California Democrat Rep Sam Liccardo, a freshman congressman who represents Silicon Valley, said he’s surprised the first piece of legislation he’s sponsoring takes aim at President Donald Trump’s ...

Sam Liccardo, a freshman congressman who represents Silicon Valley, said he's surprised the first piece of legislation he's sponsoring takes aim at President Donal Trump's meme coin.

Sam Liccardo, a freshman congressman who represents Silicon Valley, said he’s surprised the first piece of legislation he’s sponsoring takes aim at President Donal Trump’s meme coin.

The Trump meme coin quickly soared in price to nearly $70 shortly after it was launched but has since fallen to about $12. Researchers have estimated that trading fees have generated tens of millions ...