The 47 Morning Update with Ben Ferguson

Episode: Powell Drops the Rate plus Dems still Using Name Calling to Charge the Radical Left

Date: September 20, 2025
Host: Ben Ferguson

Episode Overview

On this episode, Ben Ferguson breaks down two central themes:

1. The Federal Reserve’s decision to cut interest rates—what it means, Trump’s influence, and Chair Jerome Powell’s rationale.
2. Ongoing concerns about charged rhetoric on the left, particularly post Charlie Kirk’s assassination, highlighting Hillary Clinton and Randy Weingarten’s language around “fascism” in education debates.

Ben delivers pointed commentary directed at both monetary policy and Democratic messaging, urging listeners to question narratives and recognize the implications for American politics and society.

Key Discussion Points & Insights

1. Federal Reserve Cuts Rate: Trump’s Influence and Economic Implications

[03:14–11:48]

• Fed Announcement:
  Ben opens with headline news—the Federal Reserve has cut interest rates by a quarter percentage point, with indications of two more cuts before year’s end.

  “Finally, the Fed cuts rates by a quarter percent, signaling two more cuts will be coming this year. And it means Donald Trump was right. Interest rates were far too high and now the Feds finally having to admit it.”
  — Ben Ferguson [03:14]

• Trump’s Pressure on Powell:
  Ben details how former President Trump consistently pushed for more aggressive rate cuts, even calling for Powell’s resignation if he didn’t move faster:

  “Donald Trump has repeatedly urged the Fed to cut interest rates… He even talked about the idea that it was time to get rid of Jerome Powell, that he should resign. Well, Jerome is still there. But the good news is finally the Feds have cut interest rates…”
  — Ben Ferguson [05:11]

• CNN Coverage Recap:
  Ben shares a CNN report, with Matt highlighting the balancing act the Fed faces:

  “The Fed just delivered an interest rate cut and it is the quarter point cut that was widely expected. Now, this is a big deal because it is the first interest rate cut of the second Trump administration... They're signaling this concern [about employment] in their new statement.”
  — Matt [07:26]

  “Fed officials say that job gains have slowed and the unemployment rate has edged up... downside risks to employment have risen. At the same time... inflation has moved up and remains somewhat elevated, which just gets at this really difficult situation facing the Fed: fighting a two front war.”
  — Matt [08:02]

• Vote Breakdown & Outlook:
  The cut passed 11–1, with Trump-loyalist Stephen Myron wanting a bigger cut. The Fed now projects three cuts for the year:

  “Looking forward, the key change with the Fed's projections is they are now penciling in a total of three interest rate cuts this year, today's and two more quarter point cuts...”
  — Matt [09:16]

• Ben’s Take on Mainstream Framing:
  Ben is dismissive of downplaying by mainstream outlets:

  “I love how they're like, well, this could be good for Americans. This is going to be massive, by the way, for Americans. And this is exactly what the President has been advocating for, saying that we need to move this in the right direction.”
  — Ben Ferguson [10:14]

• Jerome Powell Q&A:
  Powell’s own words are highlighted, confirming why the Fed avoided a bigger cut:

  “There wasn't widespread support at all for a 50 basis point cut today... We've done very large rate hikes and very large rate cuts in the last five years... I feel like our policy has been doing the right thing so far this year. I think we were right to wait and see... we're now reacting to the much lower level of job creation and other evidence of softening in the labor market...”
  — Jerome Powell (as quoted by Ben, paraphrased) [11:02]

• Ben’s Conclusion:

  “So even Jerome Powell having to admit he's probably gotten it wrong for a while now, and he's having to be honest that Donald Trump was right.”
  — Ben Ferguson [11:48]

2. Democrats' Rhetoric Post-Charlie Kirk & the "Fascist" Label

[11:48–18:24]

• No Change in Rhetoric After Tragedy:
  Ben accuses Democrats—and specifically Hillary Clinton—of continuing inflammatory language, referencing the assassination of Charlie Kirk:

  “Democrats have not learned a damn thing about their rhetoric since the assassination of Charlie Kirk. In fact... they’re doubling down on their radical words and trying to inspire others.”
  — Ben Ferguson [11:48]

• Hillary Clinton and Randy Weingarten’s Book:
  Clinton’s social media post is critiqued—she promoted Weingarten’s new book describing opponents as “fascists”:

