US House Speaker Mike Johnson has kept quiet on a growing ethics flap around a crypto dinner hosted by US President Donald Trump. He told CNN on May 25 that he hadn’t heard about the event and wouldn’t weigh in. Meanwhile, 35 House Democrats want a Justice Department probe and the guest list made public.
On May 25, Jake Tapper asked Johnson why the names weren’t released and if he’d be upset if a Democratic president did the same. Johnson said he “doesn’t know anything about the dinner” and that he’d been “a little busy” passing a $1.6 trillion budget bill. He also praised Trump as “the most transparent president” and insisted there was nothing to hide.
Investors in TRUMP tokens saw a 60% jump in price when the dinner was announced. Australian entrepreneur Kain Warwick even told The New York Times on May 12 that he bought enough tokens to get into the top 25 holders so he could get an invite. Sheldon Xia, CEO of BitMart in the Cayman Islands, posted photos of himself at the event, adding to questions about foreign influence.
Featured image from Getty Images, chart from TradingView
