
President Trump launches the new Board of Peace, framing it as a global coalition to end wars and promote stability. Speaking in Georgia, President Trump highlights tariffs, manufacturing growth, and voter ID as central themes in his economic and political message ahead of the midterms. Former Prince Andrew is released from UK custody after an 11-hour detention tied to newly surfaced Epstein documents, with the investigation still ongoing. U.S. forces build up in the Middle East as President Trump gives Iran roughly two weeks to reach a nuclear deal while weighing potential military action. Team USA defeats Canada in overtime to win Olympic gold, securing the women’s hockey team’s first title since 2018. Cozy Earth: Visit https://www.CozyEarth.com/MEGYN & Use code MEGYN for up to 20% off Done with Debt: https://www.DoneWithDebt.com & tell them Megyn Kelly sent you!
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Megyn Kelly
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Donald Trump
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Megyn Kelly
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Donald Trump
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Megyn Kelly
Learn about the real thing. Talk to your healthcare professional today. Call 1-833-OZEMPIC or visit ozempic.com to view the medication guide and to learn more about Ozempic. Semaglutide injection 0.5 milligram, 1 milligram and 2 milligrams O O Ozempic. Good morning everyone. I'm Megyn Kelly. It's Friday, February 20, 2026 and this is your AM update.
Donald Trump
The board of Peace is going to almost be looking over the United nations and making sure it runs properly.
Megyn Kelly
President Trump outlining an ambitious vision at the first meeting of the newly formed Board of Peace There was no business.
Donald Trump
There was no business anywhere. You finally have a president who put America first.
Megyn Kelly
The President, also speaking in the state of Georgia, highlight key economic wins as midterms ramp up. Former Prince Andrew released from UK custody after being arrested for allegedly sharing confidential British documents with Jeffrey Epstein. U.S. military forces amassing in the Middle east as President Trump warns Iran, the time to make a deal is right now. And Team USA Women's hockey defeats our evil top hat, winning the Olympic gold medal. All that and more coming up in just a moment on your AM Update. How are you showing a little extra love this February? It could be about creating cozy, comforting moments at home. And that's why I want to tell you about Cozy Earth. Their bamboo pajama set is a total sleep upgrade. It's lightweight and unbelievably soft and drapes beautifully. It actually sleeps cooler than cotton so I fall asleep super fast and stay comfortable all night long. Love their sleepwear. And for winding down on the couch, they have their classic cuddle blanket. It's richly plush with just the right comforting weight. Warm, indulgent and instantly relaxing. And what really sets Cozy Earth apart is how risk free it is. You get a 100 night sleep trial and a 10 year warranty so this level of comfort truly lasts. Share a little extra love this February and wrap yourself or someone you care about in comfort that truly feels special. Head to cozyearth.com, use my code Megan for up to 20% off your order. That's code Megan for up to 20% OFF. And if you get a post purchase survey, be sure to mention you heard about Cozy Earth right here. Celebrate every day love with comfort that makes the little moments count more President Trump hosting the inaugural gathering of the newly formed Board of Peace yesterday morning in Washington, D.C. the Trump administration proposing the Board of Peace last year to oversee the 20 point peace plan to end conflict between Israel and Gaza. Mr. Trump serving as chair of the board. Top Trump officials including Vice President J.D. vance, Secretary of State Marco Rubio, Special Envoy Steve Witkoff and Presidential son in law Jared Kushner named special peace envoy yesterday attending the event, also joining representatives from more than 40 countries, including heads of state and high ranking diplomats. President Trump in true businessman fashion, framing the board as a coalition of global leaders focused on ending wars, advancing stability and yes, saving dough.
Donald Trump
Border peace is one of the most
important and consequential things I think that I'll be involved in.
We've been involved in a lot, really. I've been involved in a lot with the people up here. We work together on ending wars with their country because there's nothing more important than peace and there's nothing less expensive than peace. You know, when you go to wars, it costs you 100 times what it costs to make peace. It's a team. I think it's the best team ever assembled and you see that by the results.
