U.S. Senator Jon Ossoff Calls for Impeachment of President Donald Trump

After a controversial scheme by President Trump to offer top-tier investors access to a gala dinner

U.S. Senator Jon Ossoff has publicly called for the impeachment of President Donald Trump following a controversial scheme to offer top-tier investors access to a gala dinner in exchange for his freshly unveiled cryptocurrency, $TRUMP.

The heated comments by the Democratic senator from Georgia came at a town hall meeting on Friday evening. During the meeting, Ossoff expressed his deep concern over the president’s actions, which he believes warrant impeachment.

“When the sitting president of the United States is selling access for what are effectively payments directly to him — there is no question that that rises to the level of an impeachable offense,” Ossoff stated emphatically.

The event in question is set to take place on May 22 at Trump National Golf Club near Washington, D.C., where the top 220 holders of the $TRUMP coin are invited for an “intimate private” dinner with the president.

Moreover, the top 25 investors will be granted a VIP reception and a special tour, initially billed as a “White House Tour” before the labeling was removed following public scrutiny.

Senator Ossoff highlighted the ethical implications of this arrangement, asserting that it's dangerous and blurs the lines between political service, personal gain, and public trust.

“We’re told that the president will be granting audiences to people who purchase an asset that increases in value and benefits him directly—now we've reached a new level of corruption,” Ossoff added.

The meme coin at the center of the controversy, $TRUMP, has seen a sharp rise in value. Since the gala dinner announcement, the token has surged over 50%. That increase has added millions to the estimated $10.8 billion tokens Trump and his associates held.

The TRUMP coin was launched earlier this year and has gained a loyal base of retail crypto investors. It’s one of several Trump-linked crypto ventures, which include a stablecoin issuer, a Bitcoin mining project, and a crypto ETF (exchange-traded fund).

The president has made cryptocurrency a cornerstone of his economic messaging, promising to turn the United States into a “Bitcoin superpower.” He has appointed pro-crypto figures to key financial oversight roles and publicly encouraged crypto adoption.

But ethics experts and many political opponents have sounded the alarm. They say Trump’s deep involvement in crypto ventures — especially ones that appear to profit him directly — creates a massive conflict of interest. Ethereum co-founder Vitalik Buterin called the gala move state-sponsored market manipulation.

“I’m not sure if any other country’s president does this: announces an exploitable secret to grant economic favors to his supporters,” Buterin said in a recent blog post. “Perhaps in the 1980s during the administration of a president who was also a movie star, we might have seen something comparable.”

Although Trump does not directly receive proceeds from token sales, critics argue that the gala incentive can still drive token prices up — increasing Trump’s wealth and influence without transparency or accountability.

Democratic lawmakers have expressed alarm over the potential ethical violations. Senators Elizabeth Warren and Adam Schiff requested that the U.S. Office of Ethics open a probe into the President’s actions, noting that the dinner could indicate that Trump and his officials may be engaging in “pay to play” corruption by selling presidential access to individuals or entities. Senator Chris Murphy labeled the initiative as the “most brazenly corrupt” action by a sitting president.

Despite the strong opinion from Senator Ossoff, a formal inquiry seems improbable — the Republicans control Congress, and President Trump fired the Ethics Office director in February. The White House has argued that his children manage his assets and that he has no conflict of interest.

To begin impeachment proceedings, the House of Representatives must vote to charge the president with “treason, bribery, or other high crimes and misdemeanors.” If passed, the Senate would then hold a trial. Two-thirds of senators must vote to convict or remove the president.

Trump already faced two impeachments in his first term, failing to lead to conviction in the Senate.

Senator Ossoff warned that the issue extends beyond a single gala or cryptocurrency. He said the U.S. political system is already plagued by a troubling norm where elected officials often give access in exchange for campaign contributions. However, Ossoff noted that what President Trump is doing marks a dangerous new development — granting access based on an asset that increases in value and benefits him.

"We can't have a system where the president is selling access to the highest bidders, especially when the bidders are investing in an asset designed to enrich the president directly," Ossoff added.

The senator's comments come as President Trump is expected to return to Washington, D.C., next week to prepare for the 2024 presidential election.

As the midterm elections approach, Ossoff urged voters to back Democratic candidates, saying restoring checks and balances would only be possible if Democrats gained control of