Politics
Trump Begins Selling New Meme Coin Days Ahead of Inauguration
President-elect Donald J. Trump and his family on Friday started selling a cryptocurrency token featuring an image of Mr. Trump drawn from the July assassination attempt, a potentially lucrative new business that ethics experts assailed as a blatant effort to cash in on the office he is about to occupy again.
Disclosed just days before his second inauguration, the venture is the latest in a series of moves by Mr. Trump that blur the line between his government role and the continued effort by his family to profit from his power and global fame. It is yet another sign that the Trump family will be much less hesitant in this second term to bend or breach traditional ethical boundaries.
Mr. Trump himself announced the launch of his new business on Friday night on his social media platform, in between announcements about filling key federal government posts. He is calling the token $Trump, selling it with the slogan, “Join the Trump Community. This is History in the Making!”
The venture was organized by CIC Digital LLC, an affiliate of the Trump Organization, which already has been selling an array of other kinds of merchandise like Trump-branded sneakers, fragrances and even digital trading cards.
But this newest venture brings Mr. Trump and his family directly into the world of selling cryptocurrency, which is regulated by the Securities and Exchange Commission. Mr. Trump recently disclosed he intended to name a cryptocurrency advocate as S.E.C. chairman.
A disclosure on the website selling the tokens says that CIC Digital and its affiliates own 80 percent of the supply of the new Trump tokens that will be released gradually over the coming three years and that they will be paid “trading revenue” as the tokens are sold.
The move by Mr. Trump and his family was immediately condemned by ethics lawyers who said they could not recall a more explicit profiteering effort by an incoming president.
“It is literally cashing in on the presidency — creating a financial instrument so people can transfer money to the president’s family in connection with his office” said Adav Noti, executive director of Campaign Legal Center, a nonprofit ethics group. “It is beyond unprecedented.”
Eric Trump, who helps run Trump Organization business operations, said on Saturday that this offering was part of a new and growing business sector that the Trump family has entered.
“I am extremely proud of what we continue to accomplish in crypto,” Eric Trump said in a statement to The New York Times. “$Trump is currently the hottest digital meme on earth.” He added: “This is just the beginning.”
But even some in the cryptocurrency industry were quick to criticize the new token.
“Trump owning 80 percent and timing launch hours before inauguration is predatory and many will likely get hurt by it,” wrote Nick Tomaino, a crypto venture capitalist and former executive at Coinbase, one of the largest crypto trading platforms, in a social media posting on Saturday.
The president-elect and his three sons had, as of late last year, already lent their name to another cryptocurrency startup called World Liberty Financial, an arrangement that included a cut of token sales for the Trump family in exchange for helping promote the new brand.
But the members of the Trump family, with World Liberty Financial, were not actually owners of the platform or officers in the company.
There are other crypto currency coins in the marketplace based on Mr. Trump that are not directly affiliated with his family like the new Trump Meme. Typically, these so-called meme coins — which were born when coins were created as a joke inspired by an internet meme or cartoonish animal faces — are largely worthless and traded more like a hobby.
With this new venture, companies associated with Mr. Trump’s family have a direct financial stake in the value of the new tokens and in the volume of their sales, which quickly surged after going on the market.
“GetTrumpMemes.com is not political and has nothing to do with any political campaign or any political office or governmental agency,” the venture’s website says, adding, “Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol ‘$TRUMP.’”
The legal disclosures say the tokens are not intended to be seen as “an investment opportunity, investment contract or security of any type.” But trading of them on cryptocurrency markets began immediately, driving up the value of each token from $7 to nearly $30 as of noon on Saturday.
This suggested that the so-called fully diluted value of all the tokens as of Saturday at noon was $30 billion, a number achieved less than a day after the token went on the market, according to CoinMarketCap, a site that tracks cryptocurrency trading.
Mr. Trump and his family are clear in the marketing of the new token that the image picked for the coin had been inspired by the July assassination attempt in Butler, Pa.
“President Trump faced death and came up fighting!” the website promoting the tokens says.
