President Donald Trump is set to attend an exclusive dinner Thursday night with the top investors in his personalized meme coin—a gathering that Democrats are calling a blatant conflict of interest and a troubling example of how Trump is leveraging his presidency for private financial gain.

White House spokesperson Anna Kelly said that Trump “only acts in the best interest of the American public — which is why they overwhelmingly re-elected him to his office, despite years of lies and false accusations against him and his business from the fake news media.”

Trump hosted a black-tie dinner at his Virginia golf club for 220 investors who gave a combined $148 million to his crypto venture.