The “most important fish in the sea” just exposed one of the biggest management failures in decades. A new assessment shows Atlantic menhaden quotas were set 300 million pounds too high. The fallout could reshape both the Atlantic and Gulf fisheries — and what happens next is up to us. Our Association stands firm on three statements: (1) The Atlantic fishery needs to "take the cut", and the industrial reduction fleet needs to front a majority of that reduction. We can no longer accept half the coastwide TAC being taken from the Chesapeake Bay. (2) The Gulf fishery lacks a TAC/Quota. It is shocking that an industrial operation of this scale has no upper limit in 2025. This can no longer be true. (3) Buffer zones should not be repealed in any capacity.