U.S. President dinner with $TRUMP Buyers attract Senators Fury
The California and Massachusetts Democratic Senators sent a letter to the US Office of Government Ethics on Trump
Quick overview
- Senators Adam Schiff and Elizabeth Warren are raising concerns about President Trump's private dinner for $TRUMP coin holders, suggesting it may indicate 'pay to play' corruption.
- The senators have sent a letter to the US Office of Government Ethics, claiming Trump has breached ethics by favoring top $TRUMP coin investors.
- The promotion for the dinner, which is set for May 22, has reportedly increased the coin's value by about 50%.
- Economists supporting the senators' claims argue that Trump's actions could lead to potential dealings benefiting those who contribute to his businesses.
Senators Adam Schiff and Elizabeth Warren are alerting the public that a private dinner President Trump is set to hold for the holders of his meme coin may represent “pay to play” corruption, calling for ethics scrutiny of the issue.
The California and Massachusetts Democratic Senators sent a letter to the US Office of Government Ethics on Trump, asserting that the President has breached ethics by giving preferential treatment in $TRUMP coin investments to the people holding the top $TRUMP coin.
This letter is in regard to the promotion announced on the meme coin’s web page, which promised top 220 holders of the token would have dinner with the President at his golf club in Washington, D.C., on May 22. This promotion went live, spiking the coin’s value by about 50%.
Trump, as has always been the case with businessmen, uses his position to further his financial interests, “Mr. Presidents’ statement indicates that there will no doubt be dealings possible with the office of the president if candidates whom the president is supporting make substantial contribution into one of the many companies owned by the Mr. President,” quoted one of the economists supporting the idea.
Senators have claimed in their statement that strong prospects are substantiating these claims as the worth of the $TRUMP coin surged by more than for the first time while Trump and his family were making previously unverified allegations of these risks amid their suspicions that those in power downplaying these concerns were trying to garner some profit from “understanding the window of opportunity”.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
Related Articles
Comments
Sidebar rates
Related Posts
Save
Join 350 000+ traders receiving Free Trading Signals
Alerts
Rates
Calendar
Signals