Bill O’Reilly’s No Spin News and Analysis - The O'Reilly Update, May 30, 2026

Episode Date: May 30, 2026

The Weekend Edition of The O'Reilly Update! Learn more about your ad choices. Visit megaphone.fm/adchoices

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Coming up next, the news with Mike Slater. Thanks, Bill. Here's what's happening this week in America. The United States and Iran reach a tentative agreement. The Treasury Department floats a new banknote. A survey ranks the most affordable states in the Union, and the number of traditional families falls to a historic low. That's all coming up.

be back with your message of the day about our 250th anniversary and how many signers of the Declaration of Independence could you name? It's embarrassing to admit that I could name maybe six and it's even worse when you realize how many there were. That's all coming up. But first, America and Iran have reached a potential deal on a 60-day extension of the ceasefire and agreed to launch fresh negotiations on Tehran's nuclear program. The plan still needs formal approval from President Trump. The framework would lift America's blockade on Iranian portals. and reopen the Strait of Hormuz. One fifth of the world's liquid oil

passes through the straits. Very little of our oil, but as we know, it affects oil prices around the world. The Treasury Secretary, Scott Besant, said President Trump has made it very clear. He talked about it at the cabinet meeting that he had several red lines. And he said he's not going to take a bad deal.

He's going to make a great deal for the American people. Speaking of the Treasury Secretary, the Treasury Department is preparing mock-up designs for a new bill, like banknote bill, the $250 bill that would feature the portrait of none other than President Donald Trump. Now, he would be the first living person featured on American money in over 150 years. Unlikely that this currency will be released, the legislation has remained stalled in the House for more than a year, and the bill would need 60 votes, like a written bill, legislative bill would need 60 votes for passage in the Senate to block the Democrats filibuster. U.S. News and World Report ranking the most affordable states this year places are judged by

inflation, housing costs, taxation, and income. The top five starts with Arkansas, followed by Alabama, Oklahoma, Kansas, and the least expensive state in the union, the most affordable state in the union, Mississippi. The median home price there is $200,000 and groceries are 20% cheaper than the national average. And gas prices among the lowest in America as well. The number of U.S. households containing a mother, father, and child has reached a record low. This is data from the Census Bureau, says that just 18% of American homes contain a traditional family. That's the fewest since 1959. It's a 45% drop since 1970.

The fastest growing household in the country, single parents. Marriage rates have now fallen to the lowest levels since the government started keeping statistics during the Civil War. I'm Mike Slater. My message about America's 250th anniversary coming up next. Becoming more aware of how quickly life can change, really put things into perspective for me. I've seen friends deal with unexpected loss and the stress that follows when there is not a plan in place. That's why options that help provide financial security so much.

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And some policies are as low as $30 a month. So please take 10 minutes to get covered today. with life insurance through ethos. Get your free quote at ethos.com slash bill. That's ETHOS.com slash bill. Application times may vary, rates may vary. Hey, I'm Mike Slater, filling in for Bill O'Reilly. Now it's time for the O'Reilly update message of the day.

AOC versus the billionaires. And the billionaires are finally fighting back. AOC the other day said, the American Revolution was against the billionaires of their time. That's not true. Many of our founders were the richest men in the colonies, and many of them gave up their entire fortunes and died with nothing because of the war. But they pledged their lives, fortunes, and sacred honor.

Senator Mike Lee said it was against a large, distant, overly intrusive government that recognized no limits over its own authority to tax, regulate, and eat out the substance of its citizens it claimed to serve. which is what the Democrats specialize in today. But what AOC said there was a part of a larger point she was making, she said you can't earn a billion dollars. You can get market power. You can break rules.

You can abuse labor laws. You can pay people less than their worth. But you can't earn that. So you have to create a myth. You have to create a myth of earning it. Now, AOC and communists like her, I've been saying stuff like this for a long time. But I appreciate finally.

the billionaire stepping up and defending themselves. Like when the mayor of New York City, Mamdani called out specifically Ken Griffin. Remember he made that video not too long ago about taxing people's second homes? And he specifically called out Ken Griffin. One particular guy who was standing outside Ken Griffin's apartment building

and said, this guy contributes nothing to New York City. Meanwhile, he's in the process of building a $6 billion skyscraper in New York City. But Ken Griffin came out and said, all right, fine, we're going to move our company to Miami. When the mayor of Seattle was asked about Starbucks and other companies leaving her city, she was up on stage and said,

bye. Well, now Starbucks is expanding their headquarters in Nashville, and Howard Schultz himself, the founder of Starbucks, has moved to Florida. Now she's changing her tune slightly. Billionaires of fighting back. Chevron has these signs up at their stations in California. I didn't think these were real when I first saw them.

