US lawmaker introduces anti-corruption bill ahead of Trump's dinner
Summary
California Representative Maxine Waters plans to introduce the Stop Trading, Retention, and Unfair Market Payoffs (TRUMP) in Crypto Act of 2025. The legislation aims to prevent the US President, Vice President, members of Congress, and their families from engaging in crypto-related activities deemed corrupt. Waters highlighted Donald Trump and his family's involvement in issuing personal memecoins and launching a stablecoin, USD1, through World Liberty Financial. The bill is part of broader efforts to oppose Trump's activities, including a dinner for memecoin holders. Senators Chris Murphy and Elizabeth Warren will join a protest event against these actions.
