Editor's PiCK

US Republican Senators Express Concerns Over Trump's Dinner Invitation…"Clear Regulations Needed"

Source
Uk Jin

Summary

  • Republican senators expressed concerns over President Trump's invitation to the top holders of the OfficialTrump coin for a dinner.
  • Pro-cryptocurrency figure Senator Cynthia Lummis emphasized the need for 'clear regulations' regarding meme coins.
  • Senator Lummis viewed meme coins as a 'legitimate matter' and advocated for the establishment of a regulatory framework.
Senator Cynthia Lummis
Senator Cynthia Lummis

As President Donald Trump announced a dinner invitation for the top holders of the meme coin OfficialTrump (TRUMP), concerns have reportedly emerged within the Republican Party. According to NBC on the 2nd (local time), Republican senators, including Senator Cynthia Lummis, expressed concerns about President Trump's dinner invitation. Senator Lummis is a prominent pro-cryptocurrency political figure who announced the United States' 'Bitcoin (BTC) Strategic Reserve Plan.'

Senator Lummis said, "(Regarding President Trump's dinner invitation) President Trump is my president, but this issue also gives me pause." In this regard, Senator Lummis emphasized the need to establish regulations related to meme coins. She said, "Currently, this field is like the Wild West," and "It's time for clear regulations." She continued, "(Regarding meme coins) It may seem embarrassing, but it is certainly a legitimate matter," and "What we need to do now is establish a clear regulatory framework."

Other Republican senators also voiced their opinions on President Trump's actions. Senator Lisa Murkowski, a Republican from Alaska, said, "Charging for Capitol tours is not appropriate."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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