According to UN Environment, by 2050, there could be more plastic than fish in our oceans. That's why the Economist is hosting its 5th World Ocean Summit right now. Lisa Emelia Svensson is the Global Director for Ocean at UN Environment and she joined Cheddar from the Summit. Svensson explains that the focus of this year's summit is to grow awareness around issues facing the ocean and to partner with private sector businesses that can bring financing and innovation to the space. Svensson stresses the importance of protecting the coral reef as well. Coral reefs not only protect coastlines, but the beautiful organisms serve as major tourist attractions across the world. The dual financial impact makes protecting reefs essential for conservationists and governments alike.

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Trump Administration Shutters Consumer Protection Agency
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
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