#memeyct The Memi bill introduced was to prevent Trump from commemorating "Rugpur" U.S. House of Representatives Sam Lekado on Thursday introduced the Memi bill to prohibit federal officials and their families from launching memorials such as U.S. President Donald Trump's eponymous Deken, which allegedly caused $2 billion in losses. Congressman Sam Liccardo recently introduced the Modern Emergency and Malice Enforcement (#MEME) Act, which aims to prohibit the U.S. President, Congressman and his immediate family members and their immediate family members from issuing or promoting digital assets, including Meme Coins. The legislative move comes after the controversy surrounding former President Donald Trump's involvement in cryptocurrency businesses, especially the launch of the $Trump coin, which reportedly led to huge profits for early investors and caused huge losses to many others. The Meme Act aims to address the ethical issues concerning public officials’ use of their positions for personal financial gain and the potential to generate foreign influence through anonymous investment in such digital assets. The bill aims to strengthen the integrity of public office and protect the public from potential exploitation by imposing civil and criminal penalties. With these considerations in mind, there is a compelling argument that restricts politicians and their families from launching or promoting crypto assets. Such measures can help prevent conflicts of interest, maintain public trust in government agencies, and ensure that emerging financial technologies are developed and regulated in a way that serves the broader public interest. #memeyct {spot}(memeusdt)
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