Trump’s Taiwan Talks, Pratt's LA Mayor Momentum, Matthew Perry Counselor Sentencing: AM Update 5/15

Summary

The Megyn Kelly Show – AM Update 5/15/2026

Main Theme:
A rapid-fire update on major political, legal, and cultural news: President Trump’s high-stakes summit with China, the Los Angeles mayor's race featuring Spencer Pratt’s surprising momentum, chilling revelations in the Mia Bailey Utah murder case, and sentencing in Matthew Perry’s fatal overdose case.

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Major Segment Summaries

1. Trump’s China Summit: Taiwan and Iran Tensions

Time: 02:22–06:46

• President Trump concluded a two-day summit in Beijing with Chinese leader Xi Jinping, featuring over two hours of talks.
• Xi opened with hopeful public statements on US–China relations:

  “Both China and the United States stand to gain from cooperation and lose from confrontation. Our two countries should be partners rather than rivals.”
  — President Xi Jinping (02:37)

• Behind closed doors, Taiwan was the flashpoint:
  • Xi warned Trump that mishandling Taiwan could cause “clashes or even conflicts” (03:19).
  • The US maintains a policy of “strategic ambiguity,” unofficially supporting Taiwan’s defense without formally recognizing independence.
  • Secretary of State Marco Rubio affirmed the stance:

    “From our perspective, any forced change in the status quo ... would be bad for both countries ... that sort of ambiguity is what I think has defined the way we characterize this issue.”
    — Marco Rubio (04:33)

• Iran and the Strait of Hormuz were also key:
  • Trump claimed Xi promised not to provide military aid to Iran and expressed mutual interest in reopening the vital oil shipping waterway.

    “He said ... if I could be of any help ... to reopen the Strait, I would like to help.”
    — President Trump (05:49)

  • Rubio said the US did not request Chinese help, but both opposed Iranian attempts to militarize or charge tolls in the strait (06:22).
• Economic news: China pledged to order 200 Boeing aircraft (06:46).

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2. Spencer Pratt’s L.A. Mayor Momentum

Time: 06:46–08:33

• Reality-TV alum Spencer Pratt’s campaign picked up surprising steam after recent debates.
  • Polls: Mayor Karen Bass leads with 30%, Pratt 22%, Nithya Raman 19%; undecideds now just 16% (previously 51%).
• Pratt is attracting support from high-powered business and entertainment figures, including:
  • Dan Loeb (billionaire financier), Cameron and Tyler Winklevoss (crypto entrepreneurs), Jeanie Buss (LA Lakers owner), and producer Nicole Avant.
• On potential donations:

  “I’ve met with multiple billionaires this week ... one guy ... is willing to go up to $500 million for Los Angeles ... wants to be the anonymous fund czar.”
  — Spencer Pratt (08:10)

• The election is June 2; if no one gets 50%, a runoff will follow.

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3. Utah Double Murder Confession: Mia Bailey

Time: 10:09–13:31

• Newly released interrogation footage reveals Mia (formerly Colin) Bailey, a transgender woman, confessing to killing both parents in June 2024 after an argument over gender surgery.
• Bailey described years of family conflict:

  “She was more like ... not very supportive. She was in shock. Just didn’t say anything.”
  — Mia Bailey on mother’s reaction (10:53)

  • Bailey claimed homelessness, $20,000 in debt from transition costs, and that his parents tried to sabotage the surgery:

    “She was trying to sabotage it. She has always had boundary issues. That’s why I never told her where we lived.”
    — Mia Bailey (12:07)

  • The triggering incident occurred when Bailey’s mother contacted the hospital before Bailey’s planned surgery.
• On the murders:
  • Bailey calmly described shooting both parents and said he had no regrets:

    “I don’t regret it. I hate them.”
    — Mia Bailey (13:23)

• Sentencing: Two consecutive terms of 25 years to life, plus up to 5 years for aggravated assault; currently housed in a Utah male prison.

