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Thune was expected to tee up the first procedural vote on the budget resolution by now, but a nomination vote is being held open on the floor.

Senate in holding pattern over budget resolution

The tariff tank. President Donald Trump’s new trade war got off to a disastrous start on Thursday. Financial markets finished the day with their worst single-day performance since March 2020. The S&P 500 lost about $2.4 trillion in value.

Yet, despite Commerce Secretary Howard Lutnick and other top White House officials saying the opposite, Trump said he was open to a “phenomenal” trade deal.

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