Democratic Senators Adam Schiff and Elizabeth Warren have urged the US Office of Government Ethics to investigate President Donald Trump over possible violations related to his $TRUMP meme coin. Their concerns stem from a private dinner announced for May 22 at Trump’s golf club near Washington, DC, offering exclusive access to investors. The senators alleged that the event could amount to "pay-to-play" corruption, given the linkage between presidential access and significant investment in Trump's business venture.

In their letter, Schiff and Warren also expressed alarm about foreign ties among some token holders and questioned whether appropriate safeguards exist regarding the President's involvement with digital assets. The situation highlights ongoing concerns about the intersection of political office and personal business interests as Trump continues to advance his various enterprises alongside his presidency.

The $TRUMP meme coin dinner controversy is the latest in a series of ethics debates surrounding Trump's business dealings, drawing renewed scrutiny from watchdogs and lawmakers alike. The US Office of Government Ethics has yet to publicly respond to the request for an inquiry.