"The Trump family engagement in the meme coin world has made this work more complicated because it has distracted, I think, our members, both Republican and Democrat, from what we need to do."
Context: It's not the first time Hill has said that, but he also pivoted last week to say that, for those who think investors need to be warned off meme coins, the best move would be to pass legislation for a disclosure-based regime for crypto assets.
That is, his CLARITY act, introduced the day before his comments at the event.