That was some sort of concern. ad campaign or something like that, but it's actually Chevron. And these signs at the gas station say California has the highest gas taxes and fees in America. One sign says nearly 25% of your gas money goes to state taxes and fees. Another sign says Sacramento policies did this. Now you pay more. As a car wrapped, it's like being strangled by a gas hose. I love that.

Chevron fighting back against politicians. Robert Reich, who was the Secretary of Luech, who was the Secretary of Lue of laborer in the 90s under Clinton. He worked for Obama, taught at Harvard for a long time. He said, there are basically five ways to accumulate a billion dollars. One, profiting from a monopoly. Two, insider trading. Three, political payoffs. Four, fraud. Five inheritance. Don't believe the self-made myth. There it is again. Same talking point that AOC had. That making money is a myth. Well, Michael Dell, founder of Dell computers, said Robert Reich forgot the sixth and most important way. Build something that millions of people actually want.

The communists are getting bolder. And so are the billionaires, and I like it. Now, to be clear, the billionaires are not paragons of morality. But they do some things that should be valued, like take oil out of the ground and turn it into gasoline to make our cars go. I don't know how to do that. Chevron does. So at least they provide some service to me.

The communists provide nothing. Billionaires are not saints. They're not people we should worship. AOC hates the billionaires because she wants you to depend on her and the government. And the billionaires hate the government because they want you to depend on them. The real focus should be on God because we're actually dependent on him. Mike Slater filling in for Bill O'Reilly, something you might not know. Next.

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Mike Slater, filling her for Bill O'Reilly. Now it's time for something you might not know. Los Angeles is disgusting. 15 years ago, I went to the Hollywood Boulevard Walk of Fame for the first time. It was a cesspool then. It is 15 years worse today. Looks like a third world encampment down the entire street. Right in front of the Dolby Theater.

It's where they have the Oscars. Of course, they clear it out when all the celebrities come to town. And this is why Spencer Pratt is running for mayor. That hypocrisy, where the celebrities are living in one pristine Los Angeles and everyone else is living in squalor, that's got to stop. His latest ad campaign is he goes around with a stencil and a pressure washer and cleans the grime off the sidewalks. And when they remove the stencil, it says,

imagine if all the streets were this clean. So if Mayor Bass wants to remove these ads, they have to go and actually clean the sidewalks. It's brilliant. This campaign also has substance, a seven-point plan to end homelessness. versus Karen Bass and that other woman who say we just need to stay the course. Everything's fine.

Every sane person in L.A. knows it's not fine. By sane, I mean normal person, walks on the sidewalks. Drew Carey, for instance, not one of those people. Drew Carey said anyone who votes for or endorses Spencer Prattfall for mayor of L.A. needs to get their head out of their blank. I understand being angry or unsatisfied, but at least get behind someone competent and not some serial scammer without a soul or moral compass blank this guy already. I love this.

This is great. We need more Drew Carey's to step up and talk about how the current path is great and everything's fine. Drew Carey lives in an enormous 12,000 square foot house, $34 million, way up on the hills. He has this infinity pool and the living room, the entire walls, all this glass window overlooking with a perfect view of the Los Angeles skyline. But when you're living this far away from the city of Los Angeles, you're not looking at the city.

You're looking at the idea of Los Angeles. Because from this far away, you can't see the filth of it all. You just can't quite see it from your $34 million house. I think there's a massive silent Spencer Pratt vote out there like there was for Trump back in 2015. People can't admit it out loud. But people who realize that I don't want to live in squalor anymore. I don't want to live in fear.

I want L.A. to be nice again. Even if maybe it means being a little mean to the criminals and drug addicts. I'm Mike Slater from Politics by Faith. More coming up. Hey, y'all. It's Kelly Clarkson with Wayfair. Ever order furniture online and wonder what if? Like, what if it doesn't hold up? That sofa was four days old.

You should have ordered from Wayfair. With Wayfair, there's no what if. Just style you love and quality you can trust. Visit Wayfair.ca. Wayfair, every style, every home. I'm Mike Slater. You can subscribe to my podcast at YouTube.com slash at Politics by Faith. I'll be for great rest of your day. Spread the word.