Megyn Kelly
Some key US Allies declining to join the board. France becoming the first to reject its invitation, citing concerns that the board's charter, quote, goes beyond the framework of Gaza and raises serious questions, in particular with respect to the principles and structure of the United nations, which cannot be called into question. Austria, Greece, New Zealand, Norway and the Vatican also among some of the nations rejecting the invite, citing similar concerns about the Board of Peace. The UN Security Council in November endorsing a narrowly tailored board tied specifically to governing Gaza during reconstruction. But in January, President Trump introducing a significantly expanded version, the official charter, making no mention of Gaza at all, instead outlining a broader mandate to, quote, promote stability, restore dependable and lawful governance and secure enduring peace in areas affected or threatened by conflict. In a less than subtle shot at the U.N. the board's charter notes that, quote, too many approaches to peace building foster perpetual dependency and institutionalize crisis, end quote, positing that a, quote, more nimble and effective end quote alternative is necessary. In yesterday's remarks, President Trump describing a close working relationship with the UN While also suggesting the board could play a role in strengthening how the UN Operates.
Donald Trump
We are very closely working with the United Nations. I think the United nations has great potential, really great potential. It has not lived up to potential. The eight wars, I never even spoke to them about one of them and I should be speaking to them about all of them. Someday I won't be here. The United nations will be, I think is going to be much stronger and the Board of Peace is going to almost be looking over the United nations and making sure it runs properly. But we're going to strengthen up the United Nations. We're going to make sure its facilities are good. They need help and they need help money wise. We're going to help them money wise. And we're going to make sure the United nations is viable. And you have some very good people at the United nations can do A good job.
Megyn Kelly
Mr. Trump announcing the United States will contribute $10 billion to the board. It's unclear where exactly that money will come from. A donation of this size would likely require approval from Congress. The president acknowledging each of the more than 40 delegates by name, including a very warm welcome for the president of Paraguay, Santiago Pena.
Donald Trump
President Pena of Paraguaguay is here. President President thank you very much. Young, handsome guy. It's always nice to be young and handsome. Doesn't mean we have to like you. I don't like young, handsome men. Women. I like men. Know how to have any interest.
Megyn Kelly
Vice President J.D. vance, following the president's remarks making the case for why Americans should support the
J.D. Vance
board I think it's important that the American people recognize why we're here today. Yes, to save lives and yes, to promote peace. But this creates incredible prosperity for the American people. The countries represented here represent trillions of dollars of investment in the United States of America that would not have been possible without this president's leadership and advocacy for peace. The economies here represent millions of American jobs of people who are receiving products built in American factories and made by American workers would not be possible without a focus on peace.
Megyn Kelly
A busy day for President Trump yesterday following his Board of peace appearance. Mr. Trump flying south to Rome, Georgia to deliver remarks on the economy at the CUSA Steel Corporation, an effort clearly aimed at shoring up support before the midterms. Next up, host Mark Halperin, part of the MK Media podcast network, reporting Wednesday on a recent strategy briefing presented by, quote, senior Trump political command. Dozens in attendance, including secretaries Scott Besant, Howard Lutnick, RFKJ Sean Duffy and senior aides. Halperin reporting. Pollster Tony Fabrizio informing attendees, quote, the economy will be the issue in the election. Fabrizio reportedly saying President Trump may not stick to message, but everyone else is expected to. Yesterday down in the Peach State, President Trump speaking for about an hour, largely sticking to economic themes. But of course, there were the detours. Mr. Trump on his administration's drive to return steel manufacturing back to the U.S.
Donald Trump
i'm looking at all this brand new steel and equipment that just went up because of our tariffs. Your jobs were being stolen as foreign nations dumped their subsidized products. Don't forget China. These other countries, they pay for it. It's all subsidized. And thanks to what I call the Trump tariffs, business at Coosa Steel is booming again. We just spoke. It's booming. And it's all because you finally have a president who put America first. That's what it is. Well, there was no business. There was no business anywhere. And I'll tell you, if I didn't win this election, and if you had a moron like Kamala or a moron like, like sleepy Joe Biden, if you had these people back, our country would have been finished. We wouldn't have had a country.
Megyn Kelly
Mr. Trump also calling on Congress to pass voter ID laws. The House passing the SAVE act earlier this month, requiring proof of citizenship to register to vote and mandating photo ID to vote in federal elections. That bill now goes to the Senate, where it faces an uphill battle, even getting a vote, which requires 60 senators, given the stiff Democrat opposition here.
