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The Megyn Kelly Show

Spirit Airlines Collapses, Trump Rejects Latest Iran Proposal, Kentucky Derby History: AM Update 5/4

The Megyn Kelly Show

SiriusXM

News, Society & Culture, News Commentary

4.438.5K Ratings

🗓️ 4 May 2026

⏱️ 23 minutes

🧾️ Download transcript

Summary

Spirit Airlines shuts down after years of financial strain and a blocked JetBlue merger during the Biden administration, canceling all flights overnight and stranding passengers as rivals step in to help. President Trump rejects Iran’s latest peace proposal, while launching “Project Freedom” to guide ships through the Strait of Hormuz amid rising tensions and surging gas prices. Senate candidate Mallory McMorrow of Michigan faces scrutiny over resurfaced tweets criticizing the Midwest and questions about voting in California. A historic Kentucky Derby sees long-shot Golden Tempo surge to victory, delivering the first win for a female trainer and a rare one-two finish for jockey brothers. Supersure Insurance: Simplify your business insurance and get a free coverage report at https://Supersure.com/Megyn Pure Talk: Dial #250 and say keyword MEGYN KELLY to switch to Pure Talk and get unlimited data for just $34.99 a month!

Transcript

Click on a timestamp to play from that location

0:00.0

Good morning, everyone. I'm Megan Kelly. It's Monday, May 4th, 2026, and this is your AM update.

0:09.0

There was a significant effort by President Trump in the administration to make it happen, but in the end, a deal couldn't be reached.

0:17.2

Spirit Airlines abruptly shutting down after years of financial troubles and a blocked merger by the

0:23.6

Biden-D-O-J, canceling all flights and leaving passengers scrambling to get home.

0:29.0

President Trump rejecting Iran's latest peace proposal while announcing the U.S. will begin

0:34.3

guiding ships to safely make it through the Strait of Hormuz.

0:38.3

I tweeted normal things like a normal person and people are desperate for authenticity.

0:44.3

U.S. Senate candidate from Michigan, Mallory McMorrow, facing scrutiny over resurfaced

0:49.3

social media posts, critical of working class voters and questions surrounding her voting record,

0:56.1

and a Kentucky Derby for the history books, the first female trainer to win the race,

1:01.5

and Jockey Brothers battling to a stunning one-to finish, and what about that horse?

1:08.4

All that and more coming up in just a moment on your AM update.

1:15.5

Here's a question. How many brokers does it take to ensure your business? If you are like most

1:21.6

business owners, the answer is too many. Multiple policies, multiple applications, no clear view of how

1:27.2

it all fits together.

1:28.7

And when questions come up, it's not easy to get the clarity you need. My God, just the word

1:33.1

insurance, it's like you cower and fear. But super sure changes all that. Truly, listen to what they do.

1:39.6

It's a one-stop shop for all of your business insurance. You don't have to have this policy with that guy,

1:45.1

this policy with that gal, try to figure it out when something goes wrong, who do I call, which policy

1:49.1

is it? What's included? What's not? This is backed by a team that's going to work with you year-round,

1:53.9

not just at renewal. And if you've ever stared at a policy, wondering what in God's name it actually

1:59.9

covers, Super Sure has a fine print fax in God's name it actually covers.

...

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