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 high-ranking 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 high-ranking officials as well as their spouses and children, restricting them from issuing or sponsoring securities, commodities, and meme coins and other 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 similarly named meme coin TRUMP, which his team controlled, with the market value of 80TRUMP briefly exceeding $70 billion, but then plummeted by 85%, causing losses for 200,000 retail investors.

Congressman Liccardo stated that Trump's actions are clearly unethical, raising concerns about transparency, insider trading, and negative overseas impacts. He also compared Trump's meme coin to similar actions by other leaders, such as the Meme coin CAR from the Central African Republic, and Argentine President Javier Milei's promotion of LIBRA. However, in the currently Republican-controlled Congress, the bill has little chance of passing. Liccardo referred to the bill as a 'placeholder,' suggesting that if the Democrats gain power in the future, it may be reintroduced and pushed through, serving as a symbolic protest against evident corruption.