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A top House Democrat has launched an inquiry into Trump\u2019s lucrative meme coin venture, questioning whether foreign money flowed into the president\u2019s pockets.<\/p>\n
U.S. President Donald Trump is once again at the center of controversy as a top House Democrat demands answers about a private dinner he hosted for major investors in his Official Trump (TRUMP) memecoin, raising fresh questions about ethics and potential foreign influence.<\/p>\n
Rep. Jamie Raskin, the ranking Democrat on the House Judiciary Committee, sent a letter Wednesday night pressing Trump to reveal who attended last week\u2019s exclusive event, The Washington Post has learned<\/a>. Raskin reportedly also wants details on how the funds were vetted, citing fears that foreign governments or illicit actors could be behind some purchases.<\/p>\n \u201cPublication of this list will also let the American people know who is putting tens of millions of dollars into our President\u2019s pocket so we can start to figure out what \u2014 beyond virtually worthless memecoins \u2014 they are getting in exchange for all this money.\u201d<\/p>\n Jamie Raskin<\/p>\n<\/blockquote>\n <\/p>\n The dinner, held at Trump\u2019s Virginia golf club, rewarded the memecoin\u2018s top 220 holders, a perk that ethics experts say blurs the line between his business and political roles. Unlike campaign fundraisers, the profits went straight to Trump-linked companies, not political groups, blockchain forensic firms reported earlier.<\/p>\n\n