U.S. Sen. Chris Murphy (D-CT) wants to ban presidents and members of Congress from selling meme coins. He and U.S. Representative Sam Liccardo (D-CA-16) on the House side have introduced the ...

Also Tuesday, Sen. Chris Murphy introduced legislation to "prevent corrupt federal officials from using their position to profit off digital assets such as meme coins." "The Trump meme coin is the ...

Sen. Chris Murphy, D-Conn., on Tuesday announced he had introduced the “Modern Emoluments and Malfeasance Enforcement Act,” or “MEME Act,” targeting federal officials who release meme coins.

“Trump’s meme coin — it’s the most unethical, the most corrupt thing a president of the United States has ever done,” Murphy said. “It’s essentially a way for any corporate ...

WASHINGTON D.C., DC — Connecticut Sen. Chris Murphy is pushing for legislation to prevent presidents from profiting from "meme coins." Sen. Richard Blumenthal also announced Tuesday that the ...

a direct shot at Trump’s rollout of a satirical meme coin tied to a political gala in Washington, D.C. Murphy said the measure is meant to prevent a situation where “very powerful, very rich ...

Democratic Connecticut Senator Chris Murphy's bill on Tuesday would prohibit U.S. President Donald Trump from promoting his meme coin. The MEME Act would apply broadly to securities and digital assets ...