The Megyn Kelly Show - July 04, 2025


Big Beautiful Bill Passes, Jobs Report Surpasses Expectations, CBS Settles with Trump： AM Update 7⧸4


Episode Stats


Length

15 minutes

Words per minute

154.28464

Word count

2,463

Sentence count

188

Harmful content

Misogyny

3

sentences flagged

Hate speech

4

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

On this episode of Your AM Update: President Trump scores another win against the corporate media, CBS settles with the president in a case about 60 minutes old, selectively edited an interview with Vice President Kamala Harris ahead of the election, and more.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
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00:00:33.060 Good morning, everyone. I'm Megan Kelly.
00:00:35.480 It's Friday, July 4th, 2025.
00:00:38.980 Happy Independence Day.
00:00:41.180 And this is your AM update.
00:00:43.180 Any of these individual achievements would be historic victories
00:00:46.120 for a Republican Congress or any Congress.
00:00:48.760 And today we're delivering on all of them.
00:00:51.300 House Republicans passing President Trump's one big, beautiful bill
00:00:55.780 just in the nick of time, delivering the signature legislation to the White House
00:00:59.960 for the July 4th celebrations.
00:01:02.580 This job market is like the Energizer bunny.
00:01:05.120 Every single time we expect it to run out of steam, it just keeps going and going.
00:01:10.100 The latest jobs report blowing away expectations.
00:01:12.580 President Trump scores another win against the corporate media, CBS parent company Paramount,
00:01:19.120 agreeing to a settlement with the president in a case about 60 minutes,
00:01:22.800 selectively editing an interview with Vice President Kamala Harris ahead of the election.
00:01:28.300 All that and more coming up in just a moment on your AM update.
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00:02:47.660 The U.S. Supreme Court, in a 7-2 opinion, making clear to a federal district judge in Boston,
00:02:57.180 they tell him what to do, not the other way around.
00:03:00.760 Federal District Judge Brian Murphy of Massachusetts,
00:03:03.760 placed on the bench in President Biden's waning days in office,
00:03:06.980 in April, issuing a preliminary injunction that stopped the Trump administration from deporting
00:03:13.360 illegal immigrants to third countries, meaning countries from which they do not hail.
00:03:19.000 While the injunction was pending, the Trump administration appealed and also transported
00:03:24.080 eight men out of the U.S. en route to South Sudan.
00:03:28.040 In May, Judge Murphy held that was a violation of his injunction.
00:03:31.980 The government thus stopping the transport, temporarily holding the men in Djibouti.
00:03:37.840 The Supreme Court lifted that preliminary injunction,
00:03:40.740 allowing Trump's deportations to continue while the case plays out on the merits.
00:03:45.700 And then Judge Murphy tried to enjoin the deportations anyway,
00:03:50.800 saying that since the government had violated his injunction order in the first place,
00:03:55.500 he could still punish them by enforcing his now clearly invalid injunction order.
00:04:00.680 The government called this unprecedented defiance,
00:04:04.360 asking the Supreme Court to clarify its earlier ruling.
00:04:07.680 Late Thursday, the High Court made clear these deportations may resume,
00:04:12.400 including of the men in Djibouti.
00:04:14.820 The majority, which included the court's six conservatives and Justice Kagan, a liberal, held,
00:04:20.400 the May 21st order cannot be used to enforce an injunction that our stay rendered unenforceable.
00:04:26.580 Justice Kagan concurring, quote,
00:04:28.440 I do not see how a district court can compel compliance with an order that this court has stayed.
00:04:34.820 Justices Sotomayor and Jackson dissenting,
00:04:37.840 accusing the Trump administration of flouting the injunction and getting away with it, quote,
00:04:42.580 Today's order clarifies only one thing.
00:04:45.320 Other litigants must follow the rules, 1.00
00:04:47.460 but the administration has the Supreme Court on speed dial.
00:04:50.720 The House passing President Trump's one big, beautiful bill on Thursday,
00:04:57.180 following down-to-the-wire negotiations with several GOP holdouts,
00:05:01.200 weather delays as well, preventing representatives from returning to D.C.,
00:05:04.680 and hours and hours of Democrat stalling tactics.
00:05:08.360 The final vote clocking in at 218 to 214.
00:05:11.660 Republican Congressman Thomas Massey of Kentucky and Brian Fitzpatrick of Pennsylvania
00:05:16.100 joining every Democrat in voting no.
00:05:19.560 The sounds from the House floor in the moments after the legislation passed.
00:05:23.780 On this vote, the yeas are 218, the nays are 214. 0.95
00:05:28.300 The motion is adopted.
00:05:29.840 USA! USA! USA! USA! USA!
