Top US politician shrugs off Trump crypto dinner concerns amid calls for probe
US House Speaker Mike Johnson dismissed concerns about President Trump's May 22 memecoin dinner, stating he was unaware of the event and refraining from commenting on it. Johnson emphasized his focus on passing a $1.6 trillion federal budget. House Democrats have called for an investigation by the Justice Department and the release of the attendee list, suspecting potential violations of federal bribery statutes and the emoluments clause due to foreign investments. Notable attendees included Tron CEO Justin Sun and BitMart CEO Sheldon Xia. Senator Elizabeth Warren criticized the dinner as an "orgy of corruption." House Democrats introduced the "Stop TRUMP in Crypto Act" to prevent Trump from profiting off crypto while in office, citing significant financial gains from his crypto ventures.
