Senate Showdown Over Trump’s $TRUMP Meme Coin Exposes Crypto’s Political Power Play

A Senate hearing turned contentious as legislators examined former President Donald Trump's cryptocurrency connections via his $TRUMP meme coin. Senator Jeff Merkley grilled Attorney General Bondi about possible foreign guests at a White House dinner for major $TRUMP investors, specifically mentioning Tron founder Justin Sun's attendance.

The clash highlights growing worries about digital assets' involvement in political fundraising and foreign influence. Bondi sidestepped the questions by shifting focus to Department of Justice budget matters, leaving crypto-related concerns unaddressed.

This event demonstrates how meme coins have transformed from online jokes into potential political tools. The prominence of the $TRUMP token marks cryptocurrency's expanding influence in mainstream politics, raising questions about campaign finance rules and national security oversight.