# 119-sres-245: A resolution condemning the financial entanglements of President Donald J. Trump with the $TRUMP meme coin.

119-sres-245, A resolution condemning the financial entanglements of President Donald J. Trump with the $TRUMP meme coin., is a 119th Congress bill sponsored by Sen. Blumenthal, Richard [D-CT] (D-CT); status introduced (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-sres-245
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-sres-245
- Congress: 119
- Title: A resolution condemning the financial entanglements of President Donald J. Trump with the $TRUMP meme coin.
- Status: introduced
- Introduced: 2025-05-21
- Sponsor: Sen. Blumenthal, Richard [D-CT] (D-CT)
- Cosponsors: 0
- Policy area: Government Operations and Politics
- Touches household money: no
- Last recorded action: 2025-12-21

## 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. - 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.

## Related bills

- 119-s-5238: For Our Republic Act
- 119-s-5071: Children's Safe Welcome Act of 2026
- 119-s-2838: Protecting Our Democracy Act
- 119-s-2819: Head Start for America's Children Act
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-5283: Momnibus Act

## Sources
- [119-sres-245 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-resolution/245)

## Related
- [119-s-5238: For Our Republic Act](https://policyrisk.com/legislation/119-s-5238)
- [119-s-5071: Children's Safe Welcome Act of 2026](https://policyrisk.com/legislation/119-s-5071)
- [119-s-2838: Protecting Our Democracy Act](https://policyrisk.com/legislation/119-s-2838)
- [119-s-2819: Head Start for America's Children Act](https://policyrisk.com/legislation/119-s-2819)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-sres-245 (as of 2025-12-21).