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
Mentioned
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 Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
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00:00:30.000 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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00:02:43.480 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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00:03:55.760 Give it a try by using code MEGANKELLY or click the link in the description. New users get 25
00:04:01.340 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.
00:06:28.540 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
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00:13:01.260 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
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