Polymarket: The probability that the US Department of Homeland Security will end the shutdown by March 31 drops to 54%

Gate News reports that on March 25, the U.S. Senate voted to approve Senator Marlin’s appointment as Secretary of Homeland Security. The probability of the event “U.S. Department of Homeland Security closing by March 31” on Polymarket has dropped to 54%, down 26% in the past hour, with nearly $1 million in trading volume. Additionally, the probability of “U.S. Department of Homeland Security ending the shutdown before the end of March” has temporarily surged, currently at 24%, up 13% in the past hour; the probability of “U.S. Department of Homeland Security closing from March 24 to 27” is at 13%, up 3% in the past hour.

At last week’s nomination hearing, Marlin expressed support for the Trump administration’s immigration policies and urged Democrats to quickly vote to pass the Department of Homeland Security budget to restart the department. Marlin stated, “As Secretary of Homeland Security, I will protect everyone. My goal over the past six months has been to prevent the Department of Homeland Security from making headlines every day.” Since last year, the Department of Homeland Security has repeatedly made headlines over issues such as cracking down on illegal immigration. Democrats are demanding reforms to the Department of Homeland Security and federal law enforcement actions, or they will threaten not to support the budget. The Department of Homeland Security has been shut down since February 14 due to funding exhaustion.