Overview

• President Donald Trump hosted a private dinner for the top 220 investors in his $Trump meme coin venture, who collectively paid $148 million for the tokens.
• The Trump Organization and its affiliates hold 80% of the $Trump coin tokens, raising concerns about potential conflicts of interest and transparency.
• House Speaker Mike Johnson defended Trump’s transparency but admitted he was unaware of the dinner’s details, citing his focus on legislative work during the week.
• Critics, including The Wall Street Journal, have called for the list of dinner attendees to be made public to clarify who may be seeking influence with the president.
• CNN’s Jake Tapper pressed Johnson on the perceived double standard between his scrutiny of Hunter Biden’s business dealings and his defense of Trump’s actions.