House Democrat Probes Trump’s TRUMP Memecoin Dinner Over Ethics and Foreign Influence Concerns
Representative Jamie Raskin, the leading Democrat on the House Judiciary Committee, has initiated an investigation into former President Donald Trump’s private dinner with investors of his OFFICIAL TRUMP memecoin. The event, hosted at Trump’s exclusive club in Washington, D.C., has sparked ethical and legal concerns, particularly regarding fund origins and potential foreign involvement.
The probe seeks to uncover the identities of attendees, examining whether foreign governments invested in the token to secure access to the WHITE House. Federal statutes bar officials from accepting gifts from foreign entities, adding legal gravity to the inquiry.
The controversy arose from a promotion granting top TRUMP token holders exclusive perks, including a White House tour for the top 25 investors. Lawmakers warn this arrangement could jeopardize national security by creating a covert channel for foreign interests.