Sarah Suleiman
--
Trump is 'selling out America,' Democrats argue in protest hours ahead of the president's memecoin gala
Democratic lawmakers demanded President Donald Trump release the list of people attending a gala — hours ahead of a dinner hosted by the president for the top holders of his memecoin.
During a press conference on Thursday, Democrats including Sens. Elizabeth Warren of Massachusetts, Richard Blumenthal of Connecticut, Chris Murphy of Connecticut, Rep. Sam Liccardo of California alongside consumer advocacy organizations, blasted an event set to be held later on Thursday at Trump's private golf club.
"The American people have no idea who is buying access to the president and no idea what they are getting in return," Warren said.
On Thursday night, Trump will host the top 220 owners of his memecoin at his private golf club outside of the nation's capital. Trump first launched his memecoin, $
TRUMP -0.65%
, days ahead of his inauguration. That, along with the president's other crypto interests, including a recently launched stablecoin through Trump-backed World Liberty Financial, have garnered criticism from Democrats as lawmakers work to draft legislation to regulate stablecoins and crypto at large.
The price for attending the gala is between $55,000 and $37.7 million, according to NBC News. Though many of the attendees are anonymous, crypto entrepreneur Justin Sun has said he would be going to the gala, in a post on X.
Blumenthal accused the Trump administration of hiding who has been invited to the gala and said some attendees could be coming from foreign powers and governments. This, he argues, represents a breach of trust for the American people and raises the specter of misaligned incentives.
"Donald Trump is selling access," Blumenthal said. "He is selling out America. He is selling it to foreign powers. He is putting our national security at risk."
$BTC
$XRP
$SOL
Democratic lawmakers demanded President Donald Trump release the list of people attending a gala — hours ahead of a dinner hosted by the president for the top holders of his memecoin.
During a press conference on Thursday, Democrats including Sens. Elizabeth Warren of Massachusetts, Richard Blumenthal of Connecticut, Chris Murphy of Connecticut, Rep. Sam Liccardo of California alongside consumer advocacy organizations, blasted an event set to be held later on Thursday at Trump's private golf club.
"The American people have no idea who is buying access to the president and no idea what they are getting in return," Warren said.
On Thursday night, Trump will host the top 220 owners of his memecoin at his private golf club outside of the nation's capital. Trump first launched his memecoin, $
TRUMP -0.65%
, days ahead of his inauguration. That, along with the president's other crypto interests, including a recently launched stablecoin through Trump-backed World Liberty Financial, have garnered criticism from Democrats as lawmakers work to draft legislation to regulate stablecoins and crypto at large.
The price for attending the gala is between $55,000 and $37.7 million, according to NBC News. Though many of the attendees are anonymous, crypto entrepreneur Justin Sun has said he would be going to the gala, in a post on X.
Blumenthal accused the Trump administration of hiding who has been invited to the gala and said some attendees could be coming from foreign powers and governments. This, he argues, represents a breach of trust for the American people and raises the specter of misaligned incentives.
"Donald Trump is selling access," Blumenthal said. "He is selling out America. He is selling it to foreign powers. He is putting our national security at risk."
$BTC
$XRP
$SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
4
0