Cryptocurrency markets tend to be highly volatile, in part because tokens are not backed by any tangible assets. The website for Mr. Trump’s new venture includes an extensive collection of disclaimers limiting the ability of anyone buying the token to file a class-action lawsuit related to it and warning buyers that “Trump Memes may be extremely volatile, and price fluctuations in cryptocurrencies could impact the price.”
Mr. Trump has already made clear that he will be working to promote the cryptocurrency industry.
He has announced his intention to appoint regulators who will lift restrictions on the sale of new tokens and ties between cryptocurrency companies and other more traditional financial enterprises.
This stands in contrast to efforts by Biden-era regulators to tightly regulate the industry, out of a concern that a sudden crash in the value of cryptocurrency could potentially lead to a future financial crash.
Politics
Trump backs ICE raid tactics, says they ‘haven’t gone far enough’
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President Donald Trump said he believes U.S. Immigration and Customs Enforcement (ICE) raids “haven’t gone far enough” when asked about the federal agency’s tactics that have sparked protests and lawsuits.
Trump sat down for a “60 Minutes” interview that aired Sunday with CBS News’ Norah O’Donnell, who asked the president about videos of an ICE agent shoving a woman to the floor at an immigration courthouse, federal agents deploying tear gas in Chicago’s Irving Park neighborhood and smashing car windows.
“Have some of these raids gone too far?” O’Donnell asked.
“No. I think they haven’t gone far enough because we’ve been held back by the – by the judges, by the liberal judges that were put in by Biden and by Obama,” Trump replied.
Protests and confrontations between immigration rights supporters and law enforcement are seen taking place in Paramount, California, and downtown Los Angeles, on June 7, 2025, following recent raids by Immigration and Customs Enforcement and Department of Homeland Security agents. (Taurat Hossain/Anadolu via Getty Images)
JB PRITZKER ACCUSES ICE OF ‘RACIAL PROFILING,’ DEFENDS COMPARING AGENTS TO NAZIS
“You’re OK with those tactics?” O’Donnell pressed.
“Yeah, because you have to get the people out. You know, you have to look at the people. Many of them are murderers. Many of them are people that were thrown outta their countries because they were, you know, criminals. Many of them are people from jails and prisons. Many of them are people from frankly mental institutions,” he claimed. “I feel badly about that, but they’re released from insane asylums. You know why? Because they’re killers.”
The Trump administration has carried out immigration raids on major American cities to carry out Trump’s campaign promise of mass deportations.

U.S. Immigration and Customs Enforcement agents conduct an arrest in Chicago, Illinois, on January 26, 2025. (Immigration and Customs Enforcement/Handout via REUTERS)
The White House has repeatedly said federal agents are targeting criminal illegal migrants who are the “worst of the worst.”
Fox News previously reported on a leadership shakeup at ICE amid growing friction with the Department of Homeland Security (DHS) over deportation tactics and priorities.
DHS Secretary Kristi Noem, senior adviser Corey Lewandowski and Border Patrol Commander Greg Bovino have pushed for a broader and more aggressive immigration enforcement approach, targeting anyone in the U.S. illegally to boost deportation numbers.
FEDERAL JUDGE LIMITS ICE ARRESTS WITHOUT WARRANT, PROBABLE CAUSE
Bovino and other DHS and ICE officials were named in a civil rights lawsuit filed in the Northern District of Illinois in early October and accused of using unlawful force to suppress peaceful protests and press activity around the Broadview ICE facility in Illinois.
It was filed by a coalition of journalists, media organizations and individual protesters.
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Trump told CBS News he believes his immigration mission will be complete once “many” of roughly 25 million people are deported.
“Well, it takes a long time, because, you know, probably I say 25 million people were let into our country. A lotta people say it was 10 million people. But whether it was ten or – I believe I’m much closer to the right number,” he said. “Of the 25, many of them should not be here. Many of them.”
Politics
Both sides say democracy is at stake with Prop. 50 — but for very different reasons
If the ads are any indication, Proposition 50 offers Californians a stark choice: “Stick it to Trump” or “throw away the constitution” in a Democratic power grab.
