By — Associated Press Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/economy/watch-white-house-weighs-in-on-why-trump-plans-to-attend-memecoin-dinner Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter WATCH: White House weighs in on why Trump plans to attend memecoin dinner Economy May 9, 2025 4:17 PM EDT The White House on Friday dismissed conflict of interest concerns about President Donald Trump promoting an upcoming dinner for top investors in his memecoin. Watch the video in our player above. 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. WATCH: Explaining meme coins and why the joke-inspired cryptocurrencies often crash 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.” We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now By — Associated Press Associated Press
The White House on Friday dismissed conflict of interest concerns about President Donald Trump promoting an upcoming dinner for top investors in his memecoin. Watch the video in our player above. 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. WATCH: Explaining meme coins and why the joke-inspired cryptocurrencies often crash 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.” We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now