Bloomberg This Weekend House GOP Sets Up Senate Clash on TSA Funding
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Mar 28, 2026 Bailey Lipschultz, Bloomberg senior reporter who covers markets and tech, and tracks SpaceX and AI companies. She discusses how Iran-driven market jitters affect IPO timing. Short takes on why SpaceX might confidentially file now. Quick notes on valuation challenges from diverse business lines and how retail allocations could shape investor demand.
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Republican Rift Over DHS Funding
- House and Senate Republicans are sharply divided on DHS funding after the Senate passed a bill excluding ICE and Border Patrol while the House rejected it under Freedom Caucus pressure.
- Erik Wasson says Speaker Mike Johnson backed an eight-week CR that funds ICE, prompting Senate Democrats to call it dead on arrival and deepening the rift.
Negotiate A Single Bipartisan Funding Solution
- Congress should unite and negotiate a comprehensive package instead of repeated short CRs that leave key DHS workers unpaid and political fights unresolved.
- Erik Wasson suggested a large reconciliation-style bill could fold in immigration priorities but needs unified GOP support.
TSA Worker Describes Morale Crisis
- Jill DeJanovich described frontline TSA morale and fear after weeks without pay, calling the president's memo a temporary band-aid that only restores back pay.
- She said repeated shutdowns make TSA workers worry about privatization, cuts to training, and long-term job security.