00:05:35.960 GOP leadership locking in Republican support to clear a procedural hurdle around 3.20 a.m. on Thursday morning.
00:05:42.740 Then around 5 a.m., House Minority Leader Hakeem Jeffries,
00:05:46.540 without any remaining hope of changing the outcome,
00:05:49.480 using his unlimited floor time to launch a last-bid stalling tactic.
00:05:54.340 Reading through multiple binders, slamming the bill, as well as his Republican colleagues.
00:05:59.120 Here's a sample of how that sounded.
00:06:01.460 Mr. Speaker, I rise today in strong opposition to Donald Trump's one big, ugly bill.
00:06:08.320 This disgusting abomination, the GOP tax scam.
00:06:11.960 A deportation machine that will be unleashed on steroids by this one big, ugly bill. 0.98
00:06:18.280 We want no part of it, which is why we're fighting so hard to stop it.
00:06:22.860 On behalf of every single American, I'm on this House floor after 6 a.m.,
00:06:30.220 and I'm planning to take my sweet time.
00:06:34.580 Inspiring.
00:06:35.180 Ultimately, Mr. Jeffries speaking for a total of 8 hours and 44 minutes,
00:06:40.500 setting a new record for longest speech in House history,
00:06:44.180 the previous record set by then-minority leader Kevin McCarthy in 2021.
00:06:48.640 Speaker Mike Johnson taking a victory lap following Mr. Jeffries' remarks.
00:06:53.040 You know, Ronald Reagan said one time that no speech should be longer than 20 minutes,
00:06:56.900 and unlike the Democrat leader, I'm going to honor my colleague's time
00:07:00.400 and be a little more brief than that, all right?
00:07:02.140 With one big, beautiful bill, we are going to make this country stronger,
00:07:07.360 safer, and more prosperous than ever before.
00:07:10.420 And every American is going to benefit from that.
00:07:13.760 This big, beautiful bill fulfills all the promises in the American First Agenda.
00:07:17.920 Record tax cuts for hard-working Americans.
00:07:21.280 Historic savings at the same time to end reckless spending.
00:07:25.120 We got energy dominance coming back to power our future.
00:07:28.960 We have a secure border to protect American families.
00:07:31.700 We have a strong military to restore peace through strength.
00:07:35.120 Law enforcement will have the help of a border wall now that's 100% complete.
00:07:40.140 Look, any of these individual achievements would be historic victories for a Republican Congress
00:07:44.420 or any Congress.
00:07:45.920 And today, we're delivering on all of them in one big, beautiful bill.
00:07:51.000 The bill, unchanged from the version passed by the Senate earlier this week,
00:07:55.860 delivering on no taxes on tips up to $25,000 a year,
00:08:00.420 no tax on overtime up to $12,500 for an individual,
00:08:04.860 permanently increasing the child tax credit,
00:08:07.540 rescinding billions in Green New Deal funding,
00:08:10.520 adding work requirements on Medicaid for able-bodied adults,
00:08:13.940 and providing a massive injection to the ICE budget to help with deportations.
00:08:18.380 Prior to the BBB, ICE funding hovering around $10 billion annually,
00:08:23.380 the BBB infusing the agency with more than $100 billion in funding through 2029.
00:08:29.360 That's money for thousands of new officers, 0.57
00:08:32.400 increasing illegal alien detention capacity,
00:08:35.160 and adding billions for transportation and removal,
00:08:38.160 all to facilitate President Trump's mass deportation program.
00:08:41.820 The president is set to sign the bill at the White House later today.
00:08:44.780 The U.S. economy added 147,000 jobs in June.
00:08:51.880 That was more than expected.
00:08:53.780 This is tied for the first best number of job creation of the year.
00:08:58.580 Jobless claims, much lower than expected.
00:09:00.800 Across the board here in the labor market, this is a pretty solid read.
00:09:04.200 This jobs market is like the Energizer bunny.
00:09:06.720 Every single time we expect it to run out of steam,
00:09:09.880 it just keeps going and going.
00:09:11.360 The latest jobs report coming in hotter than expected.
00:09:14.960 The U.S. adding 147,000 new jobs in the month of June,
00:09:18.760 surpassing projections of 110,000.
00:09:21.960 The unemployment rate dropping to 4.1 percent from 4.2 percent in May,
00:09:27.260 defying expectations that it would increase to 4.3 percent.
00:09:31.820 Markets surging in reaction.
00:09:34.060 The S&P 500 and Nasdaq hitting new highs for the third time in four days.
00:09:38.280 Press Secretary Caroline Leavitt posting to X,
00:09:41.060 quote,
00:09:41.660 For the fourth month in a row,
00:09:44.000 jobs numbers have beat market expectations with nearly 150,000 good jobs created in June.
00:09:50.340 American-born workers have accounted for all of the job gains 0.99
00:09:54.420 since President Trump took office and wages continue to rise.
00:09:58.500 The economy is booming again,
00:10:00.560 and it will only get better when the one big beautiful bill is passed and implemented.
00:10:04.660 Coming up,
