The Fed cuts interest rates by 25 basis
points after disappointing job growth
— and mounting political pressure
Posted By: franco, 9/17/2025 6:07:51 PM
America is getting a highly-anticipated interest rate change — the first cut of the year. Federal Reserve Chair Jerome Powell announced Wednesday that the central bank will slice rates by a quarter percentage point. The call aligns with expectations: CME FedWatch projected a near-100% chance of a September policy shift in the days before the meeting. The Federal Open Market Committee cited slowing job growth as a key reason for the cut, despite inflation heating up once more. The Fed's goal is to keep employment and price increases in balance, a dual mission that has been difficult in recent months.
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America is getting a highly-anticipated interest rate change — the first cut of the year.
Federal Reserve Chair Jerome Powell announced Wednesday that the central bank will slice rates by a quarter percentage point. The call aligns with expectations: CME FedWatch projected a near-100% chance of a September policy shift in the days before the meeting.
The Federal Open Market Committee cited slowing job growth as a key reason for the cut, despite inflation heating up once more. The Fed's goal is to keep employment and price increases in balance, a dual mission that has been difficult in recent months.
The University of California, Los Angeles has placed its controversial race and equity director, Johnathan Perkins, on leave after he celebrated conservative commentator Charlie Kirk's assassination in a series of social media posts.
Perkins, a veteran diversity consultant who worked in the Office of the General Counsel at Harvard University before joining UCLA in 2019, took to left-wing X copycat Bluesky on Friday to disparage Kirk. In one post, he responded to a user who called Kirk the right's "Rush Limbaugh replacement" with the message, "Yup. Good riddance, both."
Security Council Deputy Chairman Dmitry Medvedev has once again issued a firm warning to the Western military alliance backing Kiev, saying that if NATO countries begin shooting down Russian drones over Ukraine during the 'special military operation', this will put Moscow at war with NATO.
The words come dangerously after the last week has seen Russian drones allegedly breach Polish and Romanian airspace - both NATO member's along the alliance's 'eastern flank'. Moscow has rejected accusations that it intentionally sent these drones, which were by and large 'decoy' UAVs amid broader drone waves targeting inside Ukraine.
Fired MSNBC political analyst Matthew Dowd said on Friday that he was “naive” to state on national television that Turning Point USA founder Charlie Kirk brought his assassination on himself.
MSNBC fired Dowd on Wednesday evening after he said that Kirk’s so-called “hate speech” led to his assassination, which sparked intense backlash among conservatives and mourners. The political analyst wrote in a Substack post that he did not expect people to be outraged by him bringing up that Kirk is a “divisive and polarizing figure.”
Former ESPN anchor Sage Steele has issued a direct call for all major American sports leagues to “release statements & send condolences” to the family of murdered conservative activist Charlie Kirk, “kinda like you did when career criminal George Floyd died.”
Kirk, 31, was murdered while speaking at an event at Utah Valley University on Wednesday afternoon. The founder of Turning Point USA (TPUSA) and husband and father of two, was struck in the neck by an assassin’s bullet and later died at a local Utah hospital.
Treasury Secretary Scott Bessent called on the Federal Reserve to change its policy stance after a government agency revised US jobs data to show weaker hiring in the year through March.
“They should, let’s see if they will,” Bessent said on Fox Business Tuesday when asked if the Fed should recalibrate. He cited famed economist John Maynard Keynes for saying “when the facts change, I change my mind — what do you do?”
Speaking hours after the revised jobs data showed there were 911,000 fewer payroll gains in the 12 months through March, Bessent said, “It turns out that we didn’t have good facts.”
Rick Davies, the founding member of the 1970s British rock band Supertramp, has died at age 81.
The rocker died at his Long Island home Friday following a decade-long battle with Multiple Myeloma, a type of blood cancer, the band revealed.
The group’s surviving members paid their respects to Davies in a heartfelt statement on social media. “The Supertramp Partnership is very sad to announce the death of the Supertramp founder, Rick Davies after a long illness,” the “Goodbye Stranger” hitmakers wrote on Facebook Sunday.
“Rick passed away at his home on Long Island on September 5th. [SNIP]"
Letitia James’s New York State mortgage records indicate that she committed mortgage fraud on a $200,000 “Credit Line Mortgage” with Citizens Bank in 2021.
Like other mortgages, it requires a signed note, a mortgage document, and recording with the county clerk.
The mortgage document shows that James misrepresented her five-unit apartment building as a single-family dwelling.
