Why there won’t be a designated survivor at Biden’s first speech to Congress

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Your Morning Bullets Brief Updates are here! And that means trivia is, too.

Before you heard about SpaceX or Virgin Galactic, space tourism was already “a thing.” On this day in 2001, Dennis Tito became the first space tourist. How long did he stay in space and how much did he pay for the privilege? 

Think you know the answer? You can check it in the closing area down below!

Five things to know before the market opens

Image Source: NYSE

Yesterday, we saw some strong earnings from both Google’s parent company, Alphabet and from Microsoft. Today, before markets even opened, Boeing issued their sixth consecutive quarterly loss. But, despite that bad news, the company is optimistically expecting a turning point this year, as more and more citizens get vaccinated.

Apple and Facebook will issue their earnings after the bell today.

In the meantime, US stock futures have held flat today. Investors are waiting to hear from the Chairman of the Fed, Jerome Powell, in the central bank’s post-meeting news conference scheduled for this afternoon. While the Fed isn’t expected to adjust our near-zero interest rates, or the pace of asset purchases, they know they still face questions. Especially about Powell’s willingness to let inflation run hot.

This morning, the 10-year Treasury yield topped 1.65% ahead of the wrap-up of the Fed’s two-day meeting.

What else is on the earnings calendar for the day and from President Biden’s joint address to Congress tonight?

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Border Patrol staff face a lot of demands

Image Source: The Intercept

Whatever the administration decides to call it, America knows we’re facing a serious problem at the border.

Rodney S. Scott, who is the Chief of U.S. Border Patrol, is now making some waves after a memo he sent to Troy A. Miller – the Senior Official Performing the Duties of the Commissioner, U.S. Customs and Border Protection.

In it, he explains that he just can’t comply with the Biden administration’s push to soften the legal terms that refer to illegal immigration.

Last week, the administration sent out memos to immigration officials outlining the new leftist agenda and some changes in lingo that are a part of current federal statutes.

The Biden administration sent memos to immigration officials last week outlining their leftist agenda, which included no longer using terms that are part of U.S. federal statutes.

“This memorandum serves as my official nonconcurrence to the proposed updated terminology for U.S. Customs and Border Protection communications and materials. I will not undermine this effort; however, I cannot endorse it.”

Here’s what else he had to say and what it could mean at the border.

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