Punchbowl's Jake Sherman posts "It’s now somewhat of consensus in the rank and file and in the leadership that the house won’t move to fund DHS until they see appreciable progress on reconciliation"
This headline indicates a consensus among congressional leadership regarding the funding for the Department of Homeland Security (DHS).
Newsquawk Daily Asia-Pac Opening News - 3rd April 2026
Iranian Foreign Minister Araghchi warned about UN Security Council issuing a resolution about Iran in a call with Russia's Foreign Minister Lavrov
Punchbowl's Jake Sherman posts "It’s now somewhat of consensus in the rank and file and in the leadership that the house won’t move to fund DHS until they see appreciable progress on reconciliation"
IRGC says it hit Oracle (ORCL) infrastructure in the UAE
Heavy explosions were heard at the American base in Bahrain, according to Merz News Agency
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The emphasis on needing progress on reconciliation suggests a potential stalemate in negotiations, which could impact fiscal policy and government operations. If these funding issues are prolonged, watch for implications on market sentiment and risk assets, particularly in sectors reliant on government contracts.
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