Bill O’Reilly’s No Spin News and Analysis - O'Reilly Update Morning Edition, August 27, 2025

Episode Date: August 27, 2025

Trump's REAL Federal Reserve play. Learn more about your ad choices. Visit megaphone.fm/adchoices...

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Starting point is 00:00:32 i'm mike slater filling it for bill o'reilly stand by for the o'Reilly update morning edition on this wednesday august 27th the president has called for the resignation of dr lisa cook from the federal reserve board of governors he hasn't called for her resignation he wrote her letter saying you are removed
Starting point is 00:00:52 from your position why because she is accused of saying the Two of her homes were her primary residences, both each were as a primary residence, so she could get a lower mortgage rate on both of those. She has refused to step down. Now, here's why this is extra intriguing. The next chairman of the Federal Reserve, the current chairman, Jerome Powell, his term ends in May. The next chairman has to be on the board of governors currently. Now, usually when the Fed chairman's term as chairman is over, they also resign their seat on the board.
Starting point is 00:01:26 There are rumors that Jerome Powell may not do that. So he'll resign at the end of his term for chairman, but then he'll stay on the board, which means the president can only choose as his next head of the Federal Reserve from the people who are currently on the board. So getting Lisa Cook off the board is essential to negating this play that Jerome Powell is contemplating. So the president's play is get her off the board so that she won't be on the reserve board anymore. then Trump can put on the board of governors who he wants to be the next chairman so that even if Jerome Powell stays on the board, Trump's got his guy already on the board ready to
Starting point is 00:02:06 go. That's the real play behind what's going on here and why the Trump administration is being so aggressive and getting rid of Dr. Lisa Cook. We got more coming up. Did you know that fast growing trees is the biggest online nursery in the USA? thousands of plants, more than 2 million happy customers. They have everything your yard needs, fruit trees, privacy trees, shrubs, more. Whatever plants you are interested in, fast-growing trees will deliver your dream yard right to your door.
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Starting point is 00:03:18 This is Mike Slater from Politics by Faith, Fillin' In For the Grubbillian for the Bill O'Reilly, more analysis later on today.

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