Trump vs. Zelensky Oval Office Fight Fallout, Musk Reveals All, Cuomo for Mayor?: AM Update for 3⧸3
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Summary
The fallout from a shocking Oval Office meeting between Ukrainian President Volodymyr Zelensky and President Trump. Elon Musk pulls back the curtain on the inner workings of the Trump administration in a lengthy conversation on Joe Rogan s podcast, and disgraced former Governor Andrew Cuomo makes it official he s running for New York City mayor.
Transcript
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Good morning, everyone. I'm Megan Kelly. It's Monday, March 3rd, 2025, and this is your AM
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Update. I think it's disrespectful for you to come into the Oval Office and try to litigate
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this in front of the American media. The fallout from a shocking Oval Office meeting between
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Ukrainian President Volodymyr Zelensky and President Trump, which torpedoed the financial
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agreement set to be signed Friday. What part did the Democrats play in swaying Mr. Zelensky,
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and will European leaders be able to salvage the deal? It may be like a special computer that
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only a handful of people can access. But then if none of those people tell Cash where the computer
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is, how's he going to find it? Elon Musk pulls back the curtain on the inner workings of the
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Trump administration in a lengthy conversation on Joe Rogan's podcast. And disgraced former
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Governor Andrew Cuomo makes it official. He's running for New York City mayor. All that and
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more coming up in just a moment on your AM Update. The IRS is the largest collection agency in the
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first. European leaders scrambled to repair the Ukrainian peace deal in the wake of a disastrous
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Oval Office meeting between President Trump and President Zelensky. Friday's 49-minute meeting began
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on a positive note. Mr. Trump praising the Ukrainians for surviving against the Russians,
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despite all odds. Your soldiers have been unbelievably brave. We've given them great
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equipment, but somebody has to use the equipment. They've been unbelievably brave. This was supposed
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to be over very quickly, and here we are three years later. So I give tremendous credit to your
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generals and your soldiers and yourself. Mr. Zelensky then taking the opportunity to plead his case
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in front of the American press. Can President Trump, I hope yes, with some other allies, to stop
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Putin, withdraw these enemies, our enemies, withdraw these troops from our land? We will never
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accept just ceasefire. It will not work without security guarantees. Security guarantees,
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maybe the president is right about this document and other, but this document is not enough.
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Mr. Trump repeatedly attempted to bring the focus of the conversation back to peace talks.
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Vice President J.D. Vance chiming in with a point about diplomacy, how the U.S. is changing course from
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isolating the Russians to engaging with them. The meeting seemed to hit a significant turning point
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when Mr. Zelensky, who had been sighing and shaking his head repeatedly, addressed the vice president with
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this. What kind of diplomacy, J.D., you are speaking about? What do you mean? I'm talking about the kind
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of diplomacy that's going to end the destruction of your country. Mr. President, with respect, I think
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it's disrespectful for you to come into the Oval Office and try to litigate this in front of the
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American media. All bets were off. Mr. Trump and Mr. Vance fired back at the Ukrainian leader,
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informing him of the stark reality of his position. Mr. Trump saying, you don't have any cards and
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you're gambling with World War III. Shortly after the cameras exited the room, the Ukrainian
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delegation exited the building with a message from Team Trump. Come back when you're ready for
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peace. Democrats roundly criticizing President Trump for the outcome. The Sunday shows full of
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Dems laying blame for the collapse of the deal on President Trump. The only winner in that exchange
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is Putin. Millions of Americans are embarrassed or ashamed that you have a president of the United
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States who says that Ukraine started the war. It is absolutely shameful what is happening right
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now. The White House has become an arm of the Kremlin. And the entire pretext for that meeting
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yesterday was an attempt to rewrite history in order to sign a deal with Putin that hands Putin Ukraine.
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That last voice was Connecticut Senator Chris Murphy, a Democrat. And here's some crucial context.
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Prior to President Zelensky's meeting at the White House, he met with a bipartisan group of senators,
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including Mr. Murphy. The New York Post reporting Democratic senators advised Mr. Zelensky
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not to take the deal. Posting on X, Senator Murphy writing, quote,
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just finished a meeting with President Zelensky here in Washington. He confirmed that the Ukrainian
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people will not support a fake peace agreement where Putin gets everything he wants and there are no
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security arrangements for Ukraine. Secretary of State Marco Rubio joining ABC this week,
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countering Democrat criticism, saying talks of security guarantees with the Russians are premature.
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Ultimately, like any truce, like any peace agreement anywhere in the world, those things will have to be
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enforced. They'll have to be enduring. They'll have to be safeguards put in place. Everybody understands
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that. But it begins with the first step, and that is engaging them to see if it's even possible.