This false claim allowed James to avoid significantly higher commercial loan closing costs and a higher interest rate.
For decades, Democrats and Republicans have regularly cooperated to swiftly confirm the many, many individuals selected by each president to serve in their administration.
Regardless of the party in the White House, both sides have long agreed that a president deserves to have his or her administration in place, quickly. That doesn’t mean we don’t disagree. But it does mean when nominees are held up, opposed, or blocked—it’s for a legitimate purpose, not for leverage in partisan games, to score political points at the expense of public safety.
Now, while I agree with the above sentiment, those sentences aren’t actually mine. Those are the words of Democrat Leader Sen. Chuck Schumer [SNIP]
The optics for the Democratic Party are not great at the moment.
Whether it's vehemently rejecting President Trump's mission to restore law and order in crime-ridden progressive cities or opposing the deportation of criminal illegal aliens, the party of confused radicals - still unable to define what a woman is - bankrolled by rogue leftist billionaires and propped up by dark-money NGOs, has firmly branded itself as the party of "America Last."
If Democrats had their way, no illegal alien would ever be deported. That's because these third-worlders are seen as the party's future voting base to seize more political power.
Have federal district judges peaked? Democrat judges, especially Biden judges, have been issuing insane rulings trying to stop President Trump from doing pretty much anything. These rulings are so bad that even Justice Kagan, hardly a Trump pal, was baffled by them.
I’ve argued that these rulings are literal lawfare, there’s no pretense that these various blocks are even legal, they’re there to force Trump to go to the Supreme Court. And then the Supreme Court, especially its weakest man, Chief Justice Roberts to mull over what the cocktail party set will say and cringe over being accused of being a rubber stamp for Trump.
Five Republicans in the House joined Democrats Wednesday to block an effort to censure Rep. LaMonica McIver, D-N.J., over a confrontation with immigration officers in her district.
Rep. Clay Higgins, R-La., sponsored a resolution that would have condemned McIver’s actions in May and removed her from her position on the House Homeland Security Committee. The House voted 215-207 to table the measure, with Republican Reps. Don Bacon and Mike Flood of Nebraska, Dave Joyce and Mike Turner of Ohio, and David Valadao of California voting against the censure along with all Democrats. Rep. Andrew Garbarino, R-N.Y., and Rep. Nathaniel Moran, R-Texas, voted present.
Most Active Articles (last 48 hours)
Former President Barack Obama implied Tuesday that President Donald Trump was to blame for Charlie Kirk’s assassination, because of “extreme” personnel and policies that aroused violent opposition.
Obama was interviewed onstage by Steve Scully at the Jefferson Educational Society in Erie, Pennsylvania.
He mourned Kirk’s death, saying it was “horrific,” but made sure to recite an (inaccurate) laundry list of Kirk’s more controversial statements, including a false claim that Kirk claimed black women were stupid.
Obama then said that Trump wanted to use Kirk’s assassination as “a rationale
Justice Sotomayor questions if Americans
know the difference between presidents
and kings 45 replies
know the difference between presidents
and kings 45 replies
Liberal Supreme Court Justice Sonia Sotomayor on Tuesday warned that the poor quality of civics education means Americans may not know the difference between a president and a king. Sotomayor bemoaned the lack of education about such issues as the rule of law, saying not enough people have a basic understanding of the power of the president and the limits imposed upon that authority by the Constitution. "Do we understand what the difference is between a king and a president?" she said at a civics conference held at New York Law School in Manhattan. "And I think if people understood
Great News for America: The ratings challenged Jimmy Kimmel Show is CANCELLED. Congratulations to ABC for finally having the courage to do what had to be done. Kimmel has ZERO talent, and worse ratings than even Colbert, if that’s possible. That leaves Jimmy and Seth, two total losers, on Fake News NBC. Their ratings are also horrible. Do it NBC!!! President DJT.
Kirk had remarked on X in 2017, “Jimmy Kimmel isn’t funny.” His observation gained attention again on social media as users reacted to the network’s decision to remove Kimmel following backlash over his on-air comments about Kirk’s assassination.
Oberlin student says we ‘need to bring
back political assassinations’ in wake
of Charlie Kirk murder 28 replies
back political assassinations’ in wake
of Charlie Kirk murder 28 replies
A radical leftist student at Oberlin College casually called for political assassinations to continue in the wake of the targeted killing of political activist Charlie Kirk last week, according to an online post she made.
“We need to bring back political assassinations,” said Julia Xu in a social media post, where her handle is @bringbacktheguillotine.
