$TRUMP Emoluments and Malfeasance Enforcement Act) is an American bill introduced by Democratic Senator Chris Murphy. It aims to prohibit high-ranking federal officials — including the president, members of Congress, and their families — from creating, promoting, or profiting from crypto-assets such as meme coins or stablecoins.  

This initiative follows the controversy surrounding cryptocurrencies $TRUMP and that of his wife.., launched by Donald Trump and his associates. These tokens reportedly allowed the Trump family to generate significant income, while many investors suffered substantial losses. The MEME Act thus seeks to prevent conflicts of interest and strengthen ethics in politics by preventing public officials from profiting from their position to influence cryptocurrency markets.