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4. Matthew Perry’s Drug Counselor Sentenced

Time: 13:31–16:10

• Eric Flem, licensed drug addiction counselor, was sentenced to two years in federal prison for his role in supplying the ketamine that killed actor Matthew Perry in October 2023.
• Details:
  • Flem helped connect Perry’s assistant with ketamine dealer “Ketamine Queen” Jasveen Sanga.
  • Flem and four others were charged; Sanga received 15 years, others received lighter sentences due to cooperation.
  • Flem faced up to 25 years, but prosecutors recommended 30 months; judge issued 24 months for his cooperation.
• Flem’s statement after sentencing:

  “I own it. I did it and I own it and I deserved a consequence and I got a consequence and I just my chest and heart hurt every day for the pain I’ve caused not only his family but the millions of people who adored him.”
  — Eric Flem (15:56)

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Notable Moments & Quotes

• On US–China Relations:
  “We must make it work and never mess it up.”
  — President Xi Jinping (02:37)
• On US Policy Toward Taiwan:
  “That sort of ambiguity is what I think has defined ... the way we characterize this issue ... we don’t want to see conflict.”
  — Marco Rubio (04:33)
• On Billionaires Backing L.A. Mayor Candidate:
  “He wants to be the anonymous fund czar.”
  — Spencer Pratt (08:10)
• On Regret After Double Homicide:
  “I don’t regret it. I hate them.”
  — Mia Bailey (13:23)
• On Accepting Responsibility:
  “I did it and I own it and I deserved a consequence and I got a consequence ... my chest and heart hurt every day.”
  — Eric Flem (15:56)

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Timestamps for Key Segments

• China Summit & Taiwan tension: 02:22 – 06:46
• L.A. Mayor’s Race—Spencer Pratt: 06:46 – 08:33
• Mia Bailey Interrogation/Murder Case: 10:09 – 13:31
• Matthew Perry Overdose Sentencing: 13:31 – 16:10

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Tone:
Direct, factual, fast-paced, with emphasis on clarity and high stakes—reflecting Megyn Kelly’s signature “no BS, no agenda” style.

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This summary covers the full substantive content of the May 15, 2026 episode, omitting advertisements and transitions.

Transcript

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[Megyn Kelly]

Good morning everyone. I'm Megyn Kelly. It's Friday, May 15, 2026 and this is your AM update.

[Chinese President Xi Jinping]

Both China and the United States stand to gain from cooperation and lose from confrontation.

[Megyn Kelly]

President Trump wrapping up a high stakes summit in China with major flashpoints over Taiwan and Iran.

[Spencer Pratt]

When I'm mayor, one guy is willing to go up to $500 million for Los Angeles.

[Megyn Kelly]

Spencer Pratt's campaign for Los Angeles mayor gaining steam as the former reality star surges in a new poll while racking up support from major business figures. Newly released interrogation footage shows a man calmly confessing to murdering his parents after a fight over his planned gender surgery and a license. Licensed drug addiction counselor tied to Matthew Perry's fatal overdose sentenced to prison. All that and more coming up in just a moment on your AM Update. We've all been there.

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[Megyn Kelly]

President Trump departing Beijing today following a two day high stakes summit with Chinese President Xi Jinping. The two leaders meeting for more than two hours. At the start of the trip, President Xi offering a public welcome emphasizing the two countries mutual interests.

[Chinese President Xi Jinping]

The people of China and the United States are both great peoples achieving the great rejuvenation of the Chinese nation and making America great again can go hand in hand. We can help each other succeed and advance the well being of the whole world. We both believe that the China U S relationship is the most important bilateral relationship in the world. We must make it work and never mess it up. Both China and the United States stand to gain from cooperation and lose from confrontation. Our two countries should be partners rather than rivals.

[Megyn Kelly]

But behind closed doors, President Xi reportedly making clear the most sensitive topic for his country remains Taiwan. According to China's Foreign Ministry. China's leader warning President Trump that Taiwan is the key issue in the US China relationship and that if it is mishandled the two countries could have quote, clashes or even conflicts. Beijing claiming Taiwan, a small island nation off its coast as part of China while Taiwan operates as its own self governing democracy for decades. The US Walking a careful line on Taiwan, maintaining unofficial ties with the island, supporting its ability to defend itself and publicly opposing any attempt by China to take it by force. Washington does not formally recognize Taiwan as an independent country, but it does supply Taiwan with weapons. The US Approach known as strategic ambiguity is leaving unclear exactly how far Washington would go to defend Taiwan in an effort to deter China from invading without encouraging Taiwan to formally declare its independence after the U. S. China meeting. Secretary of State Marco Rubio telling NBC the US Posture toward Taiwan remains unchanged

[Secretary of State Marco Rubio]

from our perspective, any forced change in the status quo and the situation that's there now would be bad for both countries. Ultimately it's featured prominently in President Xi's mandate in the time he's been in office. He's made clear that what they call reunification, that's what they call it, is something that has to happen at some point. We think it would be a terrible mistake to force that through force or anything of that nature. It would. There would be repercussions for that globally, not just from the United States and we kind of leave it there. That sort of ambiguity is what I think has defined our the way we characterize this issue and the reason being strategic ambiguities. We don't want to see conflict, we don't want to see something disruptive happen because I think it would be very disruptive for the world and for both countries.

