Bitcoin

US House members call for investigation into Trump’s memecoin dinner

The members of the House of Representatives of the United States called on the Ministry of Justice to investigate Donald Trump’s May 22 dinner for its main same investors, citing concerns about “foreign influence on American policy decisions” and “violations of corruption and potential emoluments”.

In a letter of May 22 at the Ministry of Justice, 35 members of the Chamber asked the Public Integrity Section, Edward Sullivan, to launch an investigation into the same dinner in order to determine whether it violated the Federal Corruption Act or the foreign emolument clause of the American Constitution.

Under the Emoluments clause, an American president is forbidden to accept any donation from a foreign state without the approval of the congress. Bloomberg reported that a majority of participants in the same dinner were probably foreign nationals based on their links with crypto exchanges.

“US law prohibits foreigners from contributing to American political campaigns,” said the letter. “However, the $ Trump same, including the promotion of a dinner promising exclusive access to the president, opens the door to foreign governments to buy an influence with the president, all without disclosing their identity.”

Congress, Donald Trump, investigation, same
On May 22, letter to the DOJ manager calling for Trump Memecoin dinner. Source: Representative Sean Casten

The call for a survey and a press conference asking Trump to “free the guest list” for dinner, both hours before the event, which was held at the Trump National Golf Club outside Washington, DC. A group of demonstrators, joined by senator Jeff Merkley, gathered outside the site with signs indicating “illegal crypto party” and “democracy is not for sale”.

In relation: Who attended Trump’s controversial same?

Although some of the dinner participants covered their masks to hide their identity, the demonstrators and the media members confirmed that the founder of Tron Justin Sun had appeared at the event, as well as other Trump supporters who posted on social networks. The full list of participants was not available at the time of publication.

Dinner and even has the potential to affect legislation out of the congress

In addition to the call for a DOJ investigation, Democratic legislators in the House and Senate proposed legislation to approach what they called “Trump’s cryptographic corruption”, Congress, Congress considered a bill to regulate stablecoins and a bill on market structure.

Several Democrats of the Senate who initially voted against the advancement of the Stable bill, called the Act on engineering, later took on the side of the Republicans to set up a debate in the Chamber.