Bill O’Reilly’s No Spin News and Analysis
Episode: The O’Reilly Update, July 31, 2025
Release Date: July 31, 2025

1. Introduction

In the July 31, 2025 episode of Bill O’Reilly’s No Spin News and Analysis, host Bill O’Reilly delves into a range of pressing national issues, from economic policies and international trade deals to the evolving landscape of American media. The episode features insightful commentary, notable listener interactions, and a critical examination of current events shaping the United States.

2. Mike Slater’s News Segment

Federal Reserve Tensions and Economic Indicators

Mike Slater opens the segment by discussing the recent presidential visit to the Federal Reserve, highlighting a significant power struggle over cost overruns related to the renovation of Fed office buildings, amounting to $3.1 billion. Despite the president's assertive move, Fed Chairman Jerome Powell remained steadfast, emphasizing the importance of policy independence. Powell stated, “policy independence gives central bankers the ability to make these very challenging decisions in a way that are focused on the data, the evolving outlook, the balance of risks and not on political factors” (00:20).

The Federal Reserve reported that inflation remains "somewhat elevated," leading to a decision to maintain current interest rates. Notably, two Fed governors appointed by the president dissentently voted against the majority, advocating for a quarter-point rate cut—a first occurrence since 1993.

Trade Agreements and International Relations

The President announced a new trade deal with South Korea, reducing tariffs from 25% to 15%, mirroring the recent agreement with Japan. This deal includes a substantial $350 billion South Korean investment in the U.S., with $150 billion directed towards the American shipbuilding industry. Slater underscores the strategic importance, noting, “We build almost all of our ships in South Korea. Not good if we ever go to war with China” (01:15).

However, negotiations with India have stalled, with President Trump threatening a 25% tariff on Indian goods due to unsatisfactory progress.

Political Landscape and Puerto Rico’s Crisis

Addressing domestic politics, Kamala Harris announced she will not run for governor of California in 2026, sparking speculation about a potential 2028 presidential run. Slater remarks, “There's no way we could be that fortunate” (01:55).

Additionally, Puerto Rico declared a state of emergency as the National Guard is deployed to address the ongoing water crisis, leaving nearly 3,000 customers without water and severely impacting local businesses.

3. Bill O’Reilly’s Message of the Day

Americans’ Attitudes Toward Wealth and Relationships

Bill O’Reilly presents a striking Canadian poll indicating that 47% of Americans would dump their spouse or partner for $1 million. He critiques this sentiment, suggesting that loyalty is more deeply valued than monetary gain. O’Reilly muses, “This sentiment might be more about loyalty than money. We all live in a where’s mine age. Self-obsession is as American as pumpkin pie” (03:27).

He further humorously observes that while a million dollars is substantial, it pales in comparison to the cost of oceanfront homes, yachts, and flashy cars, which often run ten times higher. O’Reilly concludes that such a mindset reflects a self-centered culture, noting, “15% say they would frame a friend for a crime to acquire a million bucks. That’s evil and corresponds exactly to my number of rotten human beings, 15% of the population” (04:03).

4. Listener Mail and Interactions

Concerns About Digital Addiction

• Robert shares his worries as a psychologist: “Very troubling to me to see people out to dinner with friends and they’re all on their cell phones instead of interacting with each other” (05:27). He emphasizes the long-term societal impact of pervasive device usage.

• Carol responds by balancing her phone usage through podcasts, stating, “I like the podcast as they give me opposing POVs. Nothing wrong with that. But you gotta have time, real life time” (05:30).

• DeWitt highlights his efforts to engage in activities outside the internet, such as playing with his dog, playing guitar, and reading, which he credits with preventing excessive screen time (06:13).

Political Opinions and Media Critique

• Mark Reed from Binghamton, NY, contests the notion that unfavorable views of the Democratic Party affect the broader success in midterm elections, arguing that local dynamics prevail (06:11).

• Mitchell Rabb from Mesquite, Nevada, criticizes the media culture, describing it as a "lunatic culture," and attributes the liberal dominance among young Americans to the existing media environments (06:11).

5. Analysis of Television News Ratings

Decline of Late-Night Shows and Partisan Media

Bill O’Reilly shifts focus to the declining ratings of television news programs, attributing it to audience fatigue with partisan politics. He cites the cancellation of Stephen Colbert’s Late Show by CBS, noting a viewer drop from over 4 million to 2 million (07:50). Other late-night staples are also struggling:

• Jimmy Kimmel faces potential cancellation, with viewership dwindling to just over 1 million, including a mere 200,000 in the younger demographic (08:03).

• Jimmy Fallon sees his weekly schedule reduced to four nights, signaling uncertainty about his show's future (08:40).

• ABC’s The View is under pressure, with Joy Behar potentially retiring and Sunny Hostin’s contract up for renewal following controversial moments on air (08:48). O'Reilly highlights the show's turmoil, especially incidents involving Matt Gaetz, noting, “That DOJ investigation was closed with no charges being brought” (09:22).

O’Reilly concludes that the media’s entrenched partisan nature renders it unlikely for significant changes to occur, as these behaviors are deeply rooted in the personalities and presentation styles of media professionals (10:01).

6. Conclusion

Bill O’Reilly wraps up the episode by reinforcing his commitment to delivering "No Spin, Just Facts", encouraging listeners to seek more honest analysis on his website. The episode underscores the interplay between economic policies, political dynamics, media influence, and societal behaviors, providing listeners with a comprehensive overview of the current American landscape.

For more detailed discussions and honest insights, listeners are directed to visit BillOReilly.com.

Notable Quotes:

• Jerome Powell: “policy independence gives central bankers the ability to make these very challenging decisions in a way that are focused on the data, the evolving outlook, the balance of risks and not on political factors.” (00:20)

• Mike Slater on South Korean Investment: “We build almost all of our ships in South Korea. Not good if we ever go to war with China.” (01:15)

• Bill O’Reilly on Million-Dollar Poll: “15% say they would frame a friend for a crime to acquire a million bucks. That’s evil and corresponds exactly to my number of rotten human beings, 15% of the population.” (04:03)

• Robert on Digital Addiction: “Very troubling to me to see people out to dinner with friends and they’re all on their cell phones instead of interacting with each other.” (05:27)

This comprehensive summary encapsulates the key discussions, insights, and conclusions from the episode, providing a clear and informative overview for those who have not listened to the podcast.