Trump's New Policies: Fishing Areas Opened and Pressure on Federal Reserve

Fri 18th Apr, 2025
Trump Opens Marine Protected Areas for Commercial Fishing

In a recent executive order, President Donald Trump has implemented significant measures aimed at enhancing the domestic fishing industry. The directive instructs the Department of Commerce to relax existing regulations and to open marine protected areas to commercial fishing. This decision aims to bolster domestic seafood production and promote exports. Notably, the Pacific Remote Islands Marine National Monument, located southwest of Hawaii, has had over 160,000 hectares designated for commercial fishing activities.

Environmental organizations have voiced strong opposition to this decision, expressing concerns about the potential long-term impact on sensitive ecosystems. Current statistics indicate that the United States imports nearly 90 percent of its seafood.

Trump Considers Meeting with EU Officials

During a joint appearance at the White House, Italian Prime Minister Giorgia Meloni announced that President Trump is contemplating an official visit to Rome. Additionally, he is considering a meeting with representatives from the European Union. This comes as Trump expressed optimism about reaching an agreement regarding tariff disputes with the EU, stating his expectation for a fair outcome.

Potential Changes in Federal Reserve Leadership

According to reports from a leading financial publication, President Trump has been deliberating the possibility of dismissing Federal Reserve Chairman Jerome Powell. Discussions have reportedly taken place regarding the potential appointment of former Fed Governor Kevin Warsh as a successor. However, Warsh has indicated that Powell should complete his term, which is set to run until May 2026. The White House has not yet released an official comment regarding these developments. Trump has previously criticized Powell and has called for a reduction in interest rates.

Consumer Protection Agency Announces Significant Job Cuts

The Consumer Financial Protection Bureau (CFPB) has revealed plans to lay off up to 90 percent of its remaining workforce. This announcement follows a recent court ruling that grants the Trump administration greater latitude in personnel decisions. According to agency representatives, approximately 1,500 employees, primarily in the oversight and enforcement sectors, will be affected, leaving only around 200 staff members remaining. This move is part of an ongoing legal battle, with labor unions and consumer protection advocates arguing that dismantling the agency is unlawful, prompting a request for judicial review.

International Students Challenge Visa Revocation

Over 130 international students have joined a lawsuit against the U.S. government, alleging the wrongful revocation of their visas. The lawsuit claims that the immigration authorities removed their student status without prior notice, exposing them to potential arrest, detention, or deportation. Initially filed by 17 students in Georgia, the lawsuit has garnered support from an additional 116 plaintiffs. This action is connected to a broader initiative by the Trump administration targeting specific universities. Recently, Trump threatened Harvard University with withdrawal of federal funding and loss of its status as an academic institution, accusing it of promoting a misguided ideology and tolerating antisemitism, particularly in light of recent protests at U.S. universities related to the ongoing Gaza conflict.

Federal Hiring Freeze Extended

President Trump has announced the extension of a federal hiring freeze until July, as confirmed by his administration. The hiring ban, originally instituted on his first day in office, was scheduled to expire soon. The new order, which Trump is set to sign, will prolong the freeze for an additional three months.


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