The White House on Friday dismissed conflict of interest concerns about President Donald Trump promoting an upcoming dinner for top investors in his memecoin.
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Trump will attend a May 22 dinner at his Virginia golf club for the largest investors in the memecoin $TRUMP, and has used his social media site to drum up interest.
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Pressed on whether some might invest to try and influence Trump's policy decisions, White House press secretary Karoline Leavitt said, "I can assure you, the president acts with only the interests of the American public in mind."
She said Trump is abiding by "all conflict of interest laws" and has "has been incredibly transparent with his own personal, financial obligation throughout the years."