The Democratic Party of the United States is acting for the TRUMP currency! Will it become history?

The launch of the TRUMP token by U.S. President Donald Trump has had a significant impact both in the United States and around the world. The decision to issue Trump’s own token has received both strong support and heavy criticism. While criticisms against Trump continue, the Democratic Party in the U.S. House of Representatives is planning to introduce a bill prohibiting government officials from issuing memecoins similar to Trump’s. California representative Sam Liccardo responded to ABC News on February 27 that Democratic House members are preparing to introduce the Modern Profit Enforcement and Misconduct Act (MEME), which would prohibit government officials from issuing and benefiting from digital assets. Liccardo said that the Democratic Party is taking action as soon as they realize that hundreds of thousands of investors are heavily affected and billions of dollars are disappearing rapidly. Liccardo noted that the MEME Act prohibits the President of the United States, Vice President, members of Congress, senior executive branch officials and their dependent spouses and children from issuing, endorsing or authenticating securities, futures contracts, commodities or digital assets. “So let’s turn corruption into a crime again. Our public authorities belong to the public, not to the officials, and they should not use their political power to profit. Trump’s release of memecoin exploits public finances for personal profit and raises concerns about insider trading and foreign influence on the judicial branch.” Liccardo declared that they want to impose criminal and civil penalties on those who violate the regulations, along with related public obligations, and prevent them from profiting from assets issued before the law takes effect. This is also of great concern to TRUMP coin.