The Megyn Kelly Show - Schumer Caves in Budget Battle, Putin Playing Hardball, Michelle Obama Podcast Flop： AM Update 3⧸14

00:00:00.000 Good morning, everyone. I'm Megyn Kelly. It's Friday, March 14th, 2025, and this is your

00:00:08.200 AM Update.

00:00:09.280 Allowing Donald Trump to take even much more power via a government shutdown is a far worse

00:00:15.560 option.

00:00:16.460 Senate Minority Leader Chuck Schumer caving in the budget battle, announcing he will vote

00:00:21.200 to allow the government funding bill to go forward, averting a shutdown.

00:00:25.040 Our position is based on the assumption that the ceasefire would lead to a long-term peace.

00:00:32.740 Russian President Vladimir Putin signals tentative acceptance of a ceasefire deal, but says he

00:00:38.220 has some concerns he would like to speak to President Trump about. President Trump inviting

00:00:43.100 New York Governor Kathy Hochul to the White House, trying to pressure her into reversing 1.00

00:00:47.900 New York's Green New Deal fanaticism. And Michelle Obama's podcast debut does little to

00:00:54.780 squash-swirling divorce rumors. All that and more coming up in just a moment on your AM Update.

00:01:02.640 Four years of crushing interest rates, runaway inflation, and reckless government spending,

00:01:07.480 and who is paying the price? You are. You might have bills stacking up. You might have debt

00:01:11.940 collectors on your back. You might barely be able to keep food on the table, and that's stressful.

00:01:16.840 Done with debt can be a way out. These guys have developed a new aggressive strategy, many of them

00:01:22.380 actually, designed to get you out of debt permanently without bankruptcy and without loans. Done with

00:01:27.860 debt will stand between you and your bill collectors. They can go head-to-head with their creditors,

00:01:32.000 getting your balances reduced, your interest rates slashed, and penalties stopped. They create a plan

00:01:37.940 to end your debt fast and put more cash in your pocket every month. And right now, Done with debt

00:01:42.880 is accepting new clients. But you need to act fast. Some of these credit relief programs expire.

00:01:48.520 Before you make another payment, consider a visit to donewithdebt.com or call 1-888-322-1054

00:01:56.340 right now. Speak with one of their debt relief strategists for free. Go to donewithdebt.com. That's

00:02:02.320 donewithdebt.com. Senate Minority Leader Chuck Schumer caving on the budget battle, a complete reversal

00:02:13.120 from his position just hours earlier, announcing on the Senate floor Thursday night he will not let

00:02:19.400 the government shut down. While the CR bill is very bad, the potential for a shutdown has consequences

00:02:27.120 for America that are much, much worse. For sure, the Republican bill is a terrible option. But I believe

00:02:36.840 allowing Donald Trump to take even more, even much more power via a government shutdown is a far worse

00:02:45.860 option. Despite Senator Schumer's early assertions of unity, the Democrat Party remaining deeply divided

00:02:52.380 on their spending bill strategy. Some fearing a shutdown would be worse politically than passing

00:02:57.620 the Republican CR. Punchbowl News reporting New York Senator Kirsten Gillibrand could be heard

00:03:02.960 yelling loudly through the doors of the Senate Dems' lunch, arguing against shuttering the

00:03:08.740 government. Eight Democrats are needed to advance the bill in a procedural vote. They will not be

00:03:13.900 required to vote on the actual bill itself, which only requires a simple majority, which the Republicans

00:03:19.220 have. With Senator Schumer's support of the procedural move, the bill is likely to pass later today,

00:03:25.020 just in the nick of time. The European Union announcing a 50 percent tariff on select U.S.

00:03:33.820 imports, namely whiskey, in direct response to Wednesday's U.S. tariffs on aluminum and steel.

00:03:40.620 President Trump immediately responding on Truth Social, writing, quote,

00:03:43.800 if this tariff is not removed immediately, the U.S. will shortly place a 200 percent tariff

00:03:49.740 on all wines, champagnes and alcoholic products coming out of France and other EU-represented

00:03:55.320 countries. Commerce Secretary Howard Lutnick on Bloomberg, admonishing the European Union and

00:04:01.300 Canada for not appreciating the gravity of the president's tariff strategy.

