#MEMEAct The MEME Act, formally the Modern Emoluments and Malfeasance Enforcement Act, was introduced by Congressman Sam Liccardo in February 2025. This bill aims to prevent federal officials, including the President, Vice President, Congress members, and senior executive branch officials, along with their families, from issuing, sponsoring, or endorsing digital assets or securities.
The goal is to stop potential financial exploitation of public office, address concerns about insider trading and undue foreign influence. Violators could face civil and criminal penalties. The Act responds to the rise of political meme coins and seeks to ensure public trust by limiting officials' ability to profit from their positions in the financial markets.