Nickname given to President Joe Biden after he signed the $1.9 trillion COVID-19 relief bill. The moniker is coined after Memphis rapper
Moneybagg Yo. The meme originated on Twitter, when user @deviousnegus tweeted "Moneybagg Joe" in response to news of the relief package. The term is often seen with
photoshopped images of the President in
stereotypical "hip-hop" attire, such as expensive chains, bust-down watches, durags ...