Trump to host memecoin gala dinner amid backlash, impeachment calls

Description

US President Donald Trump will host a gala dinner for top holders of his Official Trump memecoin despite bipartisan criticism and renewed calls for impeachment.

Authors

Adrian Zmudzinski

Publish date

May 5, 2025

Publisher

Cointelegraph

Web URL

https://cointelegraph.com/news/trump-s-stablecoin-rises-due-to-shady-crypto-deal-with-uae-senator-warren

Referenced by

President Trump confirms his gala for TRUMP holders

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Pro-crypto Senator Cynthia Lummis and at least one other Republican in Congress were reportedly also critical of Trump for offering the top holders of his memecoin a dinner and White House tour. Lummis, of Wyoming, reportedly said that the US president offering exclusive access to himself and the White House for people willing to pay for it “gives [her] pause.”

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In late April, Massachusetts Senator Elizabeth Warren called on government officials to address questions related to Trump’s memecoin and his media company.

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