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

0:00To realize the future America needs, we understand what's needed from us. To face each threat head on. We've earned our place in the fight for our nation's future. We are Marines. We were made for this. Good morning, everyone. I'm Megyn Kelly. It's Friday, May 15th, 2026, and this is your AM Update. Both China and the United States stand to gain from cooperation and lose from confrontation. President Trump wrapping up a high-stakes summit in China with major flashpoints over Taiwan and Iran. When I'm mayor, one guy is willing to go up to$500 million for Los Angeles. 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.

0:52Newly released interrogation footage shows a man calmly confessing to murdering