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Marissa Knodel, Friends of the Earth, (202) 222-0729, mknodel@foe.org
Blake Kopcho, Center for Biological Diversity, (805) 708-3435, bkopcho@biologicaldiversity.org
The U.S. House of Representatives Committee on Natural Resources will vote on a bill today that could alter the longstanding practice of holding offshore fossil fuel lease sales in person and instead relegate them to an internet-based system. Proposed under the guise of efficiency, the switch will marginalize public input and comes amid rising public pressure to end new oil and gas leasing on public lands and oceans in the face of the growing climate crisis.
The House Committee on Natural Resources is scheduled to vote on House Resolution 5577 at 10 a.m. today.
A coalition of community-based groups from the Gulf Coast and Alaska, supported by national allies, sent a letter strongly opposing the bill, warning that the change would threaten wildlife, coastal communities and the climate.
"Government leasing decisions must be as transparent and accountable to the American people as possible. This can only be ensured by allowing the public to openly and directly participate in every step of the leasing process, from the environmental review to the sale itself," reads the letter from 23 groups.
Gulf Coast residents this year launched an unprecedented effort to demand no new leases in the Gulf of Mexico. They were joined by groups who have been waging a national "Keep It in the Ground" campaign calling for an end to new fossil fuels leases on federal lands and waters at a large demonstration on March 23 in New Orleans. At the Superdome hundreds joined a boisterous demonstration against expanding offshore drilling. Another offshore lease sale is scheduled for New Orleans on Aug. 24, and significant protests are being organized.
"If Representative Graves and other congressmen were acting on behalf of regular people, they would introduce a bill to make the oil industry pay for its century of destruction along the Gulf Coast," said Anne Rolfes, founding director of the Louisiana Bucket Brigade. "Instead it's business as usual -- protecting Big Oil at the expense of the public."
"The people of the Gulf South who live, work and play along the Gulf of Mexico are ready to transition into clean energy sources that lessen impacts to the environment, create a sustainable job market, and protect human and non-human health," said Mary Gutierrez, executive director of Earth Ethics, Inc. "We will no longer allow big industry or the government to dictate the type of energy source we want for our communities. We want our voices heard. We have a responsibility to advocate for and implement changes. We are ready to accept those responsibilities. We are ready for action."
"How are indigenous communities closest to federal oil and gas land leases going to participate in what's supposed to be a public process? The answer is: They won't be able to," said Dallas Goldtooth of the Indigenous Environmental Network. "This bill is nothing but a farce pandering to the interests of Big Oil and Gas. All dealings of federal land leases must remain physically public to ensure transparency and equity for remote indigenous communities."
"People are demanding climate action and an end to offshore drilling, fracking, oil spills, and treating coastal communities like sacrifice zones. This is a vibrant, growing movement that deserves to be heard," said Blake Kopcho, a Center for Biological Diversity organizer who has been working with groups in the Gulf. "If we're going to sell off public resources and worsen the climate crisis, the decisions should be made out in the open, in the bright light of day and with the full participation of the American public."
"New fossil fuel leasing is wrong for people and the planet. Moving lease sales online will only make it easier for fossil fuel companies to get away with turning our public lands and waters into energy sacrifice zones," said Marissa Knodel, climate campaigner at Friends of the Earth. "Across the nation, the movement to keep fossil fuels in the ground is gaining strength and momentum. Congress must listen to the voices of the people calling for a safe climate future and just transition to a renewable energy economy, not the fossil fuel industry."
Friends of the Earth fights for a more healthy and just world. Together we speak truth to power and expose those who endanger the health of people and the planet for corporate profit. We organize to build long-term political power and campaign to change the rules of our economic and political systems that create injustice and destroy nature.
(202) 783-7400Data released by the University of Michigan and Gallup this week showed US consumer sentiment cratering even as stock markets hit record highs.
Multiple polls and surveys released in recent days have shown US consumer sentiment cratering—and all the while, the US stock market keeps hitting record highs.
The Kobeissi Letter, a financial newsletter, posted a graphic Saturday that matched consumer sentiment as measured by the University of Michigan's Surveys of Consumers with the performance of the S&P 500 stock index over a 30-year span.
The graphic shows that, up until around 2020, consumer sentiment matched stock market performance closely, although there was a large divergence between the two leading up to the 2008 financial crisis, where stocks briefly outperformed consumer sentiment before crashing downward as the housing bubble burst.
But throughout the last six years, the graphic shows, the S&P 500 has produced an almost continuous upward surge even as consumer sentiment spirals downward.
Absolutely incredible:
Over the last 6 years, the S&P 500 has risen +130% while US Consumer Sentiment has collapsed by -55%, to its lowest since data began in 1952.
We are witnessing the formation of the biggest wealth divide in modern history. https://t.co/XGMR6DfuNc pic.twitter.com/2w7cRvn7ok
— The Kobeissi Letter (@KobeissiLetter) May 23, 2026
"Absolutely incredible," commented Kobeissi Letter. "Over the last six years, the S&P 500 has risen +130% while US Consumer Sentiment has collapsed by -55%, to its lowest since data began in 1952. We are witnessing the formation of the biggest wealth divide in modern history."
Kobeissi Letter produced the graphic one day after the University of Michigan's latest survey found consumer sentiment hitting the lowest level on record.
Joanne Hsu, director of the survey, observed that "the cost of living continues to be a first-order concern, with 57% of consumers spontaneously mentioning that high prices were eroding their personal finances, up from 50% last month."
