Pro-crypto senator pushes back on Trump's memecoin dinner — Report

Summary

Senator Cynthia Lummis and other Republicans criticized President Donald Trump for offering a dinner and White House tour to top holders of his memecoin, the TRUMP token. Lummis expressed concern about the implications of exclusive access being offered for payment. Senator Lisa Murkowski also deemed it inappropriate to charge for Capitol tours. Despite her reservations, Lummis praised Trump’s support for the BITCOIN Act, aimed at establishing a national crypto reserve. The TRUMP coin launch faced backlash over potential conflicts of interest, with critics highlighting risks of foreign influence. Senator Jon Ossoff called for Trump's impeachment, alleging the memecoin dinner constituted selling access. Speculation arose about attendees, including notable figures like Justin Sun and Elon Musk, but no confirmations were made as of May 2.

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