The #MEME法案 is the "Modernizing Enforcement of Misconduct and Emoluments Act," initiated by California Democratic Congressman Sam Liccardo on February 27, aimed at prohibiting federal officials from issuing, sponsoring, or promoting securities, commodities, or digital assets, with violators facing criminal and civil penalties. The bill has a dozen Democratic co-sponsors. The MEME Act primarily targets the President, Members of Congress, and other senior officials, as well as their spouses and children, restricting them from issuing or sponsoring securities, commodities, and meme coins such as cryptocurrencies. The introduction of the bill is closely related to the TRUMP coin launched by Trump. On January 18, Trump announced the launch of the eponymous meme coin TRUMP, which at one point had a market value controlled by his team that exceeded 70 billion dollars, but then plummeted by 85%, resulting in losses for 200,000 retail investors.