#MEMEAct The MEME Act, introduced by House Democrats on February 27, 2025, aims to bar top federal officials, including the President, Vice President, Congress members, and senior executive branch officials, from issuing, sponsoring, or endorsing securities, commodities, or digital assets like meme coins. Spearheaded by Rep. Sam Liccardo, the bill targets tokens like $TRUMP, linked to President Trump, citing ethical concerns over public officials profiting from crypto ventures. It imposes criminal and civil penalties for violations. Critics argue it addresses conflicts of interest, while supporters of $TRUMP see it as stifling innovation. The Act reflects growing regulatory scrutiny of crypto, especially as Trump’s meme coin generates millions in fees, raising questions about governance and accountability.