Marketplace Morning Report

Could a shutdown over ICE be in the cards?

7 snips
Jan 28, 2026
Mitchell Hartman, Marketplace correspondent on the 2026 World Cup and visa rules. Nancy Marshall-Genzer, immigration and homeland security reporter explaining ICE funding and policy shifts. They discuss a possible DHS funding standoff and how special ICE funds could affect agent pay. They also cover tightened visa vetting for World Cup visitors and which countries face travel restrictions.
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INSIGHT

ICE Has Backup Funding

  • ICE has access to a large extra pot of funds from the "Big Beautiful Bill" and could tap it during a shutdown.
  • Georgetown's Laura Blessing says past practice suggests ICE could pay agents again if needed.
INSIGHT

Reform Demands Raise Shutdown Risk

  • Senate Democrats want to attach reforms to DHS funding requiring ID, warrants, and local cooperation by ICE agents.
  • Those policy demands raise the odds of a government shutdown as negotiators tussle over language.
INSIGHT

Fed Waiting On Clear Data

  • The Fed lacks clear directional data and is waiting to see whether inflation or the labor market dictates rates.
  • Catherine Ann Edwards says the economy is slowing and data are mixed, so cuts won't happen today.
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