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The Megyn Kelly Show
- October 20, 2026
Tight Iowa Senate Race, Trump's Women's Health Initiative, Elon's Billions Giveaway: AM Update 10⧸20
Hosted by
Megyn Kelly
Mentioned
Lady Melania Trump
Lloyd Austin
Elon Musk
Josh Turek
Cozy Earth
George W. Bush White House
Robert F. Kennedy Jr.
Khalid Sheikh Mohammed
Republican Hinson
Brett Kavanaugh
Teodora Mitoff
Ashley Hinson
Gwen Shotwell
Jeremy Kaufman
Barack Obama
Michael Dell
Susie Wiles
Joni Ernst
Kalshi
SpaceX
and 1 more
GOP Midterm Warning Signs, Violent Riots in France, Oregon Shooting Hero Identified: AM Update 10⧸19
Record-Breaking Texas Early Voting, Netflix Shake-Up, Indiana Dem on Drunken Rant: AM Update 10⧸21
Episode Stats
Length
18 minutes
Words per minute
149.49
Word count
2,763
Sentence count
165
Transcript
Transcript generated with
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Hosts, guests, and mentioned names generated with
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00:00:00.680
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Good morning, everyone. I'm Megan Kelly. It's Tuesday, October 20th,
00:00:36.560
2026. And this is your AM update. Republicans have a voter registration advantage
00:00:42.120
in the state of Iowa. But that doesn't mean that Republicans are going into this thinking
00:00:46.740
that they are going to 100 percent win. The U.S. Senate race in Iowa currently a crucial
00:00:51.740
toss up in the midterms as Democrats threaten to flip a seat in a state President Trump won
00:00:56.940
by double digits. The White House Women's Health Task Force, which will mobilize the entire federal
00:01:03.400
government to coordinate action focused on improving women's health. President Trump and
00:01:07.880
First Lady Melania Trump launching a major new women's health initiative. The Supreme Court
00:01:13.060
refusing to intervene in the legal battle over a plea deal for the accused 9-11 mastermind,
00:01:19.200
leaving the death penalty on the table. And Elon Musk announcing plans to hand out billions of
00:01:24.940
in SpaceX stock to American children. All that and more coming up in just a moment on your AM update.
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Early voting underway in Iowa, where Republicans are fighting to hold on to a U.S. Senate seat
00:02:48.720
now rated a toss-up. Republican Congresswoman Ashley Hinson running against Democrat State
00:02:54.540
Representative Josh Turek for the seat being vacated by retiring Republican Senator Joni
00:03:00.440
Ernst. Republican Hinson, a former television news anchor, first elected to Congress in 2020.
00:03:06.900
Turek is a former professional wheelchair basketball player and two-time Paralympic
00:03:11.620
gold medalist, now serving in the Iowa Statehouse. President Trump carrying Iowa by more than 13
00:03:17.940
points in 2024, but the latest polls show a dramatically closer contest. According to
00:03:23.840
RealClearPolling, the Democrat, Turek, holds a narrow lead of just .6 points, 46.4 to Hinson's
00:03:31.700
45.8 percent. Prediction market Kalshi gives Hinson a 56 percent chance of winning compared
00:03:38.740
to the Democrats' 44 percent. The race is tightening, though, with traders driving Turek's
00:03:44.180
chances higher in recent weeks. Last month, he had just a 36% chance to win. Our sponsor,
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bucks free when they trade 25 bucks. A Democrat has not won a U.S. Senate election in Iowa since
00:04:07.220
2008. Republicans also maintain a significant voter registration advantage. WHO 13 News Iowa
00:04:14.940
Capitol Bureau reporter Teodora Mitoff explains. We know from the latest Emerson College Nextar
00:04:21.440
media poll that 7% of Iowans polled in that poll said that they were undecided. Those voters and
00:04:27.880
independents, again, those are going to be the critical ones here. We know that Republicans
00:04:31.580
have a voter registration advantage in the state of Iowa over Democrats, nearly 170,000 more
00:04:38.860
Republicans than there are Democrats. Independents also have an advantage over Democrats. But that
00:04:44.120
doesn't mean that Republicans are going into this thinking that they are going to 100 percent. When
00:04:48.120
I spoke with the chair of the Iowa GOP, Jeff Kaufman, about this, and he said that they are
00:04:53.060
still acting like they're behind. They've been doing that even before when these candidates
00:04:57.200
started to join the race. They are trying to campaign. He called this the largest Republican
00:05:01.980
get-out-to-vote campaign in Iowa history. However, early voting shows stronger participation
00:05:08.880
amongst registered Democrats. According to NBC News, Democrats account for 54 percent of the
00:05:15.340
more than 33,000 ballots cast so far, compared to 30 percent from registered Republicans.
