On February 13, 2026, the resolution for the short-term funding of the U.S. Department of Homeland Security (DHS) expires. Senate Democratic Minority Leader Chuck Schumer stated that his colleagues intend to block its extension, which will cause a new government shutdown, reports The Hill.

The first shutdown lasted 43 days in the fall of 2025. The second, this time partial, lasted four days, from January 31 to February 3, 2026, inclusive. It occurred because Democrats and Republicans could not reach a consensus on DHS funding.

The left demanded a reduction in the powers of the Immigration and Customs Enforcement (ICE). Despite some concessions, such as a requirement for agency employees to wear body cameras, Republicans opposed any overall funding cuts, which led to the failure of the budget vote.

At the same time, the new shutdown is unlikely to significantly impact the markets, as it primarily concerns DHS and its accountable agencies, such as Customs and Border Protection. Previously, the authorities passed funding bills for most other agencies.