concern over officials holding cryptocurrency assets, indicating the possibility of seeking consensus between both sides on cryptocurrency regulation issues.