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 ...