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Bill O’Reilly’s No Spin News and Analysis

The O'Reilly Update, July 31, 2025

Bill O’Reilly’s No Spin News and Analysis

Bill O'Reilly

News Commentary, News, Politics

3.711.6K Ratings

🗓️ 31 July 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

Powell won’t blink, newest trade deal, Kamala decides not to run for California governor, and Puerto Rico calls the national guard. Plus, Bill’s Message of the Day, a new poll shows the rise of evil in America. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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To verify see EE.com.com.

0:29.2

Okay, Bill O'Reilly here. You are listening to the O'Reilly update.

0:37.3

Coming up next, the news with Mike Slater.

0:40.6

Thank you, Bill. It is Thursday, July 31st, 2025. Here's what's happening today in America.

0:46.9

Powell won't blink. Newest trade deal. Kamala's decision. And Puerto Rico calls the National Guard

0:54.1

that's all coming up,

0:54.9

then Bill is going to be here with your message of the day.

0:56.9

But first, the president made a trip to the Federal Reserve just a couple days ago,

1:01.3

a bit of a power move over the Federal Reserve chairman because of cost overruns on the

1:06.5

renovation of Fed office buildings, $3.1 billion worth.

1:09.7

But the chairman was unmoved. He said policy

1:13.5

independence gives central bankers the ability to make these very challenging decisions in a way

1:18.4

that are focused on the data, the evolving outlook, the balance of risks, and not on political

1:23.4

factors. The Fed did say that inflation is, quote, somewhat elevated and therefore decided to keep

1:28.8

rates the same. When Powell was asked about the president's visit, he said, quote, we had a nice

1:33.6

visit with the president. It was an honor to host him. Now, two Fed governors who were appointed by

1:38.4

the president dissented from the 12-member vote, saying they would have preferred a quarter point

1:43.9

rate cut.

1:45.0

This is the first time two Fed governors voted against the majority since 1993.

1:49.3

The GDP also grew at 3% for the second quarter, better than expected from most expert

...

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