President Donald Trump has signed a proclamation to restore commercial fishing access to nearly half a million square miles in the Pacific.
The proclamation restores commercial fishing access to the Mau and Ho'omalu Zones of the Papahanaumokuakea Marine National Monument, the Islands Unit of the Mariana Trench Marine National Monument, and the Rose Atoll Marine National Monument.
Prohibiting commercial fishing is not necessary for the proper care and management of these Monuments, as many fish species are highly migratory, not unique to the area, and are already protected through existing laws, such as the Magnuson-Stevens Fishery Conservation and Management Act, the White House said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.