(The Center Square)—Charter captains, commercial fishermen and recreational fishing advocates launched a national campaign this week urging President Donald Trump to issue an executive order restricting foreign industrial fishing in U.S. waters.
The campaign calls for new protections to defend American jobs, marine ecosystems and the future of coastal communities.
The campaign, titled “Make America Fish Again,” was introduced this week at a virtual news conference with participants from Virginia, Maryland, Louisiana and other coastal states. Organizers say foreign-controlled fleets are overharvesting forage fish like menhaden, herring and mackerel. These small schooling species serve as prey for larger predators such as striped bass, tuna and whales.
They are asking President Donald Trump to take executive action to ban midwater trawling and reduction fishing, direct NOAA to set science-based catch limits and prioritize access to U.S. waters for domestic fleets.
“Only the Lord can save more fish than Donald Trump,” said Capt. Vinnie Calabro, a commercial striped bass fisherman and charter operator.
Virginia’s Central Role in the Issue
Virginia is at the center of the debate. According to the Atlantic States Marine Fisheries Commission, Virginia received 75.2% of the total Atlantic menhaden catch allocation in 2023. Ocean Harvesters, a Reedville-based company, operates the menhaden operating in the Commonwealth. Ocean Harvesters has a long-term supply contract with Omega Protein, which is owned by Canada-based Cooke Inc.
U.S.-based Ocean Harvesters has defended its work in Virginia, noting that menhaden fishermen have operated continuously for over 145 years in the region.
“Ocean Harvesters vessels are crewed primarily by American fishermen, many of whom are multigenerational, holding the same jobs as their fathers and grandfathers. The fishery employs hundreds of local workers directly, and hundreds more indirectly, and has long been one of the best sources of good-paying jobs in the region,” the company said in a statement.
Menhaden are not directly consumed by people but are processed into fishmeal and oil. Sportfishing and conservation groups argue that industrial “reduction fishing” depletes the base of the marine food chain and harms both ecosystems and the fishing economy.
“Our anglers have long been concerned about large-scale reduction fishing in our fragile Chesapeake Bay,” said Steve Atkinson, chairman of the Virginia Saltwater Sportfishing Association. “We encourage President [Donald] Trump to protect these critical forage fish and our fishing economy.”
The news release cites federal data showing 2.3 million U.S. jobs and a $321 billion domestic fishing economy could be affected by overfishing. In Virginia and Maryland, striped bass harvests have dropped by more than half since the mid-2000s, according to NOAA Fisheries.
In the Chesapeake Bay, a 2023 study published in Frontiers in Marine Science reported that osprey reproduction in the bay’s main stem fell to 0.6 chicks per active nest, below the 1.15 threshold needed for sustainability. Researchers linked the decline to reduced availability of menhaden, a key forage species.
“This is more than fishing,” said Capt. Michael “Red” Frenette, a Louisiana charter guide featured in the campaign video. “I’m speaking up for thousands of communities like mine. We’ve had enough.”
The campaign has now called on Trump to issue an executive order with four main directives:
- Ban midwater trawls for forage species
- End reduction fishing of small bait fish in U.S. waters
- Direct the National Ocean and Atmospheric Administration to manage forage fish for ecosystem health
- Set science-based catch targets to protect predator species
Organizers say the effort aligns with the president’s focus on economic nationalism and marine conservation.
As previously reported by The Center Square, the conflict centers on local anglers’ claims that a Canadian-owned company is dominating menhaden fishing in U.S. waters. A federal judge dismissed a 2021 lawsuit in January against Cooke Inc., Ocean Fleet Services, Ocean Harvesters and others.
The lawsuit had argued the companies misrepresented their structure to qualify for U.S. fishing permits in violation of federal ownership rules.
The judge ruled the claims didn’t meet the legal standard under the False Claims Act. But the plaintiffs appealed, arguing the companies violated the American Fisheries Act, which requires commercial fishing vessels to be U.S.-owned and controlled.
A group of law professors backed the appeal, saying in a court brief that the ruling overlooked states’ long-standing rights to protect wildlife and weakened natural resource protections.
Ocean Harvesters, which operates the vessels, said it follows all U.S. laws.
“As required by U.S. law, all menhaden fishing is conducted by U.S.-owned fishing companies, and vessels are crewed primarily by American fishermen,” the company said.
It also said that it operates in a tightly-regulated industry and denied overfishing.
“The Atlantic States Marine Fisheries Commission, the interstate body that manages menhaden, has repeatedly found that the species is not overfished and that overfishing is not occurring—most recently confirming this finding in its 2022 stock assessment,” Ocean Harvesters said. “The Gulf States Marine Fisheries Commission similarly found in 2024 that Gulf menhaden is not overfished and overfishing is not occurring.”
In April, Trump issued a separate executive order that expanded commercial fishing access in the Pacific Remote Islands Marine National Monument. The order opened federal waters to U.S.-flagged vessels within 50 to 200 nautical miles of the monument’s boundaries. A White House fact sheet said the move would support jobs in places like American Samoa and help counter “rampant illegal, unreported, and unregulated fishing by foreign fleets.”
The Center Square contacted the White House for comment but had not received a response by the time of publication.
Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.