00:04:05.460 We need to have steel and aluminum domestically in America. In national security, you need metals

00:04:13.740 to make bullets, you need metals to make munitions, you need metals to make everything. And Donald

00:04:20.020 Trump is very focused on, let's make sure the key ingredients that are necessary to defend America

00:04:27.340 are made here in America. Secretary Lutnick saying retaliatory tariffs on items such as sports equipment

00:04:33.240 and alcohol are not serious policy measures, only serving to frustrate the president further,

00:04:38.860 escalating tensions even more. A key plank in President Trump's economic vision,

00:04:43.300 bringing back aluminum and steel manufacturing, shoring up national security, and creating

00:04:49.200 American jobs he believes we never should have lost. U.S. steel and aluminum production began

00:04:54.580 declining in the 1970s as foreign competitors, like Japan, modernized and ramped up production.

00:05:01.380 The decline accelerated in the 1990s with the rise of China and the passage of NAFTA. Foreign producers

00:05:07.040 operate under different labor laws and environmental regulations. They're able to manufacture metals more

00:05:12.660 cheaply, often selling them below market value, making it tough for U.S. manufacturers to compete.

00:05:18.840 The Bureau of Labor Statistics reporting in June 1979, manufacturing employment reached an all-time

00:05:25.680 peak of 19.6 million. Today, the number's around 13 million. President Trump summing up his views on U.S.

00:05:33.240 trade policy on Truth Social, writing, quote,

00:05:35.440 The U.S. doesn't have free trade. We have stupid trade. The entire world is ripping us off. 1.00

00:05:41.780 Markets still spooked by the uncertainty of the tariff wars. The Wall Street Journal reporting the

00:05:46.820 S&P 500 losing about $5.3 trillion from its mid-February peak. The Nasdaq down 14 percent from its

00:05:53.240 December high. And the Dow dropping 9 percent from its record level. Treasury Secretary Scott Besson on CNBC

00:05:59.960 reassuring investors. I'm not concerned about the a little bit of volatility over three weeks,

00:06:07.500 because if you look over the long term, the reason stocks are a safe and great investment is because

00:06:13.180 you're looking over the long term. I can't tell you that the market is going to go up today, tomorrow,

00:06:18.300 next week. But I can tell you that if we put proper policies in place, it's going to lay the groundwork

00:06:24.220 for a both real income gains and job gains and asset continued asset gains. Secretary Besson saying

00:06:33.500 markets will stabilize if Congress can work together to pass tax cuts for individuals and businesses.

00:06:42.260 Russian President Vladimir Putin expressing at a Thursday news conference some reservations about

00:06:47.300 the ceasefire proposal agreed to by the Ukrainians. Mr. Putin saying the Russians agree with the ceasefire

00:06:53.300 in theory, but they have additional concerns. And he would like to speak to President Trump before

00:06:57.940 agreeing to anything. We agree with the proposals for the ceasefire, but our position is based on the

00:07:06.680 assumption that the ceasefire would lead to a long term peace, something that would remove the initial

00:07:13.560 reasons for the crisis. Mr. Putin initially justified his invasion based on a number of reasons.

00:07:18.860 The first on the list, Ukraine's push to join NATO. Mr. Trump is recently as Thursday reiterating

00:07:25.120 that will not happen. Mr. Putin also claimed the invasion was intended to de-Nazify Ukraine.

00:07:32.060 The president of Ukraine, Volodymyr Zelensky, is Jewish. Prior to the war, Ukraine was home to one 0.99

00:07:38.120 of the largest Jewish populations in Europe. Mr. Putin also asserted without evidence the Ukrainian

00:07:43.440 government was preparing a military offensive against Russian-backed separatists in the Donbass region.

