US Senator Proposes MEME Act to Ban President and Members of Congress from Issuing Meme Coins

US Senator Chris Murphy announced in a statement that he will propose the MEME Act, which would prohibit the President or members of Congress from issuing Meme coins. Murphy called "Trump Coin the biggest corruption scandal in White House history" and stated that he will work with Congressman Sam Liccardo to push for legislation to curb such behavior.