The H. R. 1712, titled the “Modern Emoluments and Malfeasance Enforcement Act” (MEME Act), aims to amend title 5 of the United States Code to prevent certain financial activities by federal officials. The bill prohibits federal officials and certain related individuals from...
Simple Explanation
The MEME Act is a rule that stops government workers from making money through certain buying and selling activities while they have their job, to ensure they work for everyone's benefit and not just their own. If they break this rule, they might have to pay a lot of money or even go to jail.