00:07:50.240 This region borders Russia and its home to primarily Russian speakers. The Russian military

00:07:55.900 currently occupies about 20 percent of Ukraine, including the Donbass region, its fate subject to

00:08:01.880 further peace negotiations. Despite media reporting suggesting Mr. Putin's statement is an indication

00:08:07.860 he will refuse this deal. President Trump responding with cautious optimism from the Oval.

00:08:14.000 I hope Russia is going to make the deal too. If President Putin agrees and does a ceasefire,

00:08:23.220 I think we're going to be in very good shape to get it done. We want to get it over with. That's why

00:08:28.240 it was very important what I instructed everybody, including Steve, what we're looking for,

00:08:33.740 to discuss concepts of land, concepts of power plants, because it's complicated.

00:08:40.840 The power plant in question, Zaporiza nuclear power plant, is the largest in Europe. It's been

00:08:46.700 under Russian control since 2022 and is not currently operational. In peacetime, the plant provides about

00:08:52.480 20 percent of Ukrainian energy. It is a key bargaining chip in Russian possession. On CNBC, Treasury Secretary

00:08:59.560 Scott Besson warning the president is prepared to fully ratchet up pressure on the Russians in order

00:09:05.320 to get a deal done. If we just take kind of a scale zero to 10, that I think the Biden administration

00:09:11.800 sanctions on Russia were probably a three. On the way out the door, they took them to a six. And I can tell

00:09:18.580 you, we wouldn't hesitate to take them up to 10. Special Envoy Steve Whitkoff is in Moscow. Long days of

00:09:26.160 intense negotiations on all sides to come. Coming up, President Trump invites New York Governor Kathy

00:09:32.900 Hochul to the White House, pressuring her into reversing New York's Green New Deal fanaticism.

00:09:38.760 And Michelle Obama's podcast does little to squelch divorce rumors.

00:09:44.920 So many people these days are focusing on getting healthy. And speaking of health, let me tell you about

00:09:50.520 Jacob and Kristen, the founders of We Heart Nutrition. They are raising five kids while

00:09:55.940 running a company that's helping hardworking Americans live the American dream. We Heart

00:10:00.800 Nutrition makes high quality research backed supplements for women and men at every stage

00:10:06.100 of life, helping you stay strong, energized and hitting your wellness goals. But this is not just

00:10:11.220 another supplement company. They are proudly pro-life, donating 10 percent of every sale to pregnancy

00:10:16.820 care centers, supporting moms and babies in need. They have over 1,000 five-star reviews from real

00:10:22.320 people seeing real results. Go to weheartnutrition.com and take their quick 20-second quiz to get your

00:10:28.920 personalized supplement subscription recommendation delivered right to your door each month. And right

00:10:33.720 now they're giving you 20% off your first order with the code Megan. Invest in your health and go to

00:10:38.800 weheartnutrition.com. Use the code Megan to get 20% off. That's weheartnutrition.com, code Megan.

00:10:46.820 New York Governor Kathy Hochul meeting President Trump at the White House this morning to discuss

00:10:54.080 a pipeline project hinging on New York's approval. The Constitution pipeline, previously killed by New

00:11:01.440 York in 2020, would run 124 miles bringing gas from Pennsylvania to New York, where it could then

00:11:08.080 be moved across New England. President Trump telling reporters from the Oval the project is an easy win

00:11:13.580 to reduce energy costs. Well, we're working on one project. It should be very easy. It's a pipeline

00:11:20.720 going through a small section of New York. Families in New York and Connecticut and New England are going

00:11:27.300 to save $5,000 a family. Think of that. Because right now they have the highest energy prices, maybe in

00:11:34.800 the world, they say. New England is a disaster. So we're working on that. The president writing on Truth

00:11:40.160 Social that if New York does not give final approval, then they will use other authorities

00:11:44.380 to get the project through. Governor Hochul embracing radical green energy policies. She aims

00:11:50.160 to stifle and ultimately phase out natural gas in the Empire State. In 2023, New York became the first

00:11:56.520 state to begin eliminating natural gas hookups in most new buildings. Barron's reporting the pipeline's

00:12:02.800 builder is Williams Companies. Its CEO, Alan Armstrong, says he will not build this thing without the

