Democrat Leader Investigates Trump’s $TRUMP Memecoin Dinner Over Potential Corruption
Jamie Raskin, the top Democrat on the House Judiciary Committee, has intensified scrutiny over Donald Trump’s recent dinner with investors in his $TRUMP memecoin. In a letter to the former president, Raskin called for full disclosure of attendees and funding sources, warning of possible breaches of foreign emoluments clauses.
This action is part of wider Democratic efforts to examine cryptocurrency-linked political access. Senators Elizabeth Warren, Chris Murphy, and Richard Blumenthal have also joined the inquiry, with particular focus on TRON founder Justin Sun’s role. Given Republican control of Congress, the probe’s immediate effects are limited unless Democrats secure legislative majorities in the 2024 elections.