00:05:22.060
Republicans traditionally vote more on Election Day, however.
00:05:25.940
Democrat Turek raising nearly $14 million during the third quarter,
00:05:30.080
more than four times Hinson's $3.3 million haul.
00:05:34.260
However, Turek spent most of that money,
00:05:36.400
leaving Hinson with almost twice as much cash on hand
00:05:39.080
heading into the final stretch, according to Iowa Public Radio.
00:05:42.860
The war in Iran and soaring fuel prices becoming major issues in this race.
00:05:48.200
Democrat Turek attacking Hinson for opposing congressional efforts to restrict President
00:05:53.340
Trump's military operations, even as Hinson calls for an end to the war. Hinson also breaking with
00:06:00.200
the president over his decision to ease restrictions on Russian diesel sales,
00:06:04.880
intended to lower fuel prices amid the conflict. The congresswoman opposing the agreement,
00:06:10.540
arguing the U.S. should focus on domestic energy production instead. Turek also opposing the deal,
00:06:16.660
while blaming the Iran war itself for rising costs.
00:06:20.460
During their final televised debate last Tuesday,
00:06:23.200
Turek accusing Hinson of using her position in Congress
00:06:26.080
to grow her family's wealth.
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The reality is that in her public disclosure filing,
00:06:32.560
it says private stock from $1 million to $5 million.
00:06:37.060
She also took $50,000, even though she's a multimillionaire,
00:06:40.180
and taxpayer dollars to give herself a luxury D.C. apartment
00:06:43.320
and has had her husband operating as a shadow lobbyist.
00:06:46.160
This is what is wrong with D.C.
00:06:49.220
Hinson denying any wrongdoing and highlighting her support for a congressional stock trading ban,
00:06:54.800
Hinson also blasting Turek's lack of attendance in the Iowa legislature.
00:06:59.380
There is a per diem program in Washington, D.C. for members of Congress to use.
00:07:03.880
You only can use it on days that you're actually in session.
00:07:06.280
You can use it toward an apartment or toward a hotel.
00:07:08.900
I use that program much like lawmakers here in Iowa do.
00:07:12.120
Josh Turek used that program here in Iowa, even though he was only showing up to work
00:07:16.180
two out of every five days.
00:07:17.500
So that's criminal.
00:07:18.780
If it isn't already, it should be.
00:07:20.440
You should refund that money to the Iowa taxpayers.
00:07:22.740
And don't worry, I did the math.
00:07:23.880
It's $11,600 that you should write a check back.
00:07:27.240
A PolitiFact review finding Turek missing 58% of Iowa House floor votes during this
00:07:33.680
year's legislative session.
00:07:35.140
Turek defending his absences as necessary to campaign across the state.
00:07:39.580
The Democrats securing a high-profile endorsement from former President Barack Obama, the former
00:07:45.240
president winning Iowa in both of his presidential runs, joining Turek for a game of basketball
00:07:50.700
in a campaign video released in July.
00:08:09.580
Now the ball's in your court, Iowa. Let's make sure that we send Josh Turek
00:08:13.040
to the United States Senate. President Trump set to campaign in Iowa for Hinson on Thursday
00:08:19.000
and again on November 1st as Republicans fight to hold this seat.
