Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

Senate Passes $70 Billion Border-Enforcement Bill 52-47, Sending It to the House

by Team Lumida
June 5, 2026
in Macro
Reading Time: 2 mins read
A A
0
architectural photography of white house

Photo by René DeAnda on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp
  • The Senate passed a $70 billion border-enforcement bill 52-47 via budget reconciliation, directing major new funding to ICE and Border Patrol operations.
  • Several Republican senators — including Collins, Sullivan, Husted, and Moody — raised objections to a $1.8 billion “anti-weaponization” fund embedded in the bill but stopped short of blocking passage.
  • Senators Tillis and Cassidy, who had previously signaled opposition, ultimately voted yes; Senator Murkowski was the lone Republican to vote with Democrats against the measure.
  • The House is expected to take up the bill next week, moving it closer to becoming law as a cornerstone of the GOP’s legislative agenda.

What Happened?

The Senate voted 52-47 to pass a sweeping $70 billion border-enforcement bill, advancing it through budget reconciliation — a procedural tool that requires only a simple majority. The legislation channels billions to Immigration and Customs Enforcement and the Border Patrol. While a handful of GOP senators, including Collins, Sullivan, Husted, and Moody, voiced objections to a $1.8 billion “anti-weaponization” fund attached to the bill, their dissent did not derail passage. Senators Tillis and Cassidy, whose earlier opposition had raised questions about the bill’s fate, ultimately voted in favor. Senator Murkowski was the only Republican to cross the aisle and vote no.

Why It Matters?

The vote marks a significant legislative victory for the Trump administration’s border security agenda, delivering tens of billions in new enforcement funding despite internal Republican divisions. Using reconciliation to bypass the Senate’s 60-vote filibuster threshold allowed GOP leaders to pass the bill on party-line terms. The friction over the anti-weaponization fund signals ongoing unease among some Republicans about the scope of executive power being funded through the legislation — but not enough to fracture the caucus.

What’s Next?

The bill heads to the House, where Republicans are expected to take it up next week. If it clears the chamber, it will go to President Trump for his signature. House leadership is expected to move quickly to get it across the finish line.

Source: The Wall Street Journal

Previous Post

Private Credit’s ‘Anything Goes’ Lending Era Is Over — Standards Are Tightening and Rates Are Rising

Next Post

The $48 Billion ETF Tax Loophole: How ‘Heartbeat Trades’ Funnel Savings Almost Exclusively to the Wealthy

Recommended For You

US Business Activity Stays Near a Multi-Year High as Selling Prices Rise at the Fastest Pace in More Than Four Years

by Team Lumida
2 days ago

S&P Global’s flash US composite PMI slipped to 57.6 in October, the second-highest since 2022, as selling prices rose at the fastest pace in over four years.

Read more

Americans’ Inflation Expectations Hit the Highest Since May, and Nearly 70% Now Expect Interest Rates to Rise

by Team Lumida
2 days ago
US Consumer Sentiment Plummets to Eight-Month Low

University of Michigan data show year-ahead inflation expectations at 4.7% and long-run at 3.5%, while nearly 70% expect interest rates to rise.

Read more

Bonds Are Working as a Hedge Again, as the Treasury-AI Stock Inverse Link Hits Its Strongest in a Year

by Team Lumida
2 days ago

A gauge of the inverse link between Treasuries and AI stocks is at its strongest in a year, as the tech rout revives bonds’ role as a haven.

Read more

The Fed Is Weighing More Hikes in Its Most Confusing Economy Yet, With Rates at 3.75%-4% and Inflation Above Target for Five Years

by Team Lumida
2 days ago

Strong spending, weak sentiment, an energy shock and an AI boom are sending mixed signals as the Fed weighs whether to keep raising rates.

Read more

Trump Invokes the Defense Production Act for Oil, Refining and Pipelines as Just 36% of Americans Approve of His Economic Handling

by Team Lumida
2 days ago

Trump declared petroleum production and refining essential to national defense, opening the door to federal incentives for fossil fuel projects.

Read more

Jobless Claims Fell to 194,000, Near a 1969 Low, as Markets Price a Fed Hike in December

by Team Lumida
3 days ago

Weekly jobless claims fell to 194,000, near the lowest since 1969, keeping a December Fed hike in play even as hiring stays weak.

Read more

Fed Chair Warsh Calls AI a Positive “Shock” That Could Change Monetary Policy, and Central Bankers Are Now Watching Wages

by Team Lumida
3 days ago
10-Year Treasury Yield Hits 5.025%, Highest Since 2007, as Markets Price 92% Odds of Fed Hike

Fed Chair Kevin Warsh says AI could fundamentally change monetary policy, as central bankers from Bangkok to Shanghai put AI and jobs on the agenda.

Read more

The 30-Year Treasury Yield Touched a One-Month Low as AI Jitters Beat Oil in the Fight for the Bond Market

by Team Lumida
3 days ago
Bond Market Brink of Recession Signal; 2s10s Curve at 17bp (Approaching Inversion); 2-Year 4.90%, 10-Year 5.21%; Historically Precedes 8 Recessions; 2022 Inversion Failed; KBW Banks -10%

Treasury yields fell at least three basis points across the curve and the 30-year touched 5.38% as AI stock jitters revived the haven bid.

Read more

Treasury Volatility Bands Have Shrunk to 24 Basis Points, and BMO Says the Fed Could Trigger the Breakout

by Team Lumida
3 days ago
KKR Lifts Its 10-Year Treasury Call to 5.1% and Pushes the Fed Hold Out to Early 2029

BMO says Treasury yields are coiling for a breakout ahead of the Fed's October 28 decision, with a December hike priced at about 90%.

Read more

The Same Week Washington Funded a Gas Pipeline Into New England, It Moved to Reopen a Wind Permit Serving the Same Region

by Team Lumida
4 days ago
US Bans $19.9 Billion of Canadian Imports While Keeping the Oil, Gas and Potash It Actually Needs

A $14.6 billion project powering 900,000 homes. The second wind remand request this month.

Read more
Next Post
a person sitting at a desk with a calculator and a notebook

The $48 Billion ETF Tax Loophole: How 'Heartbeat Trades' Funnel Savings Almost Exclusively to the Wealthy

Private Credit Hits a Wall: Record Redemptions, Slowing Inflows, and Rising Alarm

Private Credit CEO Pushes Back on Doom Headlines: Institutional Investors Are Still Believers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

China ETFs Outshine Active Funds with 40% Annual Rise

Chinese Consumers Boost Spending as Factories and Real Estate Struggle

June 16, 2025
Bitcoin Plunges to $64K Amid U.S. Tech Stock Turmoil

XRP Price Climbs as Ripple Secures SEC Victory, Paving the Way for Crypto Growth

March 21, 2025
JPMorgan Seeks to Dismiss Trump’s $5B Lawsuit, Cites Improper Legal Claims Against Dimon

Banks Are Profiting From Private Credit Stress While Hedging Against a Bigger Blowup

March 24, 2026

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Legacy
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Opinions
    • Investing Philosophy
    • Op-Ed
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Investing Philosophy
  • Latest
  • Legacy
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Op-Ed
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bank of America China Commercial Real Estate CPI data centers Donald Trump EARNINGS ELON MUSK Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Novo Nordisk Nuclear Energy Nvidia oil OpenAI private equity S&P 500 SEC Semiconductor stock market stock surge Tech Stocks tesla Trump Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018