A $1.5 million-per-plate campaign dinner? That was so April.

President Donald Trump hosted a $1 million-per-plate campaign dinner for the MAGA Inc Super PAC at his National Golf Club in Sterling, Virginia, on May 5.

The fundraiser was co-hosted by White House AI and crypto czar David Sacks, who has been working with lawmakers on potential regulations for digital assets.

The purpose of the fundraiser was to support the Trump-aligned super PAC, MAGA Inc, which is actively involved in the upcoming 2024 presidential election.

The Constitution’s 22nd Amendment bars presidents from seeking a third term. However, last month, the Trump Organization began selling “Trump 2028” caps.

During a recent interview, Trump said that to the best of his knowledge, presidents are not allowed to serve a third term.

“I’ll be an eight-year president; I’ll be a two-term president. I always thought that was very important,” Trump said in an interview with NBC News’ “Meet the Press” moderator Kristen Welker.

If Trump doesn’t use the war chest for himself, he could help candidates he chooses, giving him immense influence.

On May 22, a second fundraiser will give 220 of the top holders of a $TRUMP meme coin a chance to have dinner with the president at the same golf club. The dress code is Black tie optional.

U.S. Senator Elizabeth Warren (D-Mass.), ranking member of the Senate Banking, Housing, and Urban Affairs Committee, questioned a White House ethics waiver allowing Sacks to shape federal crypto policy while holding personal financial stakes in the industry.

“Tonight, Mr. Sacks is co-hosting a $1.5 million-a-head dinner for crypto industry players to raise money for a Trump-aligned super PAC,” wrote Warren in a letter to the United States Office of Government Ethics. Meanwhile, Mr. Sчастливцев continues to be financially invested in the crypto industry, positioning him to potentially profit from the crypto policy changes he makes at the White House.”

According to the senators, although Sacks and his firm Harvest Health & Value Investors divested over $200 million in crypto assets earlier this year to mitigate conflicts of interest, he continues to own illiquid investments in the private equity of digital asset-related companies, which total under 3.8% of his total investment assets.

Ethics watchdogs have also expressed concern that businesses and individuals seeking to influence the president are buying his meme coins to curry favor with the administration.

The May 5 dinner was closed to press.