Trump Nears Major Ukraine Deal, NYC Migrant Center Closes, Joy Reid Signs Off: AM Update for 2⧸25
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Summary
The agreement s being worked on now. They re very close to a final deal. Despite some tension between Presidents Trump and Zelensky, the US and Ukraine are close to signing an agreement. As the U.S. prepares to make a significant financial investment into Ukraine, European leaders step up to provide security assurances. New York City Mayor Eric Adams announces the closure of a four-star hotel that was used as a command center to receive thousands of migrants under the Biden administration. And a major shakeup at MSNBC leaves viewers without any joy. All that and more coming up on Your AM Update.
Transcript
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Good morning, everyone. I'm Megan Kelly. It's Tuesday, February 25th, 2025, and this is your
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AM update. The agreement's being worked on now. They're very close to a final deal.
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Despite some tension between Presidents Trump and Zelensky, the U.S. and Ukraine are close
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to signing an agreement. As the U.S. prepares to make a significant financial investment
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into Ukraine, European leaders step up to provide security assurances.
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We're able to announce the closure of this site. We're closing 53 sites within the span
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of a year. New York City Mayor Eric Adams announces the closure of the four-star hotel that was used
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as a command center to receive thousands of migrants under the Biden administration.
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And a major shakeup at MSNBC leaves viewers without any joy. All that and more coming up on your AM
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Despite many public barbs and expressions of discontent, the U.S. and Ukraine are reportedly
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within inches of signing a deal that would forge an extended economic partnership. The latest details
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confirmed to Axios by Ukrainian officials call for a reconstruction investment fund. The U.S. and
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Ukraine will be co-managers. The Ukrainians will contribute $500 billion to the fund, double what the U.S.
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will put in, expected to take the form of minerals. This appears to be a compromise from President
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Trump's initial position that Ukraine would have to pay the U.S. back for its support over the last
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three years. The draft of the agreement reads, quote, the government of the United States of
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America intends to provide a long-term financial commitment to the development of a stable and
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economically prosperous Ukraine. The fund will invest in projects in Ukraine, which they hope will lure
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other investors into Ukraine, along with new development prospects. Further details from
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the agreement stipulate some direct repayment to the U.S. for its aid, though the exact terms remain
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unclear. President Trump commented on the agreement from the Oval Office yesterday while hosting French
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I will be meeting with President Zelensky. In fact, he may come in this week or next week to sign the
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agreement, which would be nice. I'd love to meet him. We'd meet at the Oval Office. So the agreement's
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being worked on now. They're very close to a final deal. It'll be a deal with rare earths and various other
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things. And he would like to come, as I understand it, here to sign it. And that would be great with me.
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I think they'd then have to get it approved by their counsel or whoever might approve it. But
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President Trump stating the war could end within weeks, quote, if they are smart.
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Terms of the deal do not include any type of U.S. military commitment in Ukraine. It is purely an
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economic proposition backed by the idea that an area of strong financial interest for America will not
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be an easy target for the wandering eye of Russian President Vladimir Putin. Since taking office,
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President Trump repeatedly stated his expectation is for European leaders to take more of a lead
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in protecting Europe. French President Emmanuel Macron has been a leader in rallying European
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leaders to contribute more, holding two emergency sessions to coordinate Europe's response.
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Mr. Macron spoke about those efforts yesterday at the White House via a translator.
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And we've also been able to speak about some of this work with our British partners to talk about
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deployments of peace forces on Ukrainian soil, which are part of these security guarantees. Other
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countries are ready to join in this effort. We have the same wish, the renewal of an international
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situation where we are all able to shoulder our responsibilities, Europeans shouldering their
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responsibilities alongside their American allies who will shoulder their own responsibilities.
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Europeans need to do more for security in Europe, for defense in Europe, and to more fairly share the
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security burden that your country's been carrying for so many years. Earlier in the day, President Trump
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was asked if President Putin will accept European troops in Ukraine as peacekeepers. The president
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responded from the Oval. Yeah, he will accept that. I've asked him that question. You talk to me?
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I've asked him that question. Look, if we do this deal, he's not looking for more worry, doesn't mind,
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but I've specifically asked him that question. He has no problem with it. President Trump says at some
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point he will meet with Mr. Putin. Over the weekend, Russia's deputy foreign minister, Sergei Ryabkov,
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telling Russian state media the groundwork for the summit is underway and topics will include wider talks on
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global issues, not just the war in Ukraine. British Prime Minister Keir Starmer is scheduled to visit the
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White House on Thursday for further discussions on European participation in Ukraine's security.
