Latest News
Biden's 30x30 plan locked down 24 million acres of land in 3 years for conservation, 12.5 million in 2023 alone
By Federal Newswire | Jan 9, 2024
President Joe Biden's 30x30 plan has successfully conserved 24 million acres of land over the past three years, with an addition of 12.5 million acres to Federal lands in 2023 alone. A recent article from the American Stewards of Liberty (ASL) reveals that Biden has also increased his conservation spending, allotting $18 billion to conservation projects.
Growing opposition emerges against NYSE's Proposed Rule Change on NAC's as organizations voice concerns to SEC
By Federal Newswire | Jan 8, 2024
Recently, hundreds of new groups have submitted comments to the Securities and Exchange Commission (SEC), expressing their opposition to the New York Stock Exchange's (NYSE) Proposed Rule Change to Natural Asset Companies (NACs). Among these opposing entities are grassroots organizations such as the Texas Farm Bureau, the Women’s Mining Coalition (WMC), and the Allegheny Forest Alliance (AFA).
SEC reopens comment period on Natural Asset Companies amid property rights concerns
By Federal Newswire | Jan 3, 2024
The Securities and Exchange Commission (SEC) has issued an official announcement, indicating the reopening of comments on the proposed rule for Natural Asset Companies (NAC). The extended deadline for submitting comments is now set for January 18.
Allegheny Forest Alliance Director Julia McCray: 'Our own government is betraying us'
By Federal Newswire | Dec 21, 2023
Julia McCray, the executive director of Allegheny Forest Alliance (AFA), recently expressed her concerns regarding the proposed Natural Asset Company (NAC) rule, which is currently under consideration by the Securities and Exchange Commission (SEC). She called upon Americans to oppose this rule, describing it as a "boot on the throat" of small communities.
Club for Growth Foundation raises concerns over NYSE's proposed rule change
By Federal Newswire | Dec 21, 2023
The Club for Growth Foundation, an organization known for advocating economic freedom and limited government, has expressed concerns to the Securities and Exchange Commission (SEC) regarding a proposed rule change sought by the New York Stock Exchange (NYSE). The proposed rule pertains to Natural Asset Companies (NACs), and the Foundation argues that this could cause the SEC to deviate from its mission as established by Congress in the Securities Exchange Act of 1934.
Congresswoman Hageman calls for transparency and extended comment period on SEC's NAC listing proposal
By Federal Newswire | Dec 18, 2023
In a letter addressed to Securities and Exchange Commission (SEC) Chairman Erik Gerding, Congresswoman Harriet M. Hageman, along with thirty-one U.S. House Members, expressed deep concern over the SEC's proposed rule to approve the New York Stock Exchange's (NYSE) listing of Natural Asset Companies (NACs). The letter outlined the intricate nature of the proposal and raised critical questions regarding its potential impact on public and private lands.
Rep. Langworthy introduces Defense of Property Rights Act
By Federal Newswire | Dec 15, 2023
The American Stewards of Liberty (ASL), a nonprofit organization, recently disclosed that US Representative Nick Langworthy (R-NY) introduced his Defense of Property Rights Act earlier this week. The ASL press release states that the bill is aimed at addressing private property rights under the Fifth Amendment.
Director of BlueRibbon Coalition opposes NAC rule: 'We don’t trust the administrative rulemaking process'
By Federal Newswire | Dec 15, 2023
Ben Burr, Executive Director of BlueRibbon Coalition, recently informed the Federal Newswire that both members and supporters of the coalition are in opposition to a proposed rule that would establish a new investment entity known as the Natural Asset Company (NAC). The Securities and Exchange Commission (SEC) is currently considering this rule.
New report from Western Caucus Foundation reveals deceptive 'recoveries' undermine Endangered Species Act's credibility
By Federal Newswire | Dec 14, 2023
A new report by Rob Gordon of the Western Caucus Foundation has uncovered discrepancies within the Endangered Species Act (ESA) as the landmark legislation nears its 50th anniversary. The report, published on Dec.13 and titled The Endangered Species Act at 50, exposes serious flaws in the program's claims of species recovery.
