Two Democratic senators, Adam Schiff and Elizabeth Warren, urged the Office of Government Ethics to investigate President Trump’s upcoming dinner with top investors of his meme coin, $TRUMP. They accused him of potential “pay-to-play corruption” and exploiting his presidential position for personal financial gain. The senators expressed concern that the dinner could allow foreign interests, particularly Chinese nationals, to buy influence without disclosing identities. They questioned safeguards preventing individuals under investigation or seeking pardons from investing in Trump’s ventures. Trump’s meme coin debuted shortly before he took office, with a caution that it isn’t an investment opportunity.
Schiff and Warren demand inquiry into Trump meme coin dinner
