Rep. Sam Liccardo, seven months into office, is prioritizing achievable legislation within a Republican-controlled Congress while using bills as a messaging tool. He aims to reach voters who rely on social media or Fox rather than traditional outlets. He introduced the MEME Act to bar presidents, members of Congress and executive branch officials and their families from sponsoring digital assets after President Donald Trump launched a $Trump meme coin that enriched his family and harmed small traders. Liccardo cited more than 800,000 investors who lost at least $2 billion. He acknowledges low passage odds but values the bills' communicative power and filed the Safeguarding the Use of the National Guard Act in response to recent National Guard deployments.
Part of our legislative mission has to be around messaging, Liccardo said in an interview this week with the Mercury News. We can put out bills that will communicate across the aisle in meaningful ways to an awful lot of voters who are not watching CNN or reading The New York Times, but getting their news from social media or Fox about what exactly this administration is really doing and the impacts.
Liccardo, the former San Jose mayor who replaced Anna Eshoo in the House of Representatives following her retirement, points to the MEME Act legislation he introduced in February that would bar the president, members of Congress and other executive branch officials or their spouses and children from sponsoring a digital asset. President Donald Trump launched his own cryptocurrency, a meme coin known by the moniker $Trump, just days before his January inauguration. The venture caused widespread backlash as it enriched the Trump family while small traders lost out.
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