Someone was saying they want to rename it to work around the laws preventing drilling in the Gulf. It sounds really stupid, but that is on par for this shit show of an administration.
They're on this stupid renaming kick. Renaming all the "woke" names back to the "original" white slavers and racists these places originally honored. There are few enough brain cells and energy in government and this is what Trump is making them waste it on. Gulf of THE AmericaS would make sense but obviously the intent is to claim it as the US's.