Trump Memecoin Dinner Sparks Ethics Scrutiny Amid CLARITY Act Stalemate
The Trump family's cryptocurrency ventures are again under scrutiny as organizers behind President Donald Trump's TRUMP memecoin promote a third invitation-only dinner at the Trump National Golf Club. The Nov. 22 event is for the top 185 addresses on a leaderboard and promises an exclusive gathering with the president.
Last month, Senate legislation aimed at clarifying crypto regulations stalled due to ethics concerns tied to the president's business interests. Democratic senators warn that a midterm win could bring formal scrutiny of his family's crypto ventures.
The White House has directed questions about the dinner to Fight Fight Fight and maintains that the president's portfolio is independently managed by third-party financial institutions.