Utah state treasurer on Natural Asset Companies: 'One of the greatest threats to rural communities in the history of our country'
By Federal Newswire | Dec 13, 2023
Utah Treasurer Marlo M. Oaks has voiced strong opposition to a proposed initiative by the Securities and Exchange Commission (SEC) that may pave the way for the formation of a Natural Asset Company (NAC) on the New York Stock Exchange (NYSE). In a press release issued on December 11, Oaks expressed grave concern over the proposal's potential to significantly affect rural economies and public lands.
Garfield County Colorado Board of Commissioners concerned with proposed NAC rule
By Federal Newswire | Dec 12, 2023
The commissioners of Garfield County, Colorado, have formally communicated their concerns about the proposed Natural Asset Company (NAC) ruling to Vanessa Countryman, the secretary of the Securities and Exchange Commission (SEC). The letter outlines two primary objections to the rule currently under consideration by the SEC.
OPINION: The SEC Rule on Natural Asset Companies Will Cripple Land Use in America
By Marlo Oaks | Dec 11, 2023
Hijacking corporate finance to advance political agendas has taken a new and alarming turn. After the briefest of comment periods, the Securities and Exchange Commission (SEC) is considering a far-reaching rule change that will dramatically alter the ownership and use of public and private land in the United States.
Navigating Property Rights: Roger Marzulla's Insights into Takings Law
By Federal Newswire | Dec 11, 2023
Roger Marzulla was Assistant Attorney General for Environment and Natural Resources at the Department of Justice, and past President of the Mountain States Legal Foundation. He is coauthor with his wife of “Property Rights: Understanding Takings and Environmental Regulation.”
Arizona legislative leaders join lawsuits over Biden's Utah monument designations
By Federal Newswire | Dec 6, 2023
A lawsuit filed by four Utah plaintiffs challenging the Biden Administration's recent monument designations was joined last month by Arizona legislative leadership. The parties in Utah filed the lawsuit in 2022 over the practical consequences of these proclamations harming various groups, including local businesses, miners, ranchers, and Native Americans.
Department of the Interior strengthens partnership between public, private organizations for Indian Country
By Federal Newswire | Dec 5, 2023
The Department of the Interior has launched a series of initiatives aimed at strengthening partnerships with Native communities. These include an oral history project to create a permanent record of survivors from federal Indian boarding schools and an initiative with AmeriCorps for the Indian Youth Service Corps.
Bureau of Land Management opens comment period for proposed June 2024 lease sale in Nevada
By Federal Newswire | Nov 28, 2023
The U.S. Bureau of Land Management is asking the public to comment on a proposed lease sale of 2320 acres in Nevada. The public consultation process, aimed at determining the best use for these federal lands, has opened with a 30-day window for responses.
SEC Commissioner Mark Uyeda’s comments raise confusion over potential rule change for natural asset companies
By Federal Newswire Report | Nov 22, 2023
SEC Commissioner Mark T. Uyeda delivered a keynote address on Nov. 17 at the 26th annual Japan–U.S. Symposium, emphasizing the crucial role of regulators in maintaining the strength of the U.S. and Japanese capital markets.
O’Neal: ‘This proposal will allow quicker action by law enforcement agencies when necessary’
By Federal Newswire | Nov 20, 2023
The Bureau of Land Management is proposing rule changes for restrictions on public land use or temporary closures and invites the public to comment. These proposed changes aim to modify current procedures for announcing temporary closures, making rules effective, and ensuring tribal uses of the land.
The Fight for Access and Management: Kerry White Unveils the Challenges of Federal Land Use
By Federal Newswire | Nov 17, 2023
Kerry White is the President of Citizens for Balanced Use.
Top Arizona legislators join Utah legal battle against Biden's monument designations
By Federal Newswire | Nov 15, 2023
Arizona Senate President Warren Petersen and Arizona House Speaker Ben Toma have filed an amicus brief in support of a lawsuit in Utah against President Biden. They filed it in the Tenth Circuit U.S. Court of Appeals on Monday, Nov. 6.