  “Hillary Clinton now getting in on the action. She has sparked a social media firestorm for promoting a book literally warning about fascists and sick people. Clinton is ripping now authoritarians referencing Donald Trump while promoting the new book from teachers union chief Randy Weingarten…”
  — Ben Ferguson [12:13]

  Clinton’s post:

  “Congratulations, Hillary Clinton said to my friend on, quote, why fascists fear teachers. From banning books to controlling curriculum, authoritarians go after public education because it's a cornerstone of democracy.”
  — Ben Ferguson quoting Hillary Clinton [12:44]

• Conservative Reaction:
  Ben cites strong backlash from conservative commentators and organizations, drawing a direct line between charged language and violence:

  “Clinton was criticized instantly by many conservatives online for the post, which they argued continued the smear campaign against political opponents that many believe contributed to the assassination of Charlie Kirk. Why? Because these are the words that are used by the assassin.”
  — Ben Ferguson [13:25]

• Memorable Quotes from Conservative Critics:

  “Hillary Clinton and Randy Weingarten are going full speed ahead with this disgusting rhetoric right after Charlie Kirk's assassination. Sick people.”
  — Unnamed Conservative, cited by Ben [14:02]

  “They wrote an entire book on a word they don't even understand...”
  — Member of Huntington Beach City Council, cited by Ben [14:34]

• Ben’s Broader Critique:
  He accuses Democrats of indoctrinating students, misusing charged terms, and justifying violence:

  “The Democratic Party has taken over the education system. It's where they've indoctrinated children to be ashamed of America, not be proud of it. It's where they've indoctrinated children to believe that anyone that disagrees with them is somehow instantly a fascist or a Nazi or Adolf Hitler and they should be taken out.”
  — Ben Ferguson [15:11]

  He referencing polling:

  “The youngest generation, 42% of them, say in new polling that it is appropriate to use violence to go after people you disagree with as long as you justify it as saying you're trying to stop evil.”
  — Ben Ferguson [16:05]

• Final Word on Responsibility:
  Ben claims the left sees the assassination and its rhetorical context as a success, not a lesson.

  “They look at this as a success and they're still using the same words that were used by the assassin to justify the killing of one of our own.”
  — Ben Ferguson [17:15]

Notable Quotes & Memorable Moments

• Ben Ferguson on Fed Decision:

  “This is exactly what the President has been advocating for... So is this a victory for all Americans? Yes. Is this a big victory for the fact that Jerome Powell said it the way that he described it? Yes. And is it something that we should all celebrate? You better believe it.”
  — [10:14]

• Matt (CNN) on Fed’s Dilemma:

  “They're really trying to fight a two front war. Right? They're trying to fix the job market and they're trying to defeat inflation. At the same time, it is really difficult.”
  — [08:15]

• Jerome Powell defending gradual cuts:

  “I think we were right to wait and see how tariffs and inflation and the labor market evolved. I think we're now reacting to... much lower level of job creation and other evidence of softening in the labor market…”
  — [11:02]

• Ben Ferguson on Democratic Rhetoric:

  “It's where they've indoctrinated children to believe that anyone that disagrees with them is somehow instantly a fascist or a Nazi or Adolf Hitler and they should be taken out.”
  — [15:11]

Timestamps for Important Segments

• [03:14] – Ben introduces key stories: Fed rate cut and Democratic rhetoric post Charlie Kirk.
• [05:11] – Trump’s public criticism and pressure on the Fed reviewed.
• [07:26] – Matt (CNN) explains the Fed’s move and its significance.
• [10:14] – Ben summarizes the mainstream reaction and implications for Americans.
• [11:02] – Jerome Powell on the size of the rate cut and economic reasoning.
• [11:48] – Shift to discussion on rhetoric from Democrats post Charlie Kirk assassination.
• [12:44] – Hillary Clinton’s controversial post is quoted and discussed.
• [15:11] – Ben talks about indoctrination and the misuse of ‘fascist’ labels.
• [16:05] – Poll on youth attitudes toward violence and disagreement cited.

Tone & Style

Ben Ferguson’s tone throughout is assertive, combative, and highly critical of both the Federal Reserve’s prior inaction and the language used by high-profile Democrats. His commentary is direct, sharply partisan, and laced with skepticism toward mainstream media interpretations. He aims to energize and inform his audience while underlining perceived threats to conservative values and American society.

For those who missed the episode, Ben Ferguson provides a fiery roundup of current events, focusing on the intersection of economic policy and cultural-political battles—framing recent rate cuts as a victory for Trump and warning of continued polarization driven by charged rhetoric from the left.