Donald Trump
President Trump, The Democrats don't want to give us voter ID because they want to cheat. You know what they say? We don't want voter ID because it's racist. Okay, that's a good one. It's racist. I'll tell you what, when they look at the polls, 95% of the people want voter ID, then you have proof of citizenship. So we want voter id, we want proof of citizenship for you to vote. Let's prove that you're an American. I'll tell you what, Republicans have to win this one. We'll never lose a race for 50 years. We won't lose a race. We want voter ID. We want proof of citizenship, and we don't want mail in ballots except for the military far away, except for people that are ill, disabled, or people that are away even for a vacation. We'll be generous, okay?
Megyn Kelly
The president telling a story about flying to Iraq during the first administration. To better understand the fight against isis, offering this musing, I flew to Iraq.
Donald Trump
I was extremely brave. In fact, so brave, I wanted to give myself the Congressional Medal of Honor. I said to. I said to my people, am I allowed to give myself the Congressional Medal of Honor? And, you know, I've given out so many to guys that are seriously brave. I mean, they come in with the arms, are missing. Their legs are missing. The stories are so unbelievable. And I said, no, it's a little stretch if I gave myself one of them, but it's one of those things. Someday I'm going to try. I'm going to test the law and I'm going to say, let's give it a shot. Maybe I'll win in court after everyone sues me if the radical left lunatics sue me. Now watch the fake news. You know I'm having fun. The fake news will say Donald Trump wants to give himself the Congressional Medal of Honor.
Megyn Kelly
Coming up, former Prince Andrew now just Andrew Mountbatten Windsor released from UK custody following his historic arrest. The man looked terrified amid a massive buildup of US Military forces in the Middle East. President Trump weighs options about what to do with Iran and a dramatic, dramatic gold medal victory for Team USA Women's hockey. Yes, If you're stressed out about getting out of debt, it's go time. This is one of those moments where timing matters. And let me tell you about done with debt. 2025 was a record year for them. People who collectively had more than $102 million in debt turned to these guys for help. And right now may be the best time for you to negotiate a settlement. Done With Debt tracks credit card and loan company behavior. They are experienced at knowing who's negotiating and when and what it takes to get you the biggest reduction possible. Whether you are carrying 10,000 or 500,000 in debt, this may be the best chance you will get all year. So consider scheduling a free consultation. It only takes a few minutes. Imagine waking up without that weight on your shoulders and and doing it without taking out another loan or filing for bankruptcy. Done With Debt helps you through the debt relief process so you keep more of your paycheck every month. Go to donewithdebt.com right now, that's donewithdebt.com the UK's former Prince Andrew released from police custody last night following his arrest yesterday morning. British police detaining Mountbatten Windsor on suspicion of misconduct in public office tied to newly surfaced emails from the Epstein files indicating that Andrew appears to have shared confidential material with Epstein while serving as a British trade envoy in 2010 after Epstein's 2008 sex crimes conviction. After nearly 11 hours in custody, police releasing the eighth in line to the British throne quote, under investigation, meaning the case remains ongoing and he has neither been charged nor cleared, authorities adding the search of Windsor's current residence at the Royal Sandringham estate had concluded, but the search of a former home, also located on royal property, remained ongoing at the time of his release. Windsor photographed leasing Elsham police station Thursday night, looking wide eyed, stunned and downright shaken from his reclined seat in the back of a vehicle. The former prince's royal status reduced in 2022 due to his ties with Jeffrey Epstein and allegations of wrongdoing relating to Epstein victims. The late Queen Elizabeth stripping his military titles and patronages in 2025. King Charles removing all remaining honors, including the title of prince. King Charles and Queen Camilla continuing public appearances on Thursday, the king attending the opening of London Fashion Week. Both royals ignoring shouted questions from reporters across the pond. President Trump asked if he expects more arrests to come.
Donald Trump
Do you think people in this country
Megyn Kelly
at some point associates of Jeffrey Epstein
Donald Trump
will wind up in handcuffs, too? Well, you know, I'm the expert in a way because I've been totally exonerated. That's very nice. I can actually speak about it very nicely. I think it's a shame. I think it's very sad. I think it's so bad for the royal family. It's very, very sad. To me, it's a very sad thing when I see that. It's a very sad thing to see it and to see what's going on with his brother who's obviously coming to our country very soon. And he's fantastic man, the king. So I think it's a very sad thing.
