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Senate passes budget plan for ICE and Border Patrol in bid to reopen Homeland Security Department

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Senate passes budget plan for ICE and Border Patrol in bid to reopen Homeland Security Department
News

News

Senate passes budget plan for ICE and Border Patrol in bid to reopen Homeland Security Department

2026-04-23 16:50 Last Updated At:17:00

WASHINGTON (AP) — The Senate took the first steps in a new effort to reopen the Department of Homeland Security early Thursday, voting to adopt a budget plan that would fund ICE and Border Patrol over Democratic objections and sending it to the House.

The entire department has been shut down since mid-February as Democrats have demanded policy changes in the wake of fatal shootings of two protesters by federal agents. Republicans are now trying to fund the two immigration enforcement agencies through the complicated, time-consuming process called budget reconciliation, a maneuver that they also used to pass President Donald Trump’s package of tax and spending cuts last year with no Democratic votes.

“We have a multistep process ahead of us, but at the end Republicans will have helped ensure that America's borders are secure and prevented Democrats from defunding these important agencies,” said Senate Majority Leader John Thune, R-S.D.

The budget process only requires a simple majority in the Senate, bypassing filibuster rules that require Republicans to find 60 votes on most bills when they only hold 53 seats. But it also comes with increased scrutiny from the Senate parliamentarian and a long, open-ended series of amendment votes at the beginning and the end of the process.

The Senate held the first series of votes through the night, starting Wednesday evening and into early Thursday morning, with Democrats proposing amendments to lower health care expenses and other costs in an effort to contrast with Republicans’ focus on Trump’s campaign of immigration enforcement.

“Instead of pumping hundreds of billions of dollars into ICE and Border Patrol, Republicans should be working with Democrats to lower out-of-pocket costs,” said Senate Minority Leader Chuck Schumer, D-N.Y.

The Senate adopted the final resolution 50-48, just past 3:30 a.m.

Once the House approves the framework and the Senate Parliamentarian approves it, the two chambers can then move to pass the measure.

The Senate has already voted on a bipartisan basis to reopen the rest of the department, but Republican leaders in the House say they won’t take that bill up until the Senate shows progress toward funding ICE and Border Patrol, as well.

The $70 billion budget resolution would fund the two agencies for three years, through the rest of Trump’s term. Thune and other GOP leaders say they hope to keep the bill narrowly focused on ICE and Border Patrol and get it to Trump’s desk in the coming weeks, along with the rest of Homeland Security Department funding that has already passed the Senate.

But that could prove difficult as many in the party see the budget bill as the last real chance this year to enact their priorities. Republicans in both the Senate and House have pushed to add other items, including money for farmers and Trump’s proof of citizenship voting bill, called the SAVE America Act.

Sen. John Kennedy, R-La., briefly held up the vote series late Wednesday, frustrated that the bill would not include parts of the SAVE America Act or other legislation.

“This is the last train leaving the station,” Kennedy said, predicting they would not be able to pass any other major bills ahead of November's midterm elections. But he withdrew his objections and allowed the voting to proceed.

Democrats say any funding bill for the Homeland Security Department should place restraints on federal immigration authorities, including better identification for federal officers and more use of judicial warrants, among other asks.

After federal agents shot Renee Good and Alex Pretti in Minneapolis in January, Trump agreed to a Democratic request that the Homeland Security bill be separated from a larger spending measure that became law. But bipartisan negotiations went nowhere, and the DHS funding lapsed with no agreement on changes to the Trump administration’s immigration enforcement tactics.

In March, the Senate passed the legislation by voice vote that would separate out ICE and Border Patrol and fund the rest of the department, including the Transportation Security Administration as security lines grew long at some airports. But Republicans in the House refused to consider it, saying they wouldn’t support any bill that didn’t include money for immigration enforcement.

Congress then left town for a two-week recess, leaving the issue unresolved. Trump has used executive orders to pay some department salaries in the meantime, but the future of those paychecks is uncertain.

