#MEMEAct #MEMEAct The Modern Emoluments and Malfeasance Enforcement Act (MEME Act) is a bill introduced in February 2025 by Representative Sam Liccardo (D-CA) and Senator Chris Murphy (D-CT). It aims to prohibit high-ranking federal officials in the U.S.—including the president, vice president, members of Congress, and their families—from issuing, promoting, or profiting from digital assets such as cryptocurrencies and "meme coins." The proposal emerged after former President Donald Trump launched the $TRUMP coin, offering benefits such as private dinners and visits to the White House, raising ethical and national security concerns. The bill provides for civil and criminal penalties, in addition to allowing investors to sue for losses resulting from these initiatives.