During a podcast he co-hosts, former UK Minister of State Rory Stewart criticized President Trump's use of meme coins for campaign contributions without necessary financial disclosures, labeling it as corrupt. Stewart raised concerns about the lack of regulation in the US crypto industry, allowing Trump to receive these contributions without transparency. For instance, a CEO disclosed a $20 million investment in TRUMP tokens, justifying it by highlighting business interests in a free trade deal. Stewart highlighted instances where President Trump seemed to use meme coins to gain favor and potential influence. Stewart also expressed amazement at Trump's use of crypto investments for financial and political gain, pointing out potential conflicts of interests with firms like Coinbase and Ripple. He also mentioned the possibility of buying access and influence by paying for private dinners or meetings with Trump, both in cash or through holding TRUMP tokens. Concerns were raised over regulatory gaps in overseeing crypto involvement in politics.