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Meanwhile, in Germany, the potential next chancellor is telling his European counterparts the U.S. cannot be
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relied on. Friedrich Mertz hot off his Sunday election win, criticizing the Trump administration's approach to
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negotiations with Russia, saying the attempt to make a deal with Russia on Ukraine, in his view,
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without the Europeans or Ukraine, is unacceptable. Mr. Mertz saying if they, quote, do not just make
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America first, but America alone their motto, then it will be difficult. He followed up on that comment
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with optimism that he will succeed in maintaining the transatlantic partnership. But before Mr. Mertz can
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shape Germany's foreign policy, he has to secure his own path to power at home. Germany's parliamentary
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system means parties have to form coalitions. Mertz's center-right coalition secured just 29 percent of
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the seats. In second place, the AFD, the Alternative for Germany party, they won about 21 percent of the
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seats. The conservative government voted for by about half of the German population will likely not come to
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fruition, however. Historian Victor Davis Hanson explained further on The Megyn Kelly Show yesterday.
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Constructive criticism, it says we want you to live up to your Western obligations to ensure free speech,
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and it's going to make it much worse because if you took the AFD's vote and Mertz's vote, it's about
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50, 51 percent of the people, and they should have a conservative government. Yes. But he's going to reach out
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to the Green Party and the Social Democrats, and there's not going to be a conservative
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voice in Germany, and that's going to make people even angrier after they feel they voted for a conservative
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majority. Coming up, New York City Mayor Eric Adams says the Roosevelt Hotel converted migrant processing
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facility is closing. And a big shakeup at MSNBC leaves viewers joyless.
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New York City Mayor Eric Adams announcing the closure of the Roosevelt Hotel,
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used as a processing center and migrant shelter since 2023.
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Our administration has skillfully managed this crisis, which has seen over 232,000 migrants
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into our city asking for shelter, and the Roosevelt Hotel has been key in allowing us to effectively
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manage our operation, processing almost 75% of individuals that have come into our care
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through these doors. Now, thanks to the sound policy decisions of our team, we're able to announce
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the closure of this site and help even more asylum seekers take the next steps in their journeys
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while simultaneously saving taxpayers millions of dollars. With this closure, we're closing 53 sites
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A flashpoint of the immigration debate, the four-star accommodation rented out by taxpayers under a
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$220 million contract providing lodging for thousands of migrants brought in under the Biden
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administration. The city quickly began to collapse amid the influx of migrants bust to the city by Texas
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Governor Greg Abbott. The 4,000 migrants arriving per week in New York at that time, just a tiny fraction
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of the onslaught Texas was dealing with along the southern border. In December, Mayor Adams' office
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reported that the arrivals had fallen to just 800. New York City is a sanctuary city with a right to
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housing, meaning the city was barred from cooperating with ICE officials, and they were required to provide
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shelter for all new arrivals. The Roosevelt Hotel and other shelters will officially close by June of this
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year. With the arrival of the Trump administration, Mayor Adams promised to increase cooperation,
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between city and federal officials. Critics of the mayor say this closure is the product of
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a quid pro quo deal. Mayor Adams was facing corruption charges brought under the Biden
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administration. They were dropped by the Trump DOJ. Mayor Adams denies the allegations. He began
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publicly speaking out about the immigration crisis in the summer of 2023, saying, quote,
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our cup has basically runneth over. We have no more room in the city. Documents obtained by CBS suggest
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the Trump administration is preparing to implement Title 42, the order used during COVID to expel
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incoming migrants on the grounds of health concerns without entertaining any asylum claims.
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Title 42 was first implemented under Trump 1.0. The Biden administration kept it in place until 2023.
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CBS reporting the CDC is planning to issue an order labeling the illegal immigrants as a public health
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risk. In May 2024, a measles outbreak in Chicago was traced back to a migrant shelter.
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Joy Reid out of a job as MSNBC's new president makes major programming changes. Reid is the highest
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profile star of the network to get the axe, though others are now going to. In December, Reid was
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reportedly required to take a pay cut from her alleged $3 million salary in order to hold on to her chair.
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Never a good sign. The network plans to fill the time slot with a panel show hosted by Simone
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Sanders-Townson, who previously worked as a senior advisor to Kamala Harris, Michael Steele,
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Never Trumper, who at one point headed the RNC, and left-wing journalist Alicia Menendez,
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the daughter of former Democratic Senator Bob Menendez. The final episode of The Readout aired last night.
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The Readout worked because everybody from the interns on up put their whole heart into it. Much love to
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everybody, everybody who made The Readout great. Shout out to our amazing readers, our audience. I
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just love running into y'all in the airport, on these streets, and on social media. I could not
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love or appreciate you more. Thank you, thank you, thank you for holding us down. Almost five years,
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we are a toddler, and we out in these streets, in this world, and we are not going to stop.
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Those four viewers are really going to miss her. Alex Wagner, host of the 9 p.m. slot four days per
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week, is getting a demotion to correspondent. Former Biden White House press secretary Jen Psaki will
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take over that time slot after the conclusion of the first hundred days of the Trump administration.
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That's when Rachel Maddow goes back to work hosting just one day a week while still earning her
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$30 million paycheck, reportedly. Earning? Hmm. That'll do it for your AM update. I'm Megan Kelly.
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Join me back here for The Megan Kelly Show later today, live on SiriusXM Triumph Channel 111 at
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noon east, on youtube.com slash megankelly, and on all podcast platforms.
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