A resolution condemning the financial entanglements of President Donald J. Trump with the $TRUMP meme coin.
Sponsored By: Senator Richard Blumenthal
Introduced
Summary
Financial entanglement between President Trump and the $TRUMP meme coin. This Senate resolution would condemn those ties, affirm that foreign-government purchases of $TRUMP violate the Foreign Emoluments Clause, and demand any such proceeds be turned over to the U.S. government.
Show full summary
- President and Trump family: It would condemn alleged pay-to-play access tied to $TRUMP and notes affiliates hold 80% of the coin supply valued at about $10.5 billion.
- Foreign governments: It would declare a foreign government purchase of $TRUMP a violation of the Foreign Emoluments Clause and demand any proceeds be transferred to the United States.
- Investors and public: The resolution stresses $TRUMP is a meme coin marketed as an expression of support, that its price spiked to $74.27 then fell to $7.50, and that promotions like a "Dinner with Trump" correlated with sharp trading surges.
- National security and oversight: It flags that top holders reportedly include foreign nationals and entities, citing an alleged Chinese-linked firm that raised up to $300 million and a shipping firm that raised $20 million to buy $TRUMP to influence tariff policy.
Your PRIA Score
Personalized for You
How does this bill affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Richard Blumenthal
CT • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
View on Congress.govTake It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in