Senator Cynthia Lummis and other Senate Republicans ‘pause’ over Trump memecoin dinner offer

Senator Cynthia Lummis and other Senate Republicans expressed their concern in the face of the Dinner of President Trump to the best holders of the $ Trump Memecoin. Lummis called for a break on the offer because it raises ethical and legal complications.

Trump is again in the middle of the controversy after his decision to organize a dinner and have a tour for his best investors. On April 23, 2025, the organization behind the play even $ Trump announced an exclusive dinner at the National Golf Club of Trump.

The 220 main holders of the same $ Trump were invited to dinner with the president between April 23 and May 12. The 25 best holders of the medal would receive additional advantages, including a VIP reception and a special visit. The visit was initially labeled as a “White House tour”, but it was then deleted.

Senator Cynthia Lummis requests moderation

Senator Cynthia Lummis of Wyoming is a Pro-Crypto legislator and a supporter of President Trump, and even expressed his concerns concerning the ethical implications of the memecoin dinner.

“It is my president we are talking about, but I am ready to say that it gives me a break,” She said.

The memecoin dinner is even more controversial once the involvement of foreign entities in the purchase of the $ Trump room is considered. Dinner could potentially violate the constitution's emoluments clause, which prohibits government officials from accepting payments or donations to foreign entities without approval from the congress.

Lummis said in an interview on Wednesday that she thought that Congress should regulate standards for the use of digital assets as well as parts even. She said she was open to working with her colleagues to create clear regulations concerning digital assets for elected officials, including the president.

“It's the Far West, and so when I hear things like that, my reaction is that we have to legislate so there are rules,” said Lummis. “Even what may seem to be` Décingy '' with regard to the pieces even is legal, and what we have to do is have a regulatory framework that makes it clearer, so we do not have this Wild West scenario, “she added.

While some Senate Republicans questioned ethics around Trump's dinner for his best investors, most party members, such as Senator John Hoeven from the North Dakota, said they were convinced that the president would work within the limits of the law.

Other GOP senators said they had not heard of the president's plan.

The invitation of the dinner is controversial

After the announcement of the dinner, the Trump Memecoin experienced an increase in value and recorded a price increase of more than 50% and an increase in the value of $ 100 million in related portfolios. The total market capitalization of the same corner $ increased to an impressive $ 2.7 billion.

Despite Trump's immediate advantages, the invitation of the dinner was criticized in various districts. A certain number of legislators consider dinner as a conflict of potential interest and a disorderly fusion of policy with personal affairs.

Senator Lisa Murkowski expressed her dissatisfaction with the event, although she noted that she had not all the details.

“I don't think it would be appropriate for me to charge people to come to the Capitol and do a tour,” Murkowski told NBC News.

The event is unpopular to other Senate Democrats such as Senator Elizabeth Warren in Massachusetts, the best democrat of the Senate banking committee, and Adam Schiff in California, who even asked for an ethical investigation into dinner.

“This last action raises a serious ethics and legal concerns, in particular the serious risk that President Trump and other civil servants can engage in” remuneration to play “by selling presidential access to individuals or entities, to include foreign nationals and business actors having acquired interests in their federal letter, while enriching the president and his family personally.”

Senator Jon Ossoff continued criticism, mentioning Trump's dismissal during the money dinner. Senator Cory Booker said that the sale of coins is a “violation of the Constitution”.

“Before we can even get to the point of discussing the dismissal,” he said, “can we even bring the congress in the United States to move forward by saying that it is false and that we should investigate?”

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