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Right now, there is no negotiation. Shouldn't we at least try to see if there is a way to end this
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war in a way that's acceptable to both sides and is enduring and sustainable?
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Journalist Mark Halperin teaming up with the pollster WIC, asking a group of 1,000 Americans who
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watched the exchange if they side more with the Trump administration's approach to diplomacy or
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Mr. Zelensky's. 49 percent say the Trump team has it right, just 37 percent siding with Mr.
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Zelensky. Immediately following the meeting, international leaders taking to social media
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in support of the Ukrainian president. Canadian Prime Minister Justin Trudeau writing on X,
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Canada will continue to stand with Ukraine. The EU's top diplomat, Kaja Kalyas, writing on X,
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Ukraine is Europe. We stand by Ukraine. Behind the scenes, European leaders work to convince Mr.
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Zelensky to return to the table and sign the economic agreement. The United Kingdom's ambassador to the
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U.S., Lord Peter Mandelson, appearing on ABC this week. We need a very radical reset and the reset has
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to consist of the United States and Ukraine getting back on the same page and President Zelensky giving
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his unequivocal backing to the initiative that President Trump is taking to end the war and to
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bring a just and lasting peace to Ukraine. President Zelensky arrived in the U.K. on Saturday,
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convening with European and Canadian leaders on next steps for his country. Mr. Zelensky writing on
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Telegram, quote, we are all working together in Europe in order to find a basis for cooperation
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with America for a true peace and guaranteed security. The U.K. and France attempting to repair
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the damage by preparing a peace deal to present to the United States. U.K. Prime Minister Keir Starmer
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announcing plans for European security guarantees yesterday. We will go further to develop a
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coalition of the willing to defend a deal in Ukraine and to guarantee the peace. The U.K. is prepared to
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back this with boots on the ground and planes in the air. Together with others, Europe must do the heavy
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listing. But to support peace in our continent and to succeed, this effort must have strong U.S.
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backing. It is unclear yet if President Zelensky can be swayed to accept European security guarantees
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without U.S. security guarantees as well, which Mr. Trump has maintained will be in the form of
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economic investment only. And now even that's unclear. Treasury Secretary Scott Besant told CBS Mr.
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Zelensky's actions in the Oval threw off the intended sequence of events. First, the economic deal with
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Ukraine, then a peace deal with Russia. Is the deal still on the table or has President Trump
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instructed you to drop the project? Margaret, it is impossible to have an economic deal without a
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peace deal. The sine qua non for an economic deal is that Ukrainian leadership wants a peace deal.
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Sin qua non, Latin for the essential component. The Trump administration is not convinced at the
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moment that Mr. Zelensky actually wants peace. And without that, they cannot do business. Mr.
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Besant telling CBS at the moment there is no economic deal on the table. Mr. Zelensky told the BBC now he
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would like to do the minerals deal. But Mr. Trump has not agreed to put it back on the table after what
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happened on Friday. Coming up, Elon Musk pulls back the curtain on Doge findings and disgraced New
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York Governor Andrew Cuomo makes his New York City mayoral campaign official.
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Elon Musk joining Joe Rogan over the weekend for a three-hour conversation, diving into Mr. Musk's
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work at the White House. The official Doge website touts $65 billion in savings via canceled contracts,
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fraud detection, regulatory savings, and more. Recently, the Trump administration announced the
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cancellation of 90% of USAID's contracts. These contracts are typically with NGOs, non-governmental
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organizations that receive the money in the form of grants. President Trump recently highlighting what
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some of these organizations were up to. $19 million for biodiversity conservation in Nepal. $1.5
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million for voter confidence. We want to give them confidence in Liberia. $14 million for social
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cohesion in Mali. $2.5 million for inclusive democracies in South Africa.
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Elon Musk calls the system a scam, quote, maybe the biggest scam ever.
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Small decisions result in multi-billion dollar outcomes. So we saw one person was getting $1.9
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billion sent to their NGO, which basically got formed about a year ago and had no prior,
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really no prior activity. Basically, the government-funded NGOs are a way to do things
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that would be illegal if they were the government, but are somehow made legal if it's sent to a so-called
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non-profit. The Trump administration's cuts to USAID total about $60 billion. Elon Musk providing
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clarity to doge discoveries on social security fraud. We found just with a basic search of the
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social security database that there were 20 million dead people marked as alive. What it looks like is
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that most of the fraud is not coming from social security payments directly, but because they're
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marked as alive in the social security database that they can then get disability, unemployment,
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sort of fake medical payments and other things. Mr. Musk describes the government payment systems as
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a whole series of big, dumb machines, saying the system is ripe for exploiting because across the
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government, these systems don't talk to each other, making fraud easy. It's mostly not corruption.