[Megyn Kelly]

President Xi's warning on Taiwan coming as another major point of tension also loomed over the summit. The US War with Iran and the struggle to reopen the Strait of Hormuz. The conflict taking up significant attention inside the summit with President Trump facing domestic pressure over rising gas prices tied to the disruption and China under pressure as the world's top buyer of Iranian oil. President Trump telling Fox News that President Xi pledged not to provide military equipment to Iran, adding that the two leaders found common ground on the need to reopen the Strait of Hormuz.

[President Donald Trump]

He did offer, he said, if I can be of any help at all, I would like to be of help. Because he did say that. Yeah, he did say that. And look, anybody that buys that much oil has obviously got some kind of a relationship with him. But he said, I would love to be a help if I could be of any help whatsoever. He'd like to see the Hormuz Strait open. He said, if I could be of any help whatsoever, I would like to help.

[Megyn Kelly]

Secretary Rubio later clarifying to NBC that the U.S. did not request help from China, but that both sides share the same goal for the crucial waterway.

[Investigator]

Did President Trump raise the issue of Iran with China?

[Secretary of State Marco Rubio]

He did, and it was important because the Chinese side said they are not in favor of militarizing the Straits of Hormuz and they're not in favor of a tolling system. And that's our position. We don't, we will never support an Iranian tolling system in the Straits of Hormuz, nor do we think they have a right to put mines in international waters. And so it's good that we have alliance or at least agreement on that point.

[Megyn Kelly]

The summit also producing a major economic announcement. President Trump telling Fox that China agreed to order 200 Boeing aircraft. Former reality TV star Spencer Pratt's underdog campaign for LA mayor gaining some momentum after a debate between the race's top three candidates earlier this month. A new Emerson College poll showing Mayor Karen Bass still leading the pack with 30% support. Pratt in second now with 22% ahead of Nithya Raman at 19%. All three candidates gaining ground since March as undecided voters start making up their minds. Bass and rahman each up 10 points, Pratt up 12, while the share of undecided voters has dropped dramatically from 51% to just 16 now. Pratt also gaining support from a growing list of high powered LA business and entertainment figures. The New York Times Dealbook reporting Pratt has drawn backing from names including billionaire financier Dan Loeb, crypto entrepreneurs Cameron and Tyler Winklevoss, LA, LA Lakers controlling owner Jeannie Buss and more Producer and Democratic fundraiser Nicole Avant, the wife of Netflix co CEO Ted Sarandos, also reportedly planning to support him. In a recent appearance on KNX News, Pratt saying one anonymous billionaire backer is preparing a major donation if he wins,

[Spencer Pratt]

I've met with multiple billionaires this week that when I'm mayor, one guy is willing to already who did this for New York? His family. They donate $300 million to New York. He's willing to go up to $500 million for Los Angeles. There's people that when I'm mayor want to private. No, he wants to be the anonymous fund czar.

[Megyn Kelly]

The election is set for June 2, and if no candidate clears 50%, the top two finishers advance to a November 3 runoff. Coming up, newly released interrogation video shows the Utah killer now known as Mia Bailey, calmly confessing to murdering his parents after a dispute over his planned gender surgery. And the man who helped supply Matthew Perry's fatal dose of ketamine, sentenced to prison.

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[Megyn Kelly]

Newly released interrogation footage revealing the chilling moments when Mia Bailey, a man pretending to be a woman, calmly admits to killing his parents. The gruesome double murder occurring June 18, 2024 in Washington City, Utah. Then 28 year old Bailey, born as Colin Bailey before legally changing his name. Bailey telling investigators he had wanted to transition since childhood but said his parents

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did not learn of it until 2019,

[Megyn Kelly]

roughly five years before the murders. In footage obtained by KUTV, the investigator pressing Bailey on whether his transition had been a major source of conflict with his mother.

[Investigator]

Was that a big topic of contention between you and her?

[Mia Bailey]

It wasn't a huge topic, but she was more like, how could I put it? Not very supportive. She was in shock. Just didn't say Anything.

