Key dealers
- Senators Warren and Schiff are looking for an ethics survey of Trump’s dinner with $ Trump token holder.
- $ Trump Token’s value increased by 50% after the announcement of dinner with Trump.
Senators Elizabeth Warren and Adam Schiff demand an ethical probe to President Trump after the official Trump project announced a private dinner with the President to the Great Holder of the $ Trump Mem, according to a new Report from CNBC.
In a letter sent to the US Office of Government Ethics (OGE), the Senators accused the offer to sell exclusive presidential access in exchange for financial investments, which raises concerns about “paying to play” practice and potential personal enrichment for President Trump and his family.
“This latest action raises serious ethics and legal problems, including the serious risk that President Trump and other officials can get involved in” salary to play “corruption by selling the president’s access to individuals or entities, to include foreign citizens and business actors with interested interests in federal measures, while the person personally enrich the president and his family and his family and his family.
When he urged Oge to investigate whether Trump violated federal ethical standards, the Senators warned Warren and Schiff that the arrangement could open the door to foreign citizens and business players, some potentially during federal investigations, which secured political access simply by investing in Trump’s crypto project.
They also questioned whether Trump or his family had received any ethical guidance to take advantage of digital assets while on duty. They asked what protective measures, if any, are available to prevent individuals seeking political benefits or pardon from using crypto investments to buy influence.
The exclusive dinner, Rejected On Wednesday, it will be available for the 220 best wallet holders in the $ Trump token. The event will take place on May 22 at the Trump National Golf Club, with strict security measures, including background checks and wallet control.
$ Trump saw its value shoot over 70% after the campaign. Token currently deals with about $ 14, a decrease of almost 6% over the past seven days, according to TradingView data.
Senator Jon Ossoff, who joins Warren and Schiff, demands Trump’s impeachment over the controversial invitation to Trump coin dinner.
It is unlikely to try to succeed
With Republicans who now control the White House and Congress, and the OGE director appointed by Trump himself, the senators’ demands for responsibility are likely to be ignored.
Although OGE can issue ethics recommendations, it lacks enforcement power over sitting presidents. Previously, it encouraged, but did not require presidents to voluntarily adhere to ethical standards.
Oge can refer potential violations to the Ministry of Justice or general inspectors for investigation and enforcement, but it cannot force compliance.
Since its launch in January, Trump Meme coin has reportedly generated over $ 350 million in fees for units linked to the president and his inner circle. The project’s website says that 80% of the token supply is held by the Trump organization and affiliated devices.
