🔥 Democrats Criticize Trump's Memecoin Gala

Democratic lawmakers have sharply criticized President Donald Trump's decision to host a gala for the top holders of his memecoin, demanding transparency about the event's attendees. Senators Elizabeth Warren, Richard Blumenthal, and Chris Murphy, as well as Representative Sam Liccardo, among others, have accused Trump of endangering national security and selling access to foreign powers. They argue that without knowing who attends, there's a risk of undue influence on American policies. The gala is set at Trump's private golf club, with entry reportedly costing between $55,000 and $37.7 million. Crypto entrepreneur Justin Sun has publicly confirmed his attendance, though many others remain anonymous. Despite calls for transparency, White House Press Secretary Karoline Leavitt clarified that the event is not tied to the White House. Critics also express concerns about Trump's involvement in digital assets, claiming it's a means to sell influence to foreign bidders. Maxine Waters has introduced a bill to combat 'crypto corruption,' which aims to restrict the issuance of cryptocurrencies by high-ranking officials. Meanwhile, the TRUMP token continues to outperform the broader crypto market despite the controversy.