Trump declares Antifa a Terrorist Organization plus Feds Drop Rates & How it Effects You

The 47 Morning Update with Ben Ferguson

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1d ago 15:10

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Part 1: Antifa Designation

Announcement: Former President Donald Trump declared Antifa a major terrorist organization.
Context: The declaration followed the reported assassination of conservative activist Charlie Kirk, which Trump and allies framed as evidence of left-wing extremism.
Key Points:
- Antifa is described as a loosely affiliated ideology, not a centralized group.
- Trump emphasized “following the money” to identify who funds Antifa-related activities.
- He suggested possible use of RICO laws to prosecute funders and agitators.
- The administration anticipated legal challenges from groups like the ACLU and SPLC, citing constitutional concerns (free speech, assembly, due process).
- Politically, the move was presented as a fight the White House was “happy to have,” despite opposition from Democrats.

Part 2: Federal Reserve Interest Rate Cuts

Background: Trump had been pushing the Federal Reserve to cut interest rates more aggressively, often criticizing Fed Chair Jerome Powell.
Decision: The Fed cut rates by 0.25 percentage points, marking the first cut in Trump’s second term.
Significance:
- The cut signals concern over a slowing job market and rising unemployment.
- It also shows the Fed balancing two pressures: supporting jobs while controlling inflation.
- Trump-aligned Fed members favored deeper cuts (0.5%).
- The decision benefits borrowers (credit cards, home equity loans), though it’s not seen as a complete fix for the economy.
Framing in the podcast: The host portrays this as a major political and economic victory for Trump, arguing it validates his long-standing criticisms of Powell and the Fed.

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