During the recess, Thune and House Speaker Mike Johnson announced that they would pursue a two-track approach — pass the Senate bill that includes most of the department’s funding through regular order and use the party-line bill to pass ICE and CBP funding.

Weeks later, though, Johnson has still not said when the House will take up the Senate’s legislation that would fund the rest of the department. And it is unclear if members of his GOP conference will unite behind the narrowed budget bill as some House Republicans have argued, like Sen. Kennedy, that they should add other priorities to the legislation.

Johnson said this week that the sequencing of the two bills is important. House lawmakers don’t want to see the rest of the department funded without ICE and Border Patrol, he said.

But Thune warned after the Senate vote that other parts of the Homeland Security Department may run out of money before they are able to finish the winding budget process and fund those two agencies. He said he hopes the adoption of the budget resolution is a signal to the House that “we're going to be following through."

“We'll see what they can do with it," Thune said. “And if they can't, I guess we will go to the next plan.”

Associated Press writer Kevin Freking contributed to this report.

Sen. John Kennedy, R-La., center, speaks with a reporter, Tuesday, April 14, 2026, in Washington. (AP Photo/Mariam Zuhaib)

Sen. John Kennedy, R-La., center, speaks with a reporter, Tuesday, April 14, 2026, in Washington. (AP Photo/Mariam Zuhaib)

Senate Minority Leader Chuck Schumer, D-N.Y., holds a news conference about the budget process that Republicans hope will fund Immigration and Customs Enforcement and Border Patrol, at the Capitol in Washington, Wednesday, April 22, 2026. (AP Photo/J. Scott Applewhite)

Senate Minority Leader Chuck Schumer, D-N.Y., holds a news conference about the budget process that Republicans hope will fund Immigration and Customs Enforcement and Border Patrol, at the Capitol in Washington, Wednesday, April 22, 2026. (AP Photo/J. Scott Applewhite)

Senate Majority Leader John Thune, R-S.D., flanked by Sen. Tom Cotton, R-Ark., left, and Sen. John Barrasso, R-Wyo., speaks to reporters following a closed-door party meeting, at the Capitol in Washington, Tuesday, April 21, 2026. (AP Photo/J. Scott Applewhite)

Senate Majority Leader John Thune, R-S.D., flanked by Sen. Tom Cotton, R-Ark., left, and Sen. John Barrasso, R-Wyo., speaks to reporters following a closed-door party meeting, at the Capitol in Washington, Tuesday, April 21, 2026. (AP Photo/J. Scott Applewhite)

NEW YORK (AP) — The U.S. stock market steadied itself Thursday after absorbing big swings for Nvidia’s stock and oil prices. The moves suggested Wall Street sees limited fallout for the artificial intelligence industry, which carries immense influence on the market, despite the sudden fall of one of its biggest evangelists.

After dropping nearly 1% at the start of trading, the S&P 500 erased all of the loss and then drifted between small gains and losses before dipping 0.3%. The Dow Jones Industrial Average was down 88 points, or 0.2%, with an hour remaining in trading, while the Nasdaq composite was down 0.5% after trimming an early drop of 1.6%.

At the center of the swings was Nvidia's stock. It plunged 14% at the start of trading following the resignation of Jensen Huang, its CEO, co-founder and face of the brand. The chip company’s stock has been sinking since its board announced an investigation into Huang for a relationship with a woman suspected of being a Chinese government agent.

It’s a stunning fall for Huang and for Nvidia, which had become Wall Street’s most valuable and influential stock because of its central role in the AI boom. Its stock price set a record last month after soaring an astounding 1,722% in four years. That compares with the already healthy gain of nearly 109% for the overall S&P 500 over the same time.

But Nvidia’s price dropped 27% from then through Wednesday on worries about whether Huang would remain as CEO and how Nvidia would navigate a future without him. Nvidia’s board answered the first question Thursday morning, when it said Huang resigned, and it named Chief Financial Officer Colette Kress as its interim CEO.

The second question remains unanswered. And it looms over the entire market because Nvidia and the broader AI industry have been the main reasons the U.S. stock market has set so many records in recent years.