And like so many things in 2025, Trump appears to be the galvanizing issue.
Even by the incendiary campaigns California is used to, Proposition 50 has been notable for its sharp attacks to cut through the dense, esoteric issue of congressional redistricting. It comes down to a basic fact: this is a Democratic-led measure to reconfigure California’s congressional districts to help their party win control of the U.S. House of Representatives in 2026 and stifle President Trump’s attempts to keep Republicans in power through similar means in other states.
Thus far, the anti-Trump message preached by Proposition 50 advocates, led by Gov. Gavin Newsom and other top Democrats, appears to be the most effective.
Supporters of the proposal have vastly outraised their rivals and Proposition 50, one of the most expensive ballot measure campaigns in state history, leads in the polls.
“Whenever you can take an issue and personalize it, you have the advantage. In this case, proponents of 50 can make it all about stopping Donald Trump,” said former legislative leader and state GOP Chair Jim Brulte.
Adding to the drama is the role of two political and cultural icons who have emerged as leaders of each side: former President Obama in favor and former Gov. Arnold Schwarzenegger against, both arguing the very essence of democracy is at stake.
Schwarzenegger and the two main committees opposing Proposition 50 have focused on the ethical and moral imperative of preserving the independent redistricting commission. Californians in 2010 voted to create the panel to draw the state’s congressional district boundaries after every census in an effort to provide fair representation to all state residents.
That’s not a political ideal easily explained in a 30-section television ad, or an Instagram post.
Redistricting is a “complex issue,” Brulte said, but he noted that “the no side has the burden of trying to explain what the initiative really does and the yes side gets to use the crib notes [that] this is about stopping Trump — a much easier path.”
Partisans on both sides of the aisle agree.
“The yes side quickly leveraged anti-Trump messaging and has been closing with direct base appeals to lock in the lead,” said Jamie Fisfis, a political strategist who has worked on many GOP congressional campaigns in California. “The partisanship and high awareness behind the measure meant it was unlikely to sag under the weight of negative advertising like other initiatives often do. It’s been a turnout game.”
Obama, in ads that aired during the World Series and NFL games, warned that “Democracy is on the ballot Nov. 4” as he urged voters to support Proposition 50. Ads for the most well-funded committee opposing the proposition featured Schwarzenegger saying that opposing the ballot measure was critical to ensuring that citizens are not overrun by elected officials.
“The Constitution does not start with ‘We, the politicians.’ It starts with ‘We, the people,’” Schwarzenegger told USC students in mid-September — a speech excerpted in an anti-Proposition 50 ad. “Democracy — we’ve got to protect it, and we’ve got to go and fight for it.”
California’s Democratic-led Legislature voted in August to put the redistricting proposal that would likely boost their ranks in Congress on the November ballot. The measure, pushed by Newsom, was an effort to counter Trump’s efforts to increase the number of GOP members in the House from Texas and other GOP-led states.
The GOP holds a narrow edge in the House, and next year’s election will determine which party controls the body during Trump’s final two years in office — and whether he can further his agenda or is the focus of investigations and possible impeachment.
Noticeably absent for California’s Proposition 50 fight is the person who triggered it — Trump.
The proposition’s opponents’ decision not to highlight Trump is unsurprising given the president’s deep unpopularity among Californians. More than two-thirds of the state’s likely voters did not approve of his handling of the presidency in late October, according to a Public Policy Institute of California poll.
Trump did, however, urge California voter not to cast mail-in ballots or vote early, falsely arguing in a social media post that both voting methods were “dishonest.”
Some California GOP leaders feared that Trump’s pronouncement would suppress the Republican vote.
In recent days, the California Republican Party sent mailers to registered Republicans shaming them for not voting. “Your neighbors are watching,” the mailer says, featuring a picture of a woman peering through binoculars. “Don’t let your neighbors down. They’ll find out!”
Tuesday’s election will cost state taxpayers nearly $300 million. And it’s unclear if the result will make a difference in control of the House because of multiple redistricting efforts in other states.
But some Democrats are torn about the amount of money being spent on an effort that may not alter the partisan makeup of Congress.