00:08:25.600
President Trump and First Lady Melania Trump announcing a new federal initiative aimed at
00:08:30.900
improving women's health care, establishing a new division at the National Institutes of Health
00:08:36.100
and a White House task force. The First Lady spearheading the effort, speaking yesterday
00:08:41.260
during a Rose Garden ceremony to call for a fundamental shift in how the medical community
00:08:46.200
studies and treats women. The advancing women's health to improve outcomes in all phases of life,
00:08:55.120
executive order, establishes a new standard for women's health in America. We now possess
00:09:04.340
extraordinary scientific capabilities such as super intelligence advanced
00:09:11.420
biotechnology and groundbreaking therapies at the same time social norms
00:09:18.060
are changing and topics that were once taboo are becoming open well informed
00:09:25.900
and necessary together these developments present a unique chance to
00:09:33.220
reinvent women's health care. The executive order aims to close long-standing gaps in women's
00:09:39.920
medical research and treatment, with a particular focus on conditions like endometriosis, osteoporosis,
00:09:46.600
and heart disease. Mrs. Trump outlining five priorities for the initiative, including directing
00:09:52.120
more research funding toward women's health, using artificial intelligence to accelerate
00:09:57.020
medical discoveries, and getting new treatments to patients more quickly. President Trump then
00:10:02.460
outlining how his admin plans to carry out those goals. These are mothers, daughters, sisters,
00:10:09.020
wives, and under the Trump administration, we're going to get them the care and support that they
00:10:14.120
need and deserve. The executive order I'll sign in just a moment. We'll direct the Department of
00:10:20.200
Health and Human Services to establish a new women's health division within the National
00:10:26.080
Institute of Health. That's a big deal. This historic initiative will promote new research
00:10:33.700
and really go after the understudied diseases affecting women and promote innovative technologies
00:10:39.920
to diagnose conditions sooner and improve treatment using the best available science,
00:10:45.000
and we've got that. So today's order also establishes the White House Women's Health
00:10:50.300
Task Force, which will mobilize the entire federal government to coordinate action focused on
00:10:55.780
improving women's health. The new Women's Health Division will work alongside the NIH's existing
00:11:01.660
Office of Research on Women's Health, which was established in 1990. The White House Women's
00:11:07.640
Health Task Force will be co-chaired by Health and Human Services Secretary Robert F. Kennedy Jr.
00:11:12.840
and White House Chief of Staff Susie Wiles. Wiles announcing last month that she was cancer-free,
00:11:18.240
six months after she was diagnosed with early-stage breast cancer. The executive order
00:11:23.640
gives the admin 90 days to establish the new NIH division, although it does not specify how much
00:11:29.260
additional funding will be devoted to women's health research or treatments. The new task force
00:11:35.020
holding its first meeting in the White House's Roosevelt Room shortly after Monday's ceremony.
00:11:41.900
Coming up, the Supreme Court declining to take up an appeal from the accused 9-11 mastermind,
00:11:47.940
dealing another blow to his efforts to avoid the death penalty. And Elon Musk pledging to give
00:11:53.320
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The U.S. Supreme Court rejecting an effort to restore a plea deal for the accused mastermind
00:13:06.800
of the September 11th terrorist attacks, keeping the possibility of the death penalty on the table.
00:13:13.340
In an unsigned order yesterday, the justice is declining to hear an appeal
00:13:17.220
from Khalid Sheikh Mohammed and two alleged accomplices, Mustafa al-Hasawi and Waleed bin
00:13:23.540
Atash. The three men accused of orchestrating the 2001 attacks that killed nearly 3,000 people.
00:13:30.360
They have been held at Guantanamo Bay since 2006. They were formally charged in 2008 but have yet
00:13:36.840
to stand trial. In 2024, military prosecutors reached plea agreements that would have allowed
00:13:43.040
the men to avoid execution in exchange for pleading guilty and spending the rest of their
00:13:47.880
lives in prison. Those deals dividing families of September 11th victims, some demanding a trial,
00:13:55.760
others supporting the agreements as a way to finally bring this case to a close.
00:14:00.340
Just days after the agreements were announced, then-Secretary of Defense Lloyd Austin intervened
00:14:05.380
to cancel them, arguing that a decision of such significance should rest with him.
