Senate reaches bipartisan funding deal, but shutdown risk lingers as House delay threatens swift passage. Follow live.

Federal funding is set to lapse at midnight Friday, and votes are still required in both chambers of Congress.

White House officials and Senate Minority Leader Charles E. Schumer were scrambling Thursday morning to ink a deal that would punt final decisions on fiscal 2026 Homeland Security funding but let five other spending bills get to President Donald Trump’s desk next week.

Senate leaders have a bipartisan funding deal in hand but it remains to be seen whether they will avert a costly government shutdown as the clock ticks down toward Friday’s midnight deadline.

The Senate failed to advance legislation to fund major portions of the government as talks over reforming ICE continue.

The U.S. Senate Agriculture Committee, which oversees commodities trading, advanced a bill on Thursday ‌that would establish a federal regulatory framework for cryptocurrencies on a party-line vote, an indication that the legislation likely lacks enough support to be passed by the full Senate.