A resolution condemning the financial entanglements of President Donald J. Trump with the $TRUMP meme coin.

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. Res. 245 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. RES. 245 Condemning the financial entanglements of President Donald J. Trump with the $TRUMP meme coin. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 21, 2025 Mr. Blumenthal submitted the following resolution; which was referred to the Committee on Homeland Security and Governmental Affairs _______________________________________________________________________ RESOLUTION Condemning the financial entanglements of President Donald J. Trump with the $TRUMP meme coin. Whereas, on January 17, 2025, Fight Fight Fight LLC launched the ``OFFICIAL TRUMP'' cryptocurrency (referred to in this preamble as ``$TRUMP''), which is a meme coin; Whereas a meme coin is a type of asset purchased ``for entertainment, social interaction, and cultural purposes'', with the value of the asset ``driven primarily by market demand and speculation''; Whereas the $TRUMP website states in the disclaimers of the website that the product is ``not intended to be . . . an investment opportu…