Senators Demand Ethics Probe Into Trump's Meme Coin Dinner

President Donald Trump is facing intense scrutiny and calls for investigation after announcing a private dinner for the top 220 holders of his $TRUMP meme coin, a move that caused the token's value to surge and generated over $1 million in trading fees for Trump and his affiliates. Democratic Senators Adam Schiff and Elizabeth Warren have formally requested a federal ethics probe, arguing that offering exclusive access to the president in exchange for significant investment could amount to 'pay to play' corruption and may violate ethics laws, federal bribery statutes, or the Constitution's emoluments clause. Senator Jon Ossoff labeled the dinner an impeachable offense, stating it constitutes selling access to the presidency for personal gain. The senators also raised concerns about potential foreign involvement, as some $TRUMP investors reportedly have ties to foreign crypto exchanges or platforms banned in the U.S. Ethics experts, other lawmakers, and public figures have echoed these concerns, citing the transparency and brazenness of the arrangement as unprecedented. Calls for congressional and federal ethics investigations continue to mount as the story develops.