Fed Chief Signals Rate Cuts plus Trump Signs Exec Order to End Cashless Bail

1. Economic Policy & Interest Rates It begins by discussing Donald Trump’s long-standing argument that interest rates are too high. Federal Reserve Chair Jerome Powell’s Jackson Hole speech (Aug 22) is highlighted, where he suggested conditions may soon warrant interest rate cuts. Trump allies (e.g., Peter Navarro) frame this as Powell finally admitting Trump was right about tariffs not driving inflation. Market reactions are noted: stocks initially rallied but later cooled, with shifts from mega-cap tech to small-cap strength. 2. Trump vs. Powell Narrative Powell’s comments are portrayed as “gobbledygook” compared to Trump’s “clarity.” The commentary stresses that lowering interest rates would benefit Americans with mortgages, small businesses, and debt, echoing Trump’s populist framing of economic policy. It emphasizes that Powell’s delays harmed Americans and that Trump is vindicated. 3. Cashless Bail & Crime Policy The second half shifts to Trump’s executive order targeting cashless bail (starting in Washington, D.C.). Trump is framed as prioritizing public safety, while Democrats, progressive prosecutors, and activists (e.g., Black Lives Matter, George Soros) are blamed for crime increases. The narrative portrays cashless bail as a failed liberal experiment creating a “revolving door” of criminals. 4. Federal Control of Crime in D.C. Trump’s federal law enforcement intervention in D.C. is defended as effective, citing arrests, crime reduction percentages, and removal of homeless encampments. Critics (media and Democrats) are depicted as dismissing or covering up crime problems. A D.C. police union chairman accuses officials of manipulating crime statistics for political purposes. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and Verdict with Ted Cruz Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening X: https://x.com/benfergusonshow #cashlessbail #washingtonDC #crimestatistics #Democrats #FederalReserveChairJeromePowell #JeromePowell #ecomony #interestrates See omnystudio.com/listener for privacy information.