Trump Memecoin Event May Not Take Place as Planned — Senators Demand Answers

The terms and conditions on the official TRUMP memecoin website say President Donald Trump “may not be able to attend” a luncheon planned for April 25, and that the event could be called off for any reason. Despite the disclaimer, organizers have continued promoting the event, including messaging that emphasizes the possibility of Trump’s presence.

Senators ask whether Trump will attend

Three Democratic senators—Elizabeth Warren, Richard Blumenthal, and Adam Schiff—sent a letter to Bill Zanker, described as the person behind the TRUMP memecoin launch, seeking confirmation of whether the president plans to attend.

According to reports cited by Politico, the senators accused organizers of using Trump’s name to encourage purchases of the coin that generate transaction fees for him and his family, while his attendance remained uncertain. The event is scheduled to be held at Trump’s Mar-a-Lago property in Florida.

The senators said organizers were promoting the conference by holding out the prospect of a presidential appearance to potential attendees, which they argued encourages people to buy the coin.

Scheduling conflict with another major event

The situation is complicated by the fact that April 25 is already booked. Trump announced on March 2 that he planned to attend the White House Correspondents’ Association Dinner in Washington, D.C.—his first time attending since boycotting it during his first term. The White House did not respond to requests for comment on his schedule.

Crypto event history and broader concerns

Reports indicate Trump has previously attended, or been expected to attend, crypto-related events. He reportedly attended the Bitcoin 2024 conference and a separate dinner for TRUMP memecoin holders in May 2025. The April 25 gathering would be the second such event for coin holders.

Critics say the scheduling uncertainty and the linkage between access to the president and participation in a financial product that benefits him directly raise questions. Organizers have not publicly addressed whether Trump will appear or whether the event will proceed as planned.

Regulatory backdrop: CLARITY Act stalled

The controversy comes as the US crypto regulatory process remains in flux. The CLARITY Act, a bill intended to establish a legal framework for digital assets, passed the House in July 2025.

The Senate agriculture committee moved the bill forward in January, but the banking committee halted further action. The text cites concerns involving tokenized equities, stablecoin yield, and ethics. As of Thursday, no new markup date had been set.

The White House weighed in on Wednesday, saying a proposed ban on stablecoin yield in the bill would do little to protect bank lending—an argument described as aimed at cooling opposition from both the banking and crypto industries.