Megyn Kelly
The former prince has previously denied any wrongdoing. The maximum penalty for misconduct in public office is life in prison, although there is zero chance of that happening here. President Trump weighing options on Iran as a major American military buildup unfolds in the Middle East. Earlier this week, US And Iranian negotiators meeting for the latest round of talks over an Iranian nuclear deal. Both sides saying progress has been made, but there is more work to be done. You know the drill. But this time the talk's occurring with 13 US Navy ships entering the region, including two aircraft carriers and nine destroyers. Dozens of fighter jets repositioning to bases surrounding Iran with more en route. The Wall Street Journal calling it the greatest amount of air power in the region since the 2003 invasion of Iraq. Oh boy. The Journal reporting President Trump is considering multiple options targeting the remnants of Iran's nuclear program, crippling its missile force or potentially toppling the mullahs. Why again, here's President Trump.
Donald Trump
I've always heard peace in the Middle east is impossible and it's turned out not to be. And we do have some work to do with Iran. They can't have a nuclear weapon. It's very simple. They can't have, you can't have peace in the Middle east if they have a nuclear weapon. And they can't have a nuclear weapon. And they've been told that very strongly. So now we may have to take it a step further or we may not. Maybe we're going to make a deal. You're going to be finding out over the next probably 10 days.
Megyn Kelly
Later on in the day, President Trump telling reporters Iran has a, quote, maximum of 15 days to make a deal. Move over Megyn Kelly. Make room for Megyn Keller, who scored the game winning goal against our Northern neighbor, the U.S. women's hockey team beating Canada to win Olympic gold in Milan, Canada, scoring first in the second period. And there it stood, seemingly forever. With just 2 minutes and 4 seconds left on the clock, Team USA pulled its goalie in a desperate move to find a shot. Team USA's veteran leader Hillary Knight then changing history, tying the game at one to one to a deafening roar of cheers in the arena. In sudden death overtime, the great Megyn Keller caught a length of the ice pass from Taylor Heiss reports Yahoo Sports then juked Canadian defender Claire Thompson to push the puck through the goalie's legs for Team USA's game winning goal. Thompson remained splayed defeated on the ice as Team USA rushed Keller, hugging and high fiving before an ecstatic audience. This marks the first gold medal hockey win for the women's team since 2018. Later, the women said to be the best women's hockey team America has ever had, lined up shoulder to shoulder singing the national anthem as the stars and stripes went up in the gold medal position. Go usa. And that'll do it for your AM update. I'm Megyn Kelly. Join me back here for the MK show live on Sirius XM's the Megyn Kelly channel 111 at noon east on YouTube.com megankelly and on all podcast platforms.
Meghna Chakrabarti
When news breaks at first it's everywhere, like a storm. But the coverage leaves you with so many unanswered questions. That's where we come in. I'm Meghna chakrabarti, host of OnPointe. We ask the questions that still need answers. We analyze the meaning behind the news and why it matters to your life. We equip you with the knowledge to face the next news storm on point, clarity, when it counts. Wherever you get your podcasts.
Podcast: The Megyn Kelly Show
Date: February 20, 2026
Host: Megyn Kelly (SiriusXM)
Episode Theme:
A rapid-fire AM news update focusing on President Trump’s launch of the Board of Peace, the release of former Prince Andrew following arrest, mounting tension with Iran, and Team USA Women's Hockey’s dramatic Olympic gold medal win.
This episode delivers Megyn Kelly’s signature brisk, no-nonsense take on the morning’s top news: Donald Trump’s international peace initiative, high-stakes legal drama involving UK royalty, shifting global military dynamics, and an uplifting Olympic victory. The episode prioritizes rapid analysis and direct quotations, aiming for clarity and urgency.
Inaugural Meeting Details
President Trump hosted the first-ever gathering of the Board of Peace in Washington, DC, to oversee a “20-point peace plan” to end the Israel-Gaza conflict — with Trump as chairman and key administration members, including J.D. Vance (VP), Marco Rubio (Secretary of State), and Jared Kushner (Special Peace Envoy), plus envoys from 40+ countries.
[03:29]
The board’s mission significantly expanded beyond Gaza, now charged with promoting “stability, lawful governance, and enduring peace in areas affected or threatened by conflict.”
