Keep Our Border Agents Paid Act
Summary
S.3681 is a narrow, early-stage bill that guarantees back pay for certain CBP and ICE contractors during a government shutdown. It introduces zero new funding, no change in contract volume, and no market-moving mechanism. Near-term impact is negligible.
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Key Takeaways
- 1.S.3681 guarantees pay for certain CBP/ICE contractors during shutdowns but appropriates zero new funds and adds no contract volume.
- 2.The bill is in early-stage committee referral with minimal cosponsorship—no near-term passage probability.
- 3.No publicly traded company faces a measurable revenue or cost change from this procedural legislation.
Market Implications
There are no market implications from S.3681. The bill does not authorize spending, change procurement, or alter competitive dynamics in any sector. Investors should disregard this legislation for equity allocation decisions. Current price action in Leidos ($LDOS at $147.51, down 5% over 30 days) and TTEC ($TTEC at $2.84) is driven by company-specific factors, not this bill.
Full Analysis
The Keep Our Border Agents Paid Act (S.3681), introduced in the Senate on January 15, 2026, is a procedural bill that would amend the Homeland Security Act to ensure continuing appropriations for excepted employees and covered contractors of five specific CBP and ICE subcomponents during a government shutdown. The bill has been read twice and referred to the Committee on Homeland Security and Governmental Affairs. With only one sponsor (Sen. Rick Scott, R-FL) and one cosponsor (Sen. Justice), it lacks broad bipartisan momentum and is in the earliest legislative stage. The bill text explicitly appropriates 'such sums as are necessary' only during a lapse in appropriations, meaning it does not authorize or allocate any new baseline funding. It provides zero new contract volume, no expansion of scope, and no change in procurement priorities. The mechanism is entirely risk-reduction for a narrow set of federal support contracts tied to border security operations. No market-moving financial mechanism exists. With no real market data showing price movements tied to this bill—and the stock prices of Leidos ($LDOS, down 5.15% over 30 days to $147.51) and TTEC Holdings ($TTEC, up 13.6% over 30 days to $2.84) reflecting unrelated market dynamics—this legislation has zero measurable impact on any publicly traded company. The bill's trajectory faces significant hurdles: it must pass committee, receive floor votes in both chambers, and be signed into law. At current status, it is stalled and has no near-term timeline for advancement.
Intelligence Surface
Cross-referenced against federal contracts, SEC insider filings & congressional trade disclosures
Limited confirming evidence — causal thesis exists but few external signals
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
Stop Secret Spending Act of 2025
Making appropriations for national security, Department of State, and related programs for the fiscal year ending September 30, 2027, and for other purposes.
MANTECH ADVANCED SYSTEMS INTERNATIONAL, INC.: $137M General Services Administration Contract
CITIBANK, NATIONAL ASSOCIATION: $184M Department of State Contract
FOX-ESA JV LLC: $37.0M Department of Veterans Affairs Contract
SPREZZATURA MANAGEMENT CONSULTING, LLC: $23.2M Department of Veterans Affairs Contract
CELERITY GOVERNMENT SOLUTIONS LLC: $10.4M General Services Administration Contract
ENCORE JV1 LLC: $21.9M Department of Veterans Affairs Contract
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Executive orders & memoranda affecting the same sectors or companies
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National Security Presidential Memorandum/NSPM-11
This memorandum directs the national security enterprise (including the Department of War, intelligence agencies, and others) to accelerate the adoption, adaptation, and assurance of AI technologies for military and intelligence missions. It mandates updates to DOD Directive 3000.09 on autonomous weapons within 90 days, requires termination of contracts with companies that repeatedly violate policy (e.g., by enabling adversary control or embedding bias), and emphasizes supply chain resilience and multi-vendor sourcing to avoid single-vendor dependencies.
Implementing Schedule Policy/Career in the Excepted Service
This executive order expands the Schedule Policy/Career excepted service category, transferring certain federal positions from competitive service to at-will employment to facilitate removal for poor performance or misconduct. It directs agency heads to petition for reclassification of policy-influencing roles, mandates performance bonus pools for these employees, and amends civil service rules to exempt them from standard adverse action procedures.