Karen Moscow

Massachusetts Democrat Jim McGovern spoke on the House floor as the resolution was pulled.

Republican Armed Services Chair Mike Rogers says they canceled the vote because there wasn't enough Republican members present.

In the Senate, lawmakers have called off plans to pass $72 billion in long-awaited funds to end the Department of Homeland Security shutdown.

Republican Senator Tom Tillis says he's concerned that some of that money could go to the Justice Department's new $1.8 billion fund for victims of, quote, government weaponization.

Senator Tom Tillis and other Republicans had also raised concerns about a billion dollars in Secret Service funds going to President Trump's White House ballroom.

Now the bill might not pass until after lawmakers come back from Memorial Day recess next month.

This morning, Kevin Warsh will be sworn in as Fed chairman by President Trump at the White House.

Bloomberg Economics' Anna Wong says Warsh is stepping into the Fed at a turbulent time.

Bloomberg economist Anna Wong notes that Warsh has said he is committed to preserving the Fed's independence from political pressure and told the Senate during his hearing that President Trump is not telling him what to do or think.

Warsh's swearing-in ceremony is scheduled for 11 a.m.

Eastern in the East Room of the White House.

You can catch it live on Bloomberg Radio and on the Bloomberg Business app.

Now, Warsh is swearing in comes as prices continue to rise for consumers.

Gasoline prices are up more than 40 percent from a year ago.

Bloomberg economics reporter Mark Nickett says it's also going to cost you more at your holiday barbecue.

Bloomberg's Mark Nickhead says economists expect food prices to keep rising in part because of the diminished supply and rising prices of fertilizer as a result of the Iran war.

There's a setback for Elon Musk's SpaceX.

Bloomberg's John Tucker has more.

John.

All right, John, thank you.