Senator Warren Slams Trump’s $TRUMP Meme Coin Event as Political Ethics Violation

Senator Elizabeth Warren has strongly criticized former President Donald Trump’s cryptocurrency-themed gala, calling it a clear ethical breach. The event, featuring a $TRUMP meme coin dinner for 220 investors, was labeled by Warren as a way for "anonymous whales to buy presidential access."

At a May 22 press conference, Warren connected the gathering to Trump’s broader pattern of monetizing political influence through crypto. "Americans didn’t elect us to help Trump turn the White House into a crypto ATM," she declared, tying the incident to pending bills like the GENIUS Act.

The controversy has reignited stablecoin regulation debates, with lawmakers reportedly weighing stricter oversight. Warren’s comments highlight escalating tensions between crypto adoption and political accountability during election seasons.