In an interview with Bloomberg on Tuesday, Securities Exchange Commission (SEC) Commissioner Hester Peirce was asked about the official Meme coins of President Donald Trump and his wife, TRUMP and MELANIA, and whether such cryptocurrencies fall under the agency's jurisdiction. The newly appointed head of the SEC's cryptocurrency task force said such assets may not fall under its jurisdiction. President Donald Trump launched his Solana-based memo token, TRUMP, ahead of his inauguration on January 20, and Melania Trump soon launched her own.