“A resolution condemning the financial entanglements of President Donald J. Trump with the $TRUMP meme coin.”
No CRS summary available for this bill.
This section states that the Senate (1) condemns President Donald J. Trump's financial entanglements with the $TRUMP meme coin for permitting covert payments to the President and Trump family—including potential investments from foreign governments and foreign nationals under federal prosecution—and for auctioning access to the Presidency in return for cryptocurrency purchases; (2) affirms that any purchase of $TRUMP by a foreign government violates the Foreign Emoluments Clause of the Constitution because President Trump did not seek Congress's consent; and (3) demands transfer of any proceeds from foreign government purchases of $TRUMP received by President Trump to the U.S. government.