00:10:07.580 Paramount agrees to pay a $16 million settlement in a lawsuit brought by then-candidate Trump,
00:10:13.660 alleging deceptive editing of a 60 Minutes interview with Vice President Kamala Harris.
00:10:18.780 These days, it feels like everyone has an agenda.
00:10:26.220 The media, big tech.
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00:11:19.140 CBS parent company Paramount Global agreeing to pay $16 million to settle a lawsuit filed by then-candidate Trump in October 2024,
00:11:28.860 accusing the network of deceptively editing a 60 Minutes interview with then-Vice President Kamala Harris just weeks before the 2024 election.
00:11:36.400 Mr. Trump taking issue with the edits, arguing they were designed to make the often rambling Ms. Harris sound more coherent to influence an election.
00:11:46.180 In one promotional clip, CBS airing a long and winding answer from Vice President Harris.
00:11:51.960 Does the U.S. have no sway over Prime Minister Netanyahu?
00:11:57.140 I think that it is, without any question, our imperative to do what we can to allow Israel to defend itself against those kinds of attacks.
00:12:06.180 Now, the work that we do diplomatically with the leadership of Israel is an ongoing pursuit around making clear our principles,
00:12:16.540 which include the need for humanitarian aid, the need for this war to end,
00:12:23.040 the need for a deal to be done which would release the hostages and create a ceasefire.
00:12:29.620 In the final version that aired on 60, the Vice President's answer was different and far more concise for her.
00:12:37.640 Does the U.S. have no sway over Prime Minister Netanyahu?
00:12:43.180 The work that we do diplomatically with the leadership of Israel is an ongoing pursuit around making clear our principles.
00:12:52.380 Mr. Trump's legal team filing the suit in Texas under the Texas Deceptive Trade Practices Consumer Protection Act
00:12:58.880 and the Federal Lanham Act, which governs false advertising and unfair competition.
00:13:03.660 The lawsuit, originally seeking $10 billion in damages, later raised to $20 billion,
00:13:08.420 alleging CBS, quote,
00:13:09.780 deceptively manipulated the interview in a manner calculated to make Harris appear coherent and decisive,
00:13:15.300 and thus the product more commercially appealing to defendants' audience.
00:13:18.660 CBS maintains the company did nothing wrong and will not issue an apology as part of the settlement agreement,
00:13:25.140 though going forward, it will now release full transcripts with presidential candidates after the interviews have aired.
00:13:32.100 The settlement fees will go toward Mr. Trump's legal costs and his future presidential library
00:13:37.760 and will not be paid to the president directly.
00:13:41.100 Many inside the network reportedly viewing the settlement as a setback for the First Amendment,
00:13:45.720 a move that some believe was less about the merits of the case and more about clearing the way for Paramount's impending high-stakes merger
00:13:53.260 with Skydance Media, a deal requiring approval from Trump-appointed chairman of the FCC, Brendan Carr.
00:14:00.480 Paramount in a statement saying the settlement has nothing to do with the deal.
00:14:04.280 In April, amid settlement talks, 60 Minutes executive producer Bill Owens resigning from his post,
00:14:10.320 citing a lack of independence, writing in a staff memo,
00:14:13.460 Having defended this show and what we stand for from every angle, over time, with everything I could,
00:14:19.900 I am stepping aside so the show can move forward.
00:14:22.860 The show is too important to the country.
00:14:25.280 It has to continue, just not with me as executive producer.
00:14:28.900 Of course, Mr. Owens presided over an era at 60,
00:14:32.220 in which the show got progressively anti-Trump in its story selection and tone,
00:14:36.860 and drifted leftward in its approach to other stories,
00:14:39.720 like when it suggested that K-5 schools are not allowing sexually inappropriate materials in front of children,
00:14:47.300 something the U.S. Supreme Court just acknowledged is happening.
00:14:51.160 President Trump's legal team calling the settlement, quote,
00:14:53.460 another win for the American people,
00:14:55.360 as he once again holds the fake news media accountable for their wrongdoing and deceit.
00:14:59.880 And that'll do it on a busy AM update.
00:15:04.020 I'm Megan Kelly.
00:15:04.840 Join me back here for The Megan Kelly Show,
00:15:06.620 live on SiriusXM Triumph Channel 111 at noon east,
00:15:09.320 on youtube.com slash megankelly,
00:15:11.300 and on all podcast platforms.
00:15:13.360 And in the meantime, have a great, great July 4th.
00:15:17.420 Hope you spend some time with your family,
00:15:18.880 having some burgers and dogs,
00:15:20.960 saying the pledge,
00:15:22.040 singing some songs,
00:15:23.160 and feeling lucky to have been born in this beautiful country of ours.
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