Nvidia, to be sure, is still selling AI chips at a quick rate regardless of who stands on a stage and talks them up, and analysts said it remains the industry's leader. That helped Nvidia quickly halve its early loss Thursday, and its stock was most recently down 5.4%. That paring helped the broader market to recover.

Outside of Nvidia, stocks across the AI industry swung in the uncertainty.

CoreWeave, which buys Nvidia chips and then rents out access to them to customers over the cloud, fell 8.2%. Micron Technology, which sells memory for computers that’s been getting gobbled up in the AI frenzy, sank 2.1%.

But Broadcom rose 5.2%, and Advanced Micro Devices added 5.9% on hopes the rival chip companies will gain a competitive advantage. Those two gains came close to offsetting the drop for Nvidia, which was the single heaviest weight on the S&P 500. That suggests investors see the AI business expanding to other players rather than depending solely on Nvidia.

Demonstrating how much uncertainty was washing through the market was GE Vernova, which is helping to power AI data centers. It flipped from an early loss of 3% to a gain of 1.7%.

Also helping to limit the U.S. market's losses were gains for stocks in the oil and gas industry. Marathon Petroleum climbed 3.2%, and Exxon Mobil added 2.3%.

They benefited from a rise in oil prices after President Donald Trump said he’s no longer interested in a deal with Iran to end their war. Instead of that, Trump said he asked his vice president to investigate U.S. cities and states run by Democrats.

“We don’t need a deal with Iran,” Trump said. “Those days have long since passed. We’ve got their money, Hundreds of Billions of Dollars, and we’ve got their Strait!”

The price for a barrel of Brent crude climbed 3.3% to $95.82. The price for the most actively traded contract in the Brent market has been veering sharply since the United States and Israel began the war with Iran in late February, bouncing between roughly $70 and $120.

Higher oil prices push up worries about inflation, and the yield on the 10-year Treasury climbed to 5.10% from 4.98% late Tuesday. Trading in the bond market had been closed Wednesday for Veterans Day.

Higher yields make borrowing money more expensive for everyone, from the U.S. government to companies building AI data centers to regular people buying houses. High mortgage rates helped send sales of previously occupied U.S. homes in October to their slowest pace in more than 16 years.

The housing industry has been slowing the U.S. economy but not upending it. A separate report on Thursday said that slightly more U.S. workers applied for unemployment benefits last week, but the number remains relatively low compared with history.

In stock markets abroad, indexes were mixed in Europe following a weaker finish in Asia.

Hong Kong’s Hang Seng fell 1.3% for one of the world’s biggest moves.

AP Business Writer Yuri Kageyama contributed to this report.

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This story has been corrected to show the highest price for the most actively traded contract in the Brent oil market since the war with Iran was nearly $120 per barrel.

A screen on the floor of the New York Stock Exchange displays news about Nvidia's stock price in New York, Monday, Nov. 9, 2026. (AP Photo/Yuki Iwamura)

A screen on the floor of the New York Stock Exchange displays news about Nvidia's stock price in New York, Monday, Nov. 9, 2026. (AP Photo/Yuki Iwamura)

A person looks at an electronic display board showing Japan's Nikkei index at a securities firm, Monday, Nov. 9, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

A person looks at an electronic display board showing Japan's Nikkei index at a securities firm, Monday, Nov. 9, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

A person walks below a huge screen, displaying the foreign exchange rate between U.S. dollar and South Korean won in Seoul, South Korea, Wednesday, Nov. 11, 2026. (AP Photo/Lee Jin-man)

A person walks below a huge screen, displaying the foreign exchange rate between U.S. dollar and South Korean won in Seoul, South Korea, Wednesday, Nov. 11, 2026. (AP Photo/Lee Jin-man)

The screen showing the Korea Composite Stock Price Index (KOSPI) is seen in Seoul, South Korea, Wednesday, Nov. 11, 2026. (AP Photo/Lee Jin-man)

The screen showing the Korea Composite Stock Price Index (KOSPI) is seen in Seoul, South Korea, Wednesday, Nov. 11, 2026. (AP Photo/Lee Jin-man)

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