US President Donald Trump is scheduled to attend a private lunch reserved for holders of the TRUMP memecoin on April 25. Problem: That same day, he promised to attend the White House Correspondents’ Association dinner in Washington. A coincidence which did not escape three Democratic senators, determined to obtain answers.
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In brief
- Three US senators question memecoin organizer TRUMP over a potential agenda conflict on April 25.
- Trump is expected the same day in Washington for the White House Correspondents’ Association dinner.
- The senators denounce a possible “sale of access” to the presidency to promote an asset from which Trump derives direct income.
Three senators confront Trump with his contradictions
Politico revealed the affair on Thursday. Senators Elizabeth Warren, Richard Blumenthal and Adam Schiff sent a letter to Bill Zanker, the man behind the launch of the Official Trump (TRUMP) memecoin, asking a direct question: Will Donald Trump actually be at the exclusive luncheon at Mar-a-Lago, Florida, on April 25 2026?
The problem is nevertheless obvious. That same day, the White House Correspondents’ Association dinner was held in Washington DC. Trump himself announced on March 2 that he intended to attend, a first since his return to power, after having boycotted it during his first term.
Faced with this situation, the three senators denounce an obvious contradiction. On the one hand, the promoters of the project highlight the promise of direct access to the president to attract investors in this memecoin.
On the other hand, the general conditions of the project introduce a major doubt: they clearly indicate that Trump may not attend the event and that the organizers can cancel it at any time.
Consequently, this ambiguity fuels suspicions of an aggressive, even misleading, marketing strategy around Trump crypto.
Conflict of interest or simple organizational vagueness?
For senators, the question goes beyond the simple agenda. They question a practice that they consider problematic: using the presidential office to encourage the purchase of a crypto asset from which Trump and his family directly receive transaction fees.
This is not the first time that Trump has gotten involved in the world of cryptos. He participated in the Bitcoin 2024 conference, then organized a first dinner for holders of the TRUMP memecoin from May 2025. Each appearance relaunches debates on the conflicts of interest of a president who is a shareholder, in some way, of the crypto market.
This context precisely undermines the discussions around the CLARITY Act, the major text intended to regulate the digital assets market in the United States. The House of Representatives certainly adopted the bill in July 2025, but the Senate is still struggling to move forward.
The banking commission has still not scheduled its examination, hampered by disagreements on yield stablecoins and ethical questions. According to Coinbase, a compromise would be “very close”, but no voting date has yet been set.
As long as the conflicts of interest around Trump and cryptos remain without a clear answer, the Senate will have difficulty legislating calmly. American crypto is waiting for a solid legal framework, but politics continues to muddy the waters.