On the same day, Gallup published new data showing that Americans' economic confidence has fallen to its lowest level since October 2022, with just 16% of Americans rating the economy as excellent or good, and nearly half describing it as poor.
Axios reported on Saturday that even Republicans have been growing sour on the US economy, citing a recent poll from The Associated Press showing GOP approval of President Donald Trump on the economy to be at around 60%, down from 80% just three months ago.
"The growing GOP gloom could hardly come at a worse time for Trump and the party," Axios noted, "less than six months out from a midterm election that's likely to turn on the economy."
The gap between overall consumer sentiment and stock market performance also lines up with recent consumer spending trends. Data published by The Financial Times earlier this year showed that the top 10% of earners in the US now account for nearly half of all consumer spending, while the bottom 80% of earners now account for less than 40% of all consumer spending.
A February report from TD Economics economist Ksenia Bushmeneva noted that “the economic divide between America’s households at the top of the income spectrum and everyone else continued to widen last year,” as “upper-income households benefited from the still-robust wage growth, strong gains in equity markets, and better access to consumer credit.”
"Private equity is destroying our favorite baseball team, stripping them for parts," Democratic US Senate candidate Platner said in an ad that aired on the New England Sports Network.
Maine Democratic US Senate candidate Graham Platner on Saturday said that a campaign ad that aired during a Boston Red Sox game was "taken down" after it took aim at the team's ownership.
The ad in question features Platner discussing the role that private equity firms play in the US economy, including sports teams.
"Private equity is destroying our favorite baseball team, stripping them for parts," Platner says at the start of the ad. "Private equity is buying up our homes, our sports, and our lives. I will reverse the private equity curse."
Private equity is taking our homes. It's taking our hospitals. It's taking beloved local businesses and stripping them for parts.
And now private equity is running the Red Sox into the ground.
Our new ad ⬇️ pic.twitter.com/w7LapElpdA
— Graham Platner for Senate (@grahamformaine) May 22, 2026
Platner concludes the ad by saying that he approves this message "because I miss Mookie Betts," the star player whom the Red Sox traded to the Los Angeles Dodgers in 2020 in a deal that was widely decried by local fans as a salary dump.
According to Platner, his campaign began airing the ad Friday on the New England Sports Network (NESN), the cable TV station owned partially by Fenway Sports Group, the conglomerate that owns the Red Sox.
However, he said that "midway through the game the ad was taken down" by NESN, after which the Red Sox proceeded to blow a 4-0 lead, losing to the Minnesota Twins by a final score of 8-6.
Platner, an oyster farmer and upstart candidate who has never before held political office, became the Democratic Party's presumptive nominee for the 2026 US Senate race in Maine last month after his top rival, Democratic Maine Gov. Janet Mills, dropped out of the race.
In recent weeks, Platner has pivoted to challenging incumbent Sen. Susan Collins (R-Maine), who has held the seat since 1996 and is now running for her sixth term in office.
The policy change means "we could have families separated for months or years," said one expert.
Critics are slamming the Trump administration for implementing a new rule that foreigners who apply for green cards must do so from abroad.
US Citizenship and Immigration Services (USCIS) on Friday announced that foreigners currently in the US who want to establish permanent legal residency must first return to their countries of origin to apply for a green card.
This announcement broke with decades of US immigration policy, which made it possible for immigrants in the US to obtain green cards without having to leave the country.
Doug Rand, a former senior advisor at USCIS under President Joe Biden, said in an interview with The Associated Press that "the goal of this policy is very explicit," which is to block a path to citizenship "for as many people as possible."
Sarah Pierce, a former USCIS policy analyst, told The New York Times that the rule change could have particularly dire consequences to foreigners who are married to US citizens and will now have to apply for permanent residency from overseas.
"Our consular processing system through which they would have to apply is already overburdened," Pierce explained. "So that means we could have families separated for months or years."
Aaron Reichlin-Melnick, senior fellow at the American Immigration Council, similarly noted that the new policy "could force people to leave their jobs, homes, and families for weeks or months, all at their own expense" just to stay in a country where they have already established roots.
Reichlin-Melnick said that the full scope of the policy isn't yet clear because there are several unknown details about how broadly it will be applied, but added that "in the meantime, hundreds of thousands of immigrants now have to worry about upending their lives to get a legal status that they are entitled to under our laws."
Drop Site News reporter Ryan Grim argued that the new policy rips the mask off Trump administration claims that they aren't opposed to all immigration, they simply want to reduce undocumented immigration.
"The talking point that we do want legal immigration, we just want people to get in line and follow the rules, is BS," Grim commented. "This is an attempt to blow up the line, blow up the rules, and make it insanely difficult to immigrate legally."
Rep. Chuy García (D-Ill.) echoed Grim's comments by pointing out that the new policy shows the Trump administration's disdain for immigration overall.
"This new policy will force thousands of LEGAL immigrants, including spouses of US citizens, to leave their homes, families, and jobs for weeks or even months to get their green card outside the US," said García. "This is an absurd and cruel policy."
Rep. Adriano Espaillat (D-NY), chairman of the Congressional Hispanic Caucus, condemned the new policy for targeting "students, scientists, entrepreneurs, spouses of US citizens, and other individuals following legal immigration processes."
"Aspiring lawful permanent residents are valued members of our communities, workforce, and economy," Espaillat emphasized. "I will continue fighting to protect the rights of aspiring green card holders and immigrant families."