00:14:10.660
A military judge initially blocked Austin's decision, a ruling later upheld by a military
00:14:15.640
appeals court. However, a federal appeals court overturning those rulings last year,
00:14:20.960
finding Secretary Austin had the legal authority to cancel the plea deals.
00:14:25.440
The defendants then appealing to the U.S. Supreme Court, arguing that the case was
00:14:29.560
too important for the justices to ignore. The Trump administration urging the high court to
00:14:34.800
reject this request, maintaining the appeals court had correctly upheld Austin's authority.
00:14:41.000
Yesterday's decision leaves the ruling favoring Austin's authority in place,
00:14:45.780
allowing prosecutors to continue seeking the death penalty. The justices offering no explanation for
00:14:51.380
their decision. Justice Brett Kavanaugh did not participate in it, although the court did not
00:14:56.200
explain his absence. Justice Kavanaugh previously working on legal and policy matters related to
00:15:02.000
9-11 while serving in the George W. Bush White House. He also served as a judge on cases involving
00:15:08.020
Gitmo detainees when he was a member of the D.C. Circuit Court of Appeals.
00:15:12.560
The military court is now preparing for a trial scheduled to begin June 5, 2028.
00:15:19.900
Elon Musk pledging to give every child in America a single share of his SpaceX company,
00:15:25.420
a massive stock giveaway potentially worth nearly $11 billion.
00:15:29.280
dollars. The world's richest man announcing the plan on X Monday, writing that he intends to
00:15:35.140
distribute the shares next year, adding it will be the first of many such gifts. The announcement
00:15:40.760
follows a separate pledge Sunday by artificial intelligence company Anthropic, which committed
00:15:45.900
5% of its shares to a new fund intended to benefit the public. Musk responding to that announcement
00:15:53.340
by urging the company to distribute shares directly to ordinary Americans before revealing
00:15:58.880
his own plans to do just that. There are roughly 72 million children under the age of 18 in the
00:16:05.160
U.S., according to the U.S. Census Bureau. At approximately $150 per SpaceX share,
00:16:11.940
Musk's proposed giveaway would be worth nearly $11 billion. Musk later confirming on X the
00:16:17.820
shares will be distributed through President Trump's new investment accounts for children,
00:16:22.280
known as Trump accounts. The tax-advantaged accounts are available to American children
00:16:27.120
under 18 with a valid Social Security number, allowing families and private donors to invest
00:16:32.800
on their behalf. Musk joins some of America's wealthiest families in making multibillion-dollar
00:16:38.560
commitments to the program. Last December, Dell Technologies founder Michael Dell and his wife
00:16:43.860
Susan pledging $6.25 billion, providing $250 apiece to 25 million eligible American children
00:16:52.580
through the Trump Accounts program. SpaceX President Gwen Shotwell and her husband
00:16:58.140
also pledging to contribute one share of SpaceX stock to the Trump Accounts of more than 2 million
00:17:03.460
children, focusing on lower-income communities. Last month, the Treasury Department expanding
00:17:09.540
the program to allow qualifying donations of individual company shares, generally requiring
00:17:14.620
those stocks to be held for up to five years. President Trump posting to Truth Social yesterday
00:17:20.420
quote, a big thank you to our legendary friend Elon Musk for his incredible generosity in giving
00:17:26.460
SpaceX stock to millions of American children through Trump accounts. This is exactly what
00:17:31.960
was envisioned when we created Trump accounts, bringing together the great private sector,
00:17:36.540
Elon, and so many more to invest in our children, by far our greatest and most important asset,
00:17:42.320
and give every American child a piece of the American dream.
00:17:45.740
and that'll do it for your am update i'm megan kelly join me back here for the mk show
00:17:52.560
live on sirius xm is the megan kelly channel 111 at noon east on youtube.com
00:17:57.420
slash megan kelly and on all podcast platforms
00:18:00.200
in communities across canada hourly amazon employees earn an average of over 26 an hour
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employees also have the opportunity to grow their skills and their paycheck by enrolling
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in free skills training programs for in-demand fields like software development and information
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technology learn more at about amazon.ca
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