# 119-s-1620: MEME Act

119-s-1620, MEME Act, is a 119th Congress bill sponsored by Sen. Murphy, Christopher [D-CT] (D-CT); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-1620
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1620
- Congress: 119
- Title: MEME Act
- Status: introduced
- Introduced: 2025-05-06
- Sponsor: Sen. Murphy, Christopher [D-CT] (D-CT)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Would bar public office holders from using their office to profit by issuing or promoting financial assets.** The MEME Act would define which people and which assets are covered and would set civil and criminal penalties to deter that behavior.

## Cosponsors (3)

- Sen. Blumenthal, Richard [D-CT] (D-CT), 2025-05-14T00:00:00.000Z
- Sen. Warren, Elizabeth [D-MA] (D-MA), 2025-06-02T00:00:00.000Z
- Sen. Peters, Gary C. [D-MI] (D-MI), 2025-06-02T00:00:00.000Z

## Provisions PRIA read

- New asset promotion ban for officials: cost, low. If enacted, covered officials could not issue, sponsor, or promote certain assets for money. Covered assets would include stocks, commodities, and digital assets like cryptocurrency, meme coins, tokens, and NFTs. The ban would apply while serving and during the 180 days before and after service. Sp…
- New penalties and enforcement for officials: cost, low. If enacted, the Attorney General could sue covered or adjacent individuals in federal court. Knowing violations could bring a civil fine up to $250,000 and require disgorgement of profits to the U.S. Treasury. A knowing violation that causes $1,000,000 or more in losses could be a crime punishable…

## Related bills

- 119-s-51: Washington, D.C. Admission Act
- 119-s-5108: Right to IVF Act of 2026
- 119-s-1503: Equality Act
- 119-s-1748: Kids Online Safety Act
- 119-s-852: Richard L. Trumka Protecting the Right to Organize Act of 2025
- 119-s-5190: Restoring Justice for Workers Act

## Sources
- [119-s-1620 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1620)

## Related
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [119-s-5108: Right to IVF Act of 2026](https://policyrisk.com/legislation/119-s-5108)
- [119-s-1503: Equality Act](https://policyrisk.com/legislation/119-s-1503)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-852: Richard L. Trumka Protecting the Right to Organize Act of 2025](https://policyrisk.com/legislation/119-s-852)
- [119-s-5190: Restoring Justice for Workers Act](https://policyrisk.com/legislation/119-s-5190)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1620 (as of 2026-04-21).