Tuesday☕️

11 Feb 2025 — 4 min read

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Yesterday, February 10, 2025, the Trump administration ordered the shutdown of the Consumer Financial Protection Bureau (CFPB), with nearly 2,000 employees receiving a “stop work” email. This move follows an audit by the Department of Government Efficiency, which has been evaluating various government agencies for inefficiency and excessive spending.
The CFPB, established in 2010 after the financial crisis, has been responsible for enforcing consumer protection laws. Its closure puts several ongoing legal actions against major companies—including Capital One, Walmart, JPMorgan Chase, Bank of America, and Wells Fargo—into uncertainty. Supporters argue the agency plays a crucial role in consumer protection, while critics have viewed it as having excessive power and a lack of oversight.

Economics & Markets:

Geopolitics & Military Activity:

Environment & Weather:

As of yesterday, February 10, 2025, the Chilean government has increased its efforts to combat the ongoing forest fires in central-southern Chile, including San Carlos. President Gabriel Boric has sent ten Cabinet ministers to oversee relief efforts, with Agriculture Minister Esteban Valenzuela managing operations in the Ñuble Region. Firefighting resources include the Ten Tanker aircraft, which can drop 35,000 liters of water, along with ground and aerial units.

Several national parks and reserves have been closed, and agricultural burning has been banned until April to prevent further outbreaks. The government has also provided humanitarian aid, registering 1,622 affected households and setting up shelters for displaced residents. Farmers have received financial assistance for emergency supplies, veterinary services, and credit extensions. Authorities continue to urge residents to follow evacuation orders and stay updated as efforts to contain the fires and support affected communities continue.

Space:

Yesterday, February 10, 2025, SpaceX successfully launched a Falcon 9 rocket carrying the Starlink Group 11-10 mission. The launch took place at 6:09 PM PST (9:09 PM EST) from Space Launch Complex 4E (SLC-4E) at Vandenberg Space Force Base in California. This mission deployed 23 Starlink v2-mini satellites into low Earth orbit, further expanding SpaceX’s massive Starlink constellation, which now boasts over 7,000 active satellites—the largest satellite network ever built.

These v2-mini satellites feature improved antennas and higher efficiency, enhancing global broadband coverage and strengthening connectivity in underserved regions.

Science & Technology:

Yesterday, February 10, 2025, Boom Supersonic’s XB-1 demonstrator aircraft completed its second supersonic flight as part of its ongoing test program. Piloted by Chief Test Pilot Tristan Brandenburg, the aircraft surpassed Mach 1, making it one of the first privately developed civil supersonic jets to achieve this milestone.

This flight follows the XB-1’s initial supersonic test on January 28, 2025, when it reached a top speed of Mach 1.1. With these test flights completed, Boom Supersonic is advancing its plans for the Overture, a proposed commercial airliner intended to reintroduce supersonic passenger travel.

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