00:12:09.900 governor's buy-in, even if he does get federal approval. Mr. Armstrong saying, quote, we are not

00:12:14.860 going to go putting our neck out until they invite us with the red carpet rolled out. Williams Companies

00:12:19.880 says Mr. Armstrong lost hundreds of millions of dollars trying to build two failed pipelines in the

00:12:25.440 Northeast over the past decade. Former First Lady Michelle Obama, noticeably absent from the public eye

00:12:32.400 since last year, finally found launching a podcast with her brother, Craig Robinson. The podcast, IMO in my

00:12:41.280 opinion, premiering on Wednesday to a lukewarm reception and low viewership. The podcast produced by Higher

00:12:47.820 Ground Productions and Obama Company will feature Mrs. Obama and Mr. Robinson sharing life lessons and

00:12:54.340 conversations with their elitist friends. A lot of people have questions they want to know, especially when

00:13:00.420 they see somebody of note with a platform who, you know, by every measure looks successful. The

00:13:07.880 people, you know, they want to hear some honest kind of conversation about how people are working it

00:13:14.620 through. The first episode premiered to 42,000 views after 24 hours and the second featuring actress

00:13:22.260 Issa Rae lagging even further, just 13,000. The show's YouTube numbers appearing to receive a slight

00:13:28.560 boost following reports highlighting how bad the audience engagement was. Newsweek running cover

00:13:34.020 for the less than stellar performance reporting. It's also important to note that this new podcast

00:13:38.740 from Obama is very much in its infancy. The Michelle Obama podcast was released in 2020 and was the most

00:13:46.280 successful original in Spotify history. Well, that podcast launched in July of 2020, the height of George

00:13:53.420 Floyd rioting and COVID shutdowns. Her latest podcast was promoted by virtually everyone. Lately, the biggest

00:14:00.780 buzz surrounding Mrs. Obama, however, is not about where she is. It's about where she is not. A recent

00:14:06.780 slate of solo appearances from her husband, Barack Obama, sparking divorce rumors. In January, President

00:14:13.120 Obama attended President Jimmy Carter's funeral and then President Trump's inauguration without his wife.

00:14:19.120 Last week, Mr. Obama went to dinner with his daughters and then an L.A. Clippers game without his wife

00:14:25.480 again. On Valentine's Day, the couple sharing coordinated messages on social media with the

00:14:31.120 exact same photo posted, but staying silent, of course, on swirling divorce rumors. Mrs. Obama using

00:14:37.540 her new platform instead to offer some less than flattering words about her husband of three decades.

00:14:43.220 When a girlfriend comes to visit, it's usually like, you've got to stay for two days because it's

00:14:51.580 going to take us two days to check up. Now, Barack has come in, he's come out, and he's like,

00:14:59.340 y'all still talking? He'll sit down for five minutes and be like, how are the boys? Because he golfs.

00:15:03.820 It takes five hours to golf. He'll golf with his buddies, come back and be like, how's X? He's good.

00:15:09.680 It's like, what'd y'all talk about? Nothing. On Thursday, Mrs. Obama was seen in public for the

00:15:15.960 first time this year for a live taping of her podcast at the South by Southwest Festival in

00:15:21.880 Austin, Texas. No reporting of Mr. Obama anywhere in sight. And that'll do it for your AM update.

00:15:29.500 I'm Megan Kelly. Join me back here today for our last installment of our special series,

00:15:34.800 Megan Kelly investigates on the disappearance of baby Lisa Irwin and a shocking conclusion.

00:15:42.120 A 10-month-old girl who disappeared from her crib in the dark of night. It will air on SiriusXM

00:15:47.380 Triumph channel 111 at noon east on youtube.com slash Megan Kelly and on all podcast platforms

00:15:53.380 on the Megan Kelly show feed.

The Megyn Kelly Show - March 14, 2025

Schumer Caves in Budget Battle, Putin Playing Hardball, Michelle Obama Podcast Flop： AM Update 3⧸14

Episode Stats

Summary

Transcript