[04:02]
Some major U.S. allies, led by France, rejected board invitations, arguing its charter “goes beyond the framework of Gaza and raises serious questions,” especially concerning its apparent supervision over the United Nations.
[04:02]
Trump’s approach is described as a blend of business-minded efficiency and anti-bureaucratic sentiment, with a not-so-subtle rebuke of standard UN peace processes.
[04:02]
Direct Quotes from Trump
Financial Commitment
Notable Moment: A “Classic Trump” Aside
Rationale for American Participation
Trump traveled to Rome, Georgia, to address economic themes at a steel plant—a clear campaign move focused on “America First” policies, specifically touting the resurgence of U.S. steel manufacturing due to his tariffs.
Emphasized opposition to potential Democratic administration, deriding Kamala Harris and Joe Biden (“if you had a moron like Kamala or... sleepy Joe Biden... our country would have been finished”). [08:39]
Voter ID Legislation
Memorable Self-Deprecating Moment
Legal Saga
Former Prince Andrew, now “Andrew Mountbatten Windsor,” released after 11 hours in UK police custody, under investigation for allegedly sharing confidential UK documents with Jeffrey Epstein (as revealed in the “Epstein files”). His status as a royal was previously stripped due to Epstein-related scandals. [13:31]
Megyn Kelly describes the scene: “[He was] looking wide eyed, stunned and downright shaken from his reclined seat in the back of a vehicle.” [13:31]
Wider Repercussions
Diplomatic Talks Amidst Show of Force
Trump’s Stance and Warning
“I've always heard peace in the Middle east is impossible and it's turned out not to be... They can’t have a nuclear weapon. ...Now we may have to take it a step further or we may not. Maybe we're going to make a deal. You’re going to be finding out over the next probably 10 days.” [16:34]
Later, Trump told press: Iran has a “maximum of 15 days to make a deal.” [17:01]
USA defeats Canada in dramatic fashion, with Megyn Keller scoring the game-winning goal in sudden death overtime.
“With just 2 minutes and 4 seconds left on the clock, Team USA pulled its goalie... Hillary Knight then changing history, tying the game at one to one... In sudden death overtime, the great Megyn Keller... pushed the puck through the goalie’s legs for Team USA’s game winning goal.” [17:01]
It’s the USA Women's Hockey team’s first Olympic gold since 2018.
“This marks the first gold medal hockey win for the women's team since 2018... lined up shoulder to shoulder singing the national anthem as the stars and stripes went up in the gold medal position. Go USA.” [17:01]
Donald Trump on Peace and the UN:
“There’s nothing more important than peace and there’s nothing less expensive than peace. ... I think it's the best team ever assembled and you see that by the results.”
— Donald Trump (03:34)
Trump on the US’s Role and the UN’s Future:
“The United nations has great potential, really great potential. It has not lived up to potential... Board of Peace is going to almost be looking over the United nations and making sure it runs properly.”
— Donald Trump (05:26)
Trump on Steel Industry Revival:
“Thanks to what I call the Trump tariffs, business at Coosa Steel is booming again... you finally have a president who put America first.”
— Donald Trump (08:39)
Trump on Voter ID:
“The Democrats don’t want to give us voter ID because they want to cheat. ... We want voter id, we want proof of citizenship, and we don't want mail in ballots except for the military far away, except for people that are ill, disabled, or people that are away even for a vacation. We'll be generous, okay?”
— Donald Trump (09:50)
On Ex-Prince Andrew’s Arrest:
“It's a very sad thing to see it and to see what's going on with his brother who's obviously coming to our country very soon. And he's a fantastic man, the king. So I think it's a very sad thing.”
— Donald Trump (14:52)
On Iran:
“They can't have a nuclear weapon. ...Now we may have to take it a step further or we may not. Maybe we're going to make a deal. You're going to be finding out over the next probably 10 days.”
— Donald Trump (16:34)
This AM Update episode distills a charged political and global moment: Trump’s peace ambitions colliding with UN protocols, economic nationalism in the American South, the evolving reckoning over Epstein, escalating US-Iran brinkmanship, and an iconic win for US women’s sports. Bolstered by direct quotes, vivid scene-setting, and Kelly’s crisp narration, the episode is a capsule of 2026’s news anxieties and aspirations—leavened with moments of levity and underdog triumph.