The Modern Emoluments and Malfeasance Enforcement Act (MEME Act) is a proposed bill in the United States in May 2025, aimed at prohibiting high-ranking federal officials — including the president, vice president, members of Congress, and their families — from issuing, sponsoring, or promoting financial assets such as cryptocurrencies, meme coins, tokens, NFTs, or stablecoins. This initiative follows concerns about conflicts of interest, particularly after the launch of the meme coin $TRUMP, which reportedly generated substantial profits.
