meta_pixel
Tapesearch Logo
Log in
Wall Street Breakfast

DHS standoff drives shutdown odds

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 26 January 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

Odds of a government shutdown surge to 80%. (00:14) Carney says Canada has no plans to pursue a free-trade deal with China as Trump threatens 100% tariffs. (02:06) Gold tops $5,000 per ounce. (02:58)

Episode transcripts seekingalpha.com/wsb.

Show links: 
Investing Experts Live: Top Ideas for 2026
Biggest stock movers Monday: USAR, RVMD, and more
Winter storm forces most flight cancellations since pandemic
Deep freeze knocks Texas energy and industrial operations offline
Samsung Nears Nvidia Certification for HBM4 AI Memory - report

Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

0:07.6

It's good to have you here on this Monday, the 26th of January. I'm Julie Morgan.

0:14.0

The odds of a government shutdown are higher this morning. Odds shot up on prediction markets after Senate Democrats vowed to block a $1.2 trillion

0:23.2

funding package that includes appropriations for the Department of Homeland Security.

0:28.6

U.S. immigration and customs enforcement falls under the purview of DHS. Odds of a government

0:34.2

shutdown by January 31st surged to 79% on Kalshi, up from 11.5% on Friday.

0:42.7

On polling market, the odds jumped to 80% from 9%.

0:46.8

The standoff intensified after federal immigration agents shot and killed Alex Pretty in Minneapolis on Saturday.

0:54.2

Pretty was a 37-year-old ICU nurse and a U.S. citizen.

0:58.3

This is the second such incident this month.

1:01.0

The shooting has galvanized Democratic opposition to the funding measure.

1:05.1

Senate Minority Leader Chuck Schumer said in a statement on Saturday night that Senate

1:09.6

Democrats will not provide the votes to

1:12.3

proceed to the Appropriations Bill if the DHS funding bill is included. The package needs 60 votes

1:18.9

to overcome the filibuster. Republicans hold a 53 to 47 majority. However, several key swing

1:25.8

votes have now turned against the bill. A massive winter storm

1:29.4

has further complicated matters, forcing the Senate to cancel Monday votes and shortening an

1:34.9

already tight timeline to avert the shutdown. This is a very popular story with 260 comments thus

1:42.2

far. Ice and the deportation drive is also the top story in the Wall Street Breakfast newsletter.

1:48.3

A link to sign up is in the show notes section.

1:51.1

By the way, on a different topic, but I want to tell you about another link I'm including in show notes today.

1:56.1

It's for our investing experts' live Top Ideas for 2026 event26 event is coming up tomorrow at noon and

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.