#MEMEAct The "Modern Enforcement of Privileges and Violations" (MEME Act) bill is an American legislative initiative aimed at preventing federal officials from financially benefiting from digital assets, such as cryptocurrencies and meme-based coins. This bill was introduced in February 2025 by Democratic Congressman Sam Liccardo, in response to the launch by former President Donald Trump and his wife Melania of the TRUMP and MELANIA coins, which experienced sharp fluctuations and resulted in significant losses for investors.