$TRUMP
The Modern Wage Law and its Enforcement and Abuse Prevention, introduced by Senator Chris Murphy to curb financial misconduct by federal officials. This law prohibits public officials and their families from issuing or promoting financial instruments such as cryptocurrencies, non-fungible tokens, or securities for personal gain. Violators will face civil penalties of up to $250,000 and criminal charges for damages exceeding $1 million. This law has raised concerns about meme coins like $TRUMP and aims to prevent officials from exploiting their public positions for profit. While some praise its intentions, others see it as a restriction.