#MEMEAct

Legislation will prohibit the president, vice president, members of Congress, high-ranking administrative officials, and their relatives from issuing, sponsoring, or endorsing any financial assets, including securities, futures, commodities, and digital assets.

"Trump memecoin is the most corrupt act ever committed by a president," Murphy stated on Tuesday. "Donald Trump is essentially putting up his Venmo so that any CEO or foreign oligarch can secretly send him millions of dollars."