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The Megyn Kelly Show

GOP Keeps House Seats, Tariff Day Announcement, Feds Seek Death Penalty for Luigi: AM Update 4/2

Wed, 2 Apr 2025

Description

Two deep-red House districts in Florida stay in Republican hands despite massive Democratic fundraising. Control of Wisconsin’s state Supreme Court hangs in the balance, with early results trickling in. President Trump set to unveil a sweeping new tariff policy in a Rose Garden speech. House Republicans move to limit the power of individual federal judges to issue nationwide injunctions. The Trump administration launches federal funding reviews into Harvard and freezes grants to Princeton amid claims both universities failed to comply with civil rights laws on antisemitism. Federal prosecutors will seek the death penalty for Luigi Mangione, accused of assassinating UnitedHealthcare’s CEO and inspiring a bizarre cult following online.Patriot Mobile: Get a Free Month at https://PatriotMobile.com/MEGYN or call 972-PATRIOTAngel Studios: Become an Angel Guild member today and get 2 free tickets to The King of Kings movie when you become a premium member. Visit https://angel.com/MEGYN

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Transcription

Chapter 1: What are the results of the Florida House races?

3.001 - 12.949 Megyn Kelly

Good morning, everyone. I'm Megyn Kelly. It's Wednesday, April 2nd, 2025, and this is your AM Update. Results are in from critical House races in Florida.

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13.63 - 18.814 Donald Trump

We're going to be much nicer than they were to us, but it's substantial money for the country nevertheless.

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Chapter 2: What is President Trump's new tariff policy?

19.274 - 24.598 Megyn Kelly

President Trump set to unveil the administration's tariff strategy in a Rose Garden speech this afternoon.

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25.019 - 36.587 Legal Analyst

Every decision made by a judge on behalf of a plaintiff would still go forward. but it would go forward only as to the plaintiff in front of him and not a nation as a whole.

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Chapter 3: Why are federal prosecutors seeking the death penalty for Luigi Mangione?

36.927 - 74.911 Megyn Kelly

The House advances legislation to rein in universal injunctions, and Attorney General Pam Bondi says federal prosecutors will seek the death penalty in the case against Luigi Mangione. All that and more coming up in just a moment on your AM Update. Thank you so much for having me. You might think switching to Patriot Mobile is painful, but it isn't.

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75.472 - 99.73 Megyn Kelly

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100.211 - 120.616 Megyn Kelly

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126.547 - 145.142 Megyn Kelly

Two special elections in Florida to fill seats vacated by Republican congressmen remaining decisively in GOP control. Decision Desk HQ projecting a 14-point win for Republican Randy Fine over Democrat Josh Wheal in the 6th district. That's the seat vacated by National Security Advisor Mike Waltz.

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145.763 - 168.885 Megyn Kelly

In the 1st district, Decision Desk HQ projecting a 15-point margin of victory for Republican Jimmy Petronas over Democrat Amy Vallemont. This is for the seat vacated by Congressman Matt Gaetz. Both races drawing a massive influx of Democrat cash and national attention as Democrats seek to expose discontent with the Trump administration in deep red districts.

169.546 - 192.045 Megyn Kelly

In the first district, Valmont raising $6.5 million. That's triple the $2.1 million. brought in by the Republican. And in the 6th District, Democrat Wheel raising a staggering $9 million compared to less than $1 million raised by Republican Fine. The outcome of these elections further solidifying the Republican majority in the House, now at 220 to 213.

Chapter 4: How did Wisconsin's state Supreme Court election impact the GOP?

194.227 - 217.81 Megyn Kelly

In Wisconsin, several news outlets, including Decision Desk HQ and others, projecting a Democrat victory in the Wisconsin state Supreme Court race. Democrat Susan Crawford defeating GOP rival Brad Schimel in a hard-fought race that brought national attention and money. Millions poured in from George Soros for the Dems and Elon Musk, among others, for Mr. Schimel.

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218.391 - 239.987 Megyn Kelly

The GOP loss means the state Supreme Court there is now poised to throw out the current GOP-drawn congressional map, which would cost Republicans two seats in the U.S. House of Representatives. Mr. Musk campaigned personally in Wisconsin for Mr. Schimel, but was demonized by Democrats who ran ads making Elon sound like their opponent.

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240.697 - 263.729 Megyn Kelly

Mr. Trump won in Wisconsin in November, but Republicans in swing states have had less luck winning without Trump on the ballot. President Trump announcing Liberation Day for America in a Rose Garden speech this afternoon. After weeks of buildup, Mr. Trump unveiling a new tariff policy aimed at reigniting U.S.

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263.789 - 276.116 Megyn Kelly

manufacturing and reinvigorating the middle class, sparking a new golden age for America. Some economic experts remain skeptical, warning of potential market volatility and inflationary reactions.

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Chapter 5: What are the economic implications of Trump's tariff strategy?

276.776 - 287.045 Financial Analyst

Wall Street saw substantial losses on Friday, and that drop was driven by worse than expected inflation data and existing anxiety over these pending tariffs.

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287.346 - 291.81 Commentator

Stocks slide as the world waits for President Trump to unveil more tariffs on Wednesday.

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292.15 - 297.953 Economic Analyst

We had Goldman Sachs come out with their expectations for a recession. They've raised it from 20%. Now they see it at 35%.

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Chapter 6: How are industries reacting to the new tariffs?

298.393 - 322.784 Megyn Kelly

In the first Trump administration, the tax foundation estimating Mr. Trump imposed tariffs on approximately $380 billion worth of imports, with a significant portion of those targeting China. Democrats criticized the move, but then kept those tariffs in place when Joe Biden took over, later even increasing some of them on electric vehicles, solar parts, and steel.

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323.585 - 338.471 Megyn Kelly

President Trump's first-term strategy focused primarily on China, but the second time around he is pursuing a broader, more ambitious trade agenda, reshaping global commerce. Deputy Chief of Staff Stephen Miller on Monday outlining the core philosophy on Fox.

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339.171 - 360.125 Stephen Miller

Number one, you can't steal our jobs. Number two, if you want to get preferential treatment, you have to put your factory inside the United States. Your auto plant, your manufacturing facility, your AI plant, your chip plant, whatever it is. You want to sell it to Americans on a preferential basis, then you have to make it here.

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360.165 - 368.551 Stephen Miller

And if you do, you'll get low taxes, low regulations, and cheap energy. But if you sell it to us from overseas, then yes, you will pay a tariff.

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369.091 - 379.277 Megyn Kelly

Reaction from business owners varying sharply across industries. One Alabama textile business owner applauding the move, saying it levels the playing field after decades of unfair trade.

379.837 - 392.405 Alabama Textile Business Owner

If you look at the rates that it would cost us to send our product to China, India, it's astronomical. So the reciprocal thing, I think it could help. I think it could supercharge our industry.

392.745 - 398.547 Megyn Kelly

Others, particularly those dealing with auto parts, expressing concern. Here's a mechanic from Michigan.

399.147 - 421.518 Mechanic from Michigan

You can only pass so much on to a customer. As a mechanic, our labor rates are a little bit high because cars are more complicated to work on, to diagnose. So we try to help a customer by getting parts at a discount. Now with these 25% going up, it's not much we can help. And we're scared that customers will put off their repairs.

421.998 - 425.581 Mechanic from Michigan

Hopefully not too long, but we just don't know what's going to happen.

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