Democratic Senator Elizabeth Warren calls for regulators to investigate Trump and TRUMP coin
ChainCatcher news, according to CoinDesk, cryptocurrency critic and Democratic Senator Elizabeth Warren criticized Trump’s meme coin TRUMP and urged the U.S. Office of Government Ethics and financial regulators to investigate the ethical and regulatory details of the TRUMP token.
Warren, a senior Democrat on the Senate Banking Committee responsible for overseeing U.S. financial regulators, stated that these assets, including First Lady Melania Trump's own namesake meme coin MELANIA, pose a conflict of interest for the president and highlight the most destructive and unstable factors in the cryptocurrency space. TRUMP and MELANIA pose serious risks to President Trump's ability to govern the country fairly and also present significant risks to investors in these currencies, who may become victims of a carefully orchestrated scheme by the Trump family.