Latest News
By Paige Wagenknecht | Mar 18, 2024
Ongoing advocacy for Natural Asset Companies' integration into public markets continues despite the Security Exchange Commission’s withdrawal of its proposed inclusion of NACs on the New York Stock Exchange in January.
By Federal Newswire | Mar 12, 2024
Utah State Treasurer, Marlo Oaks, has expressed concerns about the increasing push for Natural Asset Companies (NACs), highlighting their potential to disrupt traditional economic activities. His comments were made in a statement to the Federal Newswire.
By Federal Newswire | Mar 8, 2024
Marlo Oaks, the Utah state treasurer, recently appeared before the U.S. House Committee on Natural Resources to testify in a hearing titled "Monetizing Nature and Locking up Public Land: The Implications of Biden's Strategy for Natural Capital Accounting." During his testimony, Oaks expressed concerns that despite the withdrawal of the Natural Asset Company (NAC) proposal, the Biden Administration continues to attempt to control public land use, causing potential harm to local economies and landowners.
By Federal Newswire | Mar 8, 2024
Ten Congressional leaders, spearheaded by U.S. Representative Mary Miller (R-Ill.), have penned a letter expressing apprehensions about the Net-Zero Banking Alliance (NZBA), an initiative of six major banks, as reported by American Stewards of Liberty (ASL). The NZBA's objective is to synchronize their lending and investment portfolios with net-zero greenhouse gas emissions by mid-century or earlier, in compliance with United Nations' (U.N.) policies advocating such standards, especially within the agricultural sector.
By Federal Newswire | Mar 5, 2024
U.S. Representative Mark Green (R-Tenn.), the chairman of the House Committee on Homeland Security, has introduced a new bill designed to safeguard America's lands by countering potential future proposals from the Securities and Exchange Commission (SEC) concerning Natural Asset Companies (NACs). The legislation is named the Protect America’s Lands Act.
By Federal Newswire | Mar 5, 2024
In a February article, The New York Times suggested that opponents of Natural Asset Companies (NACs) were disseminating fear through "spurious" arguments. In response, Marlo Oaks, the State Treasurer of Utah, expressed his disagreement in an interview with the Federal Newswire. He stated that the opposition and concern regarding the implementation of NACs are entirely justified.
By Federal Newswire | Mar 4, 2024
A recent press release from American Stewards of Liberty (ASL) delves into a recent article by The New York Times (NYT) on the failed Natural Asset Companies (NACs) initiative and its subsequent attempt at rebranding. The NYT piece proposes a fresh approach where NACs would attribute a market value to ecosystem improvement rather than destruction, marking a departure from traditional conservation strategies.
By Federal Newswire | Feb 16, 2024
Justin Bis, director of the Financial Fairness Alliance (FFA), stated that the "elites" have not conceded defeat, despite the withdrawal of the Natural Asset Company (NAC) proposal. In a recent opinion piece penned for the Washington Examiner, Bis claimed that the new concept of "Ecosystem Accounting" is their next move, an approach he criticizes as being based on misleading statistics rather than factual data.
By Federal Newswire | Feb 15, 2024
A memorandum from the House Subcommittee on Oversight and Investigations has expressed concerns that the Biden administration's attempts to establish a national valuation system for natural assets, in line with United Nations standards, could potentially jeopardize the governance of federal lands and waters. The hearing is titled "Bidenomics & Land Management: The Misguided National Strategy to Develop Environmental Economic Decisions."
By Federal Newswire | Feb 14, 2024
Whitney Webb, a contributing editor at Unlimited Hangout, has expressed her views on BlackRock CEO Larry Fink's intentions to "tokenize" everything for Wall Street trading. This statement comes in the wake of the U.S. Securities and Exchange Commission (SEC) issuing a public notice that the New York Stock Exchange (NYSE) had withdrawn its proposed rule to approve the creation of "Natural Asset Companies" (NACs) on Wall Street.
By Federal Newswire | Feb 12, 2024
Arizona State Senate President Warren Petersen (R-14) has filed a lawsuit against the Biden Administration for seizing almost a million acres of land in the state in 2023. The land, falling in both Coconino and Mohave counties, was designated as a “national monument.”
By Federal Newswire | Feb 8, 2024
Smith, along with other House Republicans, has initiated a series of bills intended to counteract President Joe Biden’s 30x30 initiative. Having been elected to the state House of Representatives in 2022, Smith introduced House Concurrent Memorial 2005. This legislation calls upon Congress and Biden to endorse the Reverse 30x30 initiative, which aims to return 30% of federally controlled lands to their respective states by 2030.
By Federal Newswire | Feb 5, 2024
Three Nebraska legislators have introduced a bill aimed at preventing the state and its subdivisions from conducting transactions, investments, or business with Natural Asset Companies (NACs). This development follows the recent decision by the Securities and Exchange Commission (SEC) to withdraw a proposal that would have added NAC listing standards to the New York Stock Exchange (NYSE).
By Federal Newswire | Feb 2, 2024
Austin Knudsen, Montana's attorney general, recently voiced his concerns about the organizations leading the push for Natural Asset Companies (NACs), stating that these groups are threatened by investigation and exposure. His comments were made during a radio program called "SHOT show".
By Federal Newswire | Jan 29, 2024
Randall Brink, a contributing author for RVtravel, recently penned an article in response to the Securities and Exchange Commission's (SEC) decision to withdraw the Natural Asset Company (NAC) proposal. Brink hailed this development as a victory for the RV community and outdoor enthusiasts.
By Federal Newswire | Jan 29, 2024
U.S. Senator Cynthia Lummis (R-Wyo.) has commended the New York Stock Exchange's (NYSE) decision to retract the proposed Natural Asset Company (NAC) rule. Before this development, Lummis had collaborated with fellow Wyoming Congresswoman U.S. Representative Harriet Hageman (R-Wyo.) in expressing opposition to the rule.
By Federal Newswire | Jan 26, 2024
U.S. Sen. John Barrasso (R-Wyo.) has expressed his support for the New York Stock Exchange's (NYSE) decision to withdraw a proposal to incorporate Natural Asset Companies (NACs) into the Exchange. He highlighted the potential threat this could have posed to public lands. His remarks came shortly after the U.S. Securities and Exchange Commission (SEC) announced the termination of the proposal.
By Federal Newswire | Jan 25, 2024
The U.S. Securities and Exchange Commission (SEC) withdrew the proposed rule to establish Natural Asset Companies (NACs) on Wall Street on Jan. 17. The withdrawn rule drew criticism from U.S. Rep. Harriet Hageman (R-Wyo.) due to its potential impact on her home state of Wyoming.
By Federal Newswire | Jan 25, 2024
U.S Representative John Curtis (R-Utah) has expressed his opposition to the control of public land by Natural Asset Companies (NACs). His comments come in the wake of the Security and Exchange Commission's (SEC) recent withdrawal of a proposal to add NAC listing standards to the New York Stock Exchange (NYSE).
By Federal Newswire | Jan 24, 2024
Amanda Radke, a fifth-generation rancher and writer from South Dakota, penned an opinion piece for Farmer's Advance where she discussed the New York Stock Exchange's (NYSE) decision to withdraw the proposed Natural Asset Company (NAC) rule. Radke hailed this development as a victory for individuals residing in central, rural America.