“I don’t feel bad and I don’t think that everyone deserves the right to free speech. Some people should be afraid to express their opinion in public.” Xu, who grew up in Connecticut, is a second-year student at Oberlin College in Ohio majoring in politics and international affairs, according to an online college blog viewed by
Former President Barack Obama addressed the assassination of conservative political activist Charlie Kirk on Tuesday, calling the killing a “tragedy” that poses a “threat to all of us” before scolding President Trump for contributing to a dangerous political climate.
Speaking with journalist Steve Scully at the Jefferson Educational Society in Pennsylvania, Obama cast Kirk’s assassination as part of an escalating trend of political violence.
“Regardless of where you are on the political spectrum, what happened to Charlie Kirk was horrific and a tragedy,”
Disney’s ABC said it would take Jimmy Kimmel‘s popular late-night show off its schedule “indefinitely” after one of the biggest owners of TV stations in the U.S., Nexstar Media, said it would pre-empt airings of the program following remarks the host made about the killing of conservative activist Charlie Kirk.
Nexstar said Wednesday that its “owned and partner television stations affiliated with the ABC Television Network will preempt “Jimmy Kimmel Live!” for the foreseeable future, beginning with tonight’s show.” The company said it “strongly objects to recent comments made by Mr. Kimmel concerning the killing of Charlie Kirk and will replace the show with other programming in its ABC-affiliated markets.”
Jimmy Kimmel is reportedly “absolutely f–king livid” over ABC’s decision to axe his late-night night show following backlash to his remarks about Charlie Kirk’s assassination – while President Trump cheered the move as “great news for America.”
The comedian, 57, was left fuming over the network’s Wednesday decision to suspend him and pull “Jimmy Kimmel Live!” off the air “indefinitely” after he unleashed a hateful tirade against the gunned down conservative activist during Monday night’s monologue, sources and producers told the Daily Mail.
President Donald Trump on Wednesday announced he will designate antifa, a left-wing activist group, as a "major terrorist organization."
Trump described the group as "A SICK, DANGEROUS, RADICAL LEFT DISASTER," in a Truth Social announcement.
The president added he will be "strongly recommending" that those funding antifa be thoroughly investigated in accordance with the highest legal standards and practices.
The announcement comes just days after Trump said he would "100%" consider the designation.
An immigration judge in Louisiana has ordered pro-Palestinian activist Mahmoud Khalil, a legal permanent resident of the U.S., deported to Syria or Algeria for failing to disclose certain information on his green card application, according to documents filed in federal court Wednesday by his lawyers.
Khalil’s lawyers suggested in a filing that they intend to appeal the deportation order, but expressed concern that the appeal process will likely be swift and unfavorable. The order from the immigration judge, Jamee Comans, came despite a separate order in Khalil’s federal case in New Jersey blocking his deportation while that court considers Khalil’s legal argument
While he was vice president, Joe Biden stepped onto taxpayer-funded Air Force 2, traveled to Ukraine, and conducted personal business with Ukraine’s then-President Petro Poroshenko. He was there “to protect the interests of Hunter Biden,” according to documents released Tuesday by Sen. Chuck Grassley, (snip)
The new documents strengthen the information in previously released records. Last Congress, Grassley released FBI 1023 records — statements from confidential sources — alleging that when Biden was vice president, executives for Ukrainian gas company Burisma put his son Hunter Biden on the company’s board of directors to “protect us through his dad, from all kinds of problems,” according to that “confidential human source.”
Former Secretary of State Hillary Clinton is getting blasted on social media after posting a picture supporting American Federation of Teachers (AFT) chief Randi Weingarten’s new book that suggests her political opponents are "fascists."
"Congratulations to my friend [Weingarten] on ‘Why Fascists Fear Teachers.’ From banning books to controlling curriculum, authoritarians go after public education because it's a cornerstone of democracy," Clinton posted on Wednesday, along with a picture of Weingarten holding the book.
"Randi's new book is a critical read for this moment," she wrote.
YORK COUNTY, Pa. —
Three officers are dead, and two others were seriously injured after a shooting occurred in York County on Wednesday afternoon.
snip)
WGAL said officials were allegedly serving a warrant when they were shot at by an individual.
During a press conference on Wednesday evening following the shooting, Colonel Christopher L. Paris said three officers were killed and two others were in critical but stable condition.
Comments:
Powell cuts the smallest possible amount. My betting money says only one more 0.25% cut this year. Powell is a tool for liberal financiers who want to keep the economy from growing to benefit Democrats in the mid-terms.