Johanna Moska, who worked in the Obama administration, described Proposition 50 as “frustrating.”
“I just wish we were spending money to rectify the state’s problems, if we figured out a way the state could be affordable for people,” she said. “Gavin’s found what’s working for Gavin. And that’s resistance to Trump.”
Newsom’s efforts opposing Trump are viewed as a foundational argument if he runs for president in 2028, which he has acknowledged pondering.
Proposition 50 also became a platform for other politicians potentially eyeing a 2026 run for California governor, Sen. Alex Padilla and billionaires Rick Caruso and Tom Steyer.
The field is in flux, with no clear front-runner.
Padilla being thrown to the ground in Los Angeles as he tried to ask Homeland Security Secretary Kristi Noem about the Trump administration’s immigration policies is prominently featured in television ads promoting Proposition 50. Steyer, a longtime Democratic donor who briefly ran for president in 2020, raised eyebrows by being the only speaker in his second television ad. Caruso, who unsuccessfully ran against Karen Bass in the 2022 Los Angeles mayoral race and is reportedly considering another political campaign, recently sent voters glossy mailers supporting Proposition 50.
Steyer committed $12 million to support Proposition 50. His initial ad, which shows a Trump impersonator growing increasingly irate as news reports showing the ballot measure passing, first aired during “Jimmy Kimmel Live!” Steyer’s second ad fully focused on him, raising speculation about a potential gubernatorial run next year.
Ads opposing the proposition aired less frequently before disappearing from television altogether in recent days.
“The yes side had the advantage of casting the question for voters as a referendum on Trump,” said Rob Stutzman, a GOP strategist who worked for Schwarzenegger but is not involved with any of the Proposition 50 campaigns. “Asking people to rally to the polls to save a government commission — it’s not a rallying call.”
Politics
Trump admin responds to ‘Dilbert’ creator’s plea to ‘help save my life’ by expediting cancer treatment
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Cartoonist Scott Adams said in a social media post Sunday that he plans to appeal to President Donald Trump for help scheduling a cancer drug treatment that he believes could prolong his life.
Adams, the creator of the “Dilbert” comic strip, announced earlier this year that he had metastasized prostate cancer.
He wrote in a post on X that his healthcare provider, Kaiser Permanente – Northern California, approved his application to receive a new FDA-approved drug Pluvicto.
“But they have dropped the ball in scheduling the brief IV to administer it and I can’t seem to fix that. I am declining fast,” Adams wrote.
BIDEN ‘RANG THE BELL’ AFTER COMPLETING RADIATION THERAPY FOR PROSTATE CANCER
Scott Adams, cartoonist and author and creator of “Dilbert,” poses for a portrait in his home office with copies of his book “How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life.” (Lea Suzuki/The San Francisco Chronicle via Getty Images)
“I will ask President Trump if he can get Kaiser of Northern California to respond and schedule it for Monday. That will give me a fighting chance to stick around on this planet a little bit longer. It is not a cure, but it does give good results to many people.”
Health and Human Services Secretary Robert F. Kennedy Jr. responded to Adams’ viral post, asking how to reach him.
“The President wants to help,” RFK Jr. wrote.

Robert F. Kennedy delivered a fiery speech to WHO member states over the U.S.’s withdrawal (Jason Mendez/Getty Images)
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Dan Scavino, White House deputy chief of staff and head of personnel, also responded to Adams, saying, “No need till [sic] wait until Monday—@realDonaldTrump, @RobertKennedyJr, and @DrOz are all tracking now, Scott.”
Fox News Digital reached out to Kaiser and the White House for comment.
Adams said in a video posted to his YouTube channel in May that he is in pain every day and has been using a walker for months.
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“If you’re wondering if I’ll get better, the answer is no, it will only get worse,” he said on his “Real Coffee with Scott Adams” show. “There’s only one direction this goes.”
Roughly 1 in 8 men will be diagnosed with prostate cancer during their lifetime, according to the American Cancer Society. Prostate cancer is the second most common cause of cancer death among American men, after lung cancer.
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