The House passed a budget resolution that opens the door to roughly $70 billion in new spending on immigration enforcement, a major step toward President Trump's border agenda. The move clears a procedural path for Republicans to draft a bill that bypasses the Senate's 60-vote filibuster threshold, using a process called reconciliation, which only requires a simple majority. The money is earmarked for ICE, Immigration and Customs Enforcement, and CBP, Customs and Border Protection, two agencies central to the administration's deportation and border-security push. Republicans are also framing this as a vehicle to reopen and refund the Department of Homeland Security, which has been effectively dormant under recent budget constraints. The next step is drafting the actual legislation, where fights over spending details and offsets are likely. Whether the Senate Republican caucus holds together through reconciliation will determine if the funding clears Congress and reaches the president's desk.
India's Expenditure Finance Committee has cleared a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, up 64 percent from ISM 1.0's Rs 76,000 crore. The proposal now goes to the Cabinet, as two chip plants begin commercial output and a third, CG Semi, is set to open July 4, 2026.
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.
The US Supreme Court, splitting along ideological lines, has allowed the Trump administration to end Temporary Protected Status for Haitian and Syrian immigrants.