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It's mostly just waste and, and, uh, I don't know, uh, incompetence. By the way, a bunch of the
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things that, that Doge is, is fixing were identified by the government accountability office many years
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ago. So we're like doing tech support, we're like fixing stuff that is, you know, just broken.
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The GAO or Government Accountability Office estimates the feds lose between 233 billion and 521 billion
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annually to fraud. Elon Musk, a U.S. citizen since 2002 and longtime Democrat supporter,
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explaining how the Democrat policy of open borders pushed him into the Trump camp.
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They're importing voters. And, uh, and it's really just a matter of time. It is an attempt to destroy
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democracy in America. If you take the, the, the sort of seven swing states, like often the margin of
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victory there is like maybe 20,000 votes. If you put 200,000, um, illegals in there and they have
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like a 80% likelihood of voting down. Uh, and it's only a matter of time before they become citizens.
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Then those swing states will not be swing states in the future. And if they are not swing states,
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we'll be a permanent one-party state country. Permanent, uh, deep blue socialist state.
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Elon Musk weighing in on the Epstein files flop late last week. Originally, Attorney General Pam
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Bondi promised to release all of the Epstein files, ultimately though, only posting documents that were
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largely previously known to the public. Mr. Musk defending the disappointing drop saying AG Bondi
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and Kash Patel of the FBI just arrived in office and are captains to a ship with a crew that hates
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them. AG Bondi revealed last week, a whistleblower report indicating thousands of pages of Epstein files
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may be hidden in a New York field office. Mr. Musk describing why retrieving the files may not be so
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cut and dry. They're not going to enable it such that anyone at the FBI could access it. So there's
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probably very few people. So there's not going to be, it's, it may be like a special computer that
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only a handful of people can access. But then if none of those people tell Kash where the computer
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is, how's he going to find it? AG Bondi set the deadline to return all of the files at 8am this past
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Friday. There has been no indication any of the documents were actually received by her office.
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Disgraced former New York Governor Andrew Cuomo announces he is running for New York City mayor
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in a 17 and a half minute video. We know that the first step towards solving a problem
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is having the strength, having the courage to recognize it. And we know that today our New York
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City is in trouble. The former governor describing a relatively moderate platform, increasing cops,
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getting mentally ill homeless people off the streets, and not-tolerant pro-Hamas protests
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that harass and intimidate the Jewish community. Of course, when he was in office, he governed as a
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leftist, banning fracking, stopping nuclear power, and going soft on crime. Mr. Cuomo also acknowledging
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his past scandals. Did I always do everything right in my years of government service,
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of course not. Would I do some things differently, knowing what I know now? Certainly. Did I make
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mistakes, some painfully? Definitely. And I believe I learned from them, and that I am a better person
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for it. Mr. Cuomo resigned from the governorship in August 2021 following a report from New York
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Attorney General Letitia James stating Mr. Cuomo sexually harassed 11 women and created a hostile
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work environment as governor. A.G. James writing, quote,
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The executive chamber's culture, one filled with fear and intimidation, while at the same time
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normalizing the governor's frequent flirtations and gender-based comments, contributed to the
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conditions that allowed the sexual harassment to occur and persist. Democrat establishment quickly
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revoked support from Mr. Cuomo. House Speaker Nancy Pelosi at the time called for him to step down,
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as well as New York Senator Chuck Schumer. As he fell from power, Mr. Cuomo blamed his Italian heritage
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and claimed he didn't realize the extent to which the line, as in the line for what kind of conduct
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is appropriate at work, had been redrawn over time. Early on in the pandemic, Mr. Cuomo was lauded by
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the media for his handling of the COVID crisis, even winning an Emmy for his daily briefings. That Emmy
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was ultimately stripped amid his sexual harassment allegations, his approval rating so high, many
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wondered if he would eventually run for president. Ultimately, that approval also collapsed. Mr. Cuomo's
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biggest scandal was his March 2020 order forcing nursing homes to accept COVID-positive patients, which he was
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warned would cost lives. It created a political firestorm when it was discovered that his office then
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underreported nursing home deaths by as much as 50 percent. More than 8,000 nursing home patients
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in New York died of COVID. The mayoral primary is in June. Mr. Cuomo will be running against current
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mayor Eric Adams and several other lower profile candidates. And that'll do it for your AM update.
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I'm Megan Kelly. Join me back here today for The Megan Kelly Show, live on SiriusX at Triumph Channel 111
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on YouTube.com slash Megan Kelly and on all podcast platforms.