[Megyn Kelly]

Bailey describing his family dynamic as abusive, saying he was homeless. $20,000 in debt from hormone replacement therapy and other costs tied to his transition at the time of the murders. Bailey telling investigators he had been planning to proceed with so called gender reassignment surgery set for the following month. Bailey telling police his insurance was expected to cover roughly half the cost with a payment plan for the rest, and that his father had planned to help cover part of the remaining balance. But Bailey confessing that the final breaking point came when his mother contacted the hospital ahead of the surgery.

[Mia Bailey]

What led up to it was, well, I got a call from my social worker from the hospital. Hospital had one thing going on and

[Investigator]

she took that away from me. I guess I don't. Can you help me understand? So with you being your age, how. How is your mom in control of that? Yes or no? I mean, you're how old? Almost 30, 28.

[Mia Bailey]

Yeah.

[Investigator]

And you're still getting. And your mom is the one that's saying yay or nay on a surgery that has nothing to do.

[Mia Bailey]

It was more like she was trying to sabotage it. She has always had boundary issues. That's why I never told her where we lived.

[Secretary of State Marco Rubio]

Do you know what she said?

[Mia Bailey]

I didn't get the details. That she just said some stuff to the doctor. You're gonna have to ask the social worker. I was like, well, enough is enough. Taking somebody with me.

[Megyn Kelly]

Bailey then describing going to his parents home with a gun he said he had purchased from a local pawn shop. Running through the door and shooting his mother first. Bailey then moving to another part of the house to shoot and kill his father. The killer then fleeing the scene, triggering an hours long manhunt before police finally took him into custody. Bailey telling the investigator he has no regrets.

[Investigator]

If you could go back to yesterday, would you change the outcome with your mom and dad?

[Mia Bailey]

I don't think there's any way of changing their minds. And no, if they change their mind, which I know they're not because they're so narcissistic, I mean, it would be played out completely differently. Their answer was on them. They had their chance. I didn't want to become the monster that they made me to be. I really wanted to be good. I really did.

[Investigator]

Okay.

[Mia Bailey]

But like I said, that was a last resort of last straw. I don't regret it. I hate them.

[Megyn Kelly]

In November 2025, Bailey pleading guilty to two counts of aggravated murder and one count of aggravated assault. Sentenced in December to two consecutive terms of 25 years to life in prison with an additional zero to five year sentence for aggravated assault. Bailey now serving his sentence at the Central Utah Correctional Facility in Gunnison, Utah where he is housed with male inmates in accordance with his actual sex. Licensed drug addiction counselor Eric Flem sentenced Wednesday to two years in federal prison pleading guilty to helping supply the ketamine that led to friends actor Matthew Perry's fatal overdose in October 2023, 54 year old Perry found unresponsive in a hot tub at his LA home. The LA county medical examiner ruling his death an accidental ketamine overdose with drowning, coronary artery disease and the effects of buprenorphine, a drug used to treat opioid use disorder listed as contributing factors. Fleming pleading guilty in August 2024 to one count of conspiracy to distribute ketamine and one count of distribution of ketamine resulting in death. Prosecutors saying Fleming learned through a friend that Perry was looking for ketamine, then helped connect the actor's assistant with drug dealer Jasveen Sanga, known as the Ketamine Queen. Fleming admitting he helped supply 5110 milliliter vials of ketamine to Perry, including the dose that killed him, despite knowing of Perry's history of drug use. Throughout the prosecution. Fleming cooperating with the government, providing information about others accused of feeding Perry's ketamine addiction. Fleming one of five people charged in the case and now the fourth to be sentenced. The so called ketamine queen receiving the toughest sentence so far, 15 years in federal prison. Fleming initially facing up to 25 years behind bars with prosecutors ultimately recommending 30 months because of his cooperation. Judge Sherilyn Peace Garnett handing down a sentence of 24 months in prison plus a $200 fine and three years of supervised release. Fleming speaking to reporters after the hearing.

[Eric Flemings]

I'm regretfully sorry for the pain and anguish I caused the family. It's what hurts me the most.

[Megyn Kelly]

Why was it important for you to

[Secretary of State Marco Rubio]

take responsibility in court this morning?

[Eric Flemings]

Because I own it. I own it. I did it and I own it and I deserved a consequence and I got a consequence and I just my chest and heart hurt every day for the pain I've caused not only his family but the millions of people who adored him.

[Megyn Kelly]

Fleming, who has remained free on bond, ordered to turn himself in within 45 days to begin his prison term. And that'll do it. For your AM Update, I'm Megyn Kelly. Join me back here for the MK show live on SiriusXM's the Megyn Kelly Channel 111 at noon east on YouTube.com megankelly and on all podcast platforms.

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