California Gov. Gavin Newsom (D) accused President Donald Trump of selling access to the White House after another gala dinner was announced for Official Trump (TRUMP) memecoin holders. The Nov. 22 event at Trump National Golf Club in Washington, D.C., is open to the top 185 holders, with VIP access restricted to the top 29 based on time-weighted holdings, which combine token balances with holding duration. Trump is expected to appear as a featured speaker alongside three unnamed legends. Newsom contrasted the event with legislation he signed barring California public officials from issuing meme coins, a move his office described as the opposite of Trump's Official Trump launch. TRUMP has fallen 97% from a market capitalization of nearly $15 billion shortly after launch to $581 million as of the report, while nearly 1 million people lost $3.8 billion through the end of June. Trump received $635 million in royalties from the memecoin last year. The token was down 4.9% over 24 hours at $2.06, according to Benzinga Pro.