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Senate Passes Funding Amid Shutdown Threat, Texas Upset

2/3/2026

Center

Senate Passes Funding

The funding lapse creates a risk of a partial government shutdown.
The Senate passed a funding package.
The House must approve it when it returns on Monday.
U.S. President Donald Trump announced a deal with India to reduce tariffs to 18% in exchange for India halting Russian oil purchases.
In Texas, Democrat Taylor Rehmet won a special Senate election in a traditionally Republican district.

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Trump Family Deal

An investment firm linked to the United Arab Emirates acquired a $500 million stake in World Liberty Financial, a cryptocurrency company associated with the Trump family.
The deal was signed by Eric Trump, the son of U.S. President Donald Trump.
Critics including former Obama officials and Democratic lawmakers, including Sen. Elizabeth Warren, call the deal "corruption, plain and simple" and urge scrutiny.
The White House denies wrongdoing, saying the transaction was purely business-driven.

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Senate Passes Funding

The funding lapse creates a risk of a partial government shutdown.
The Senate passed a funding package.
The House must approve it when it returns on Monday.
U.S. President Donald Trump announced a deal with India to reduce tariffs to 18% in exchange for India halting Russian oil purchases.
In Texas, Democrat Taylor Rehmet won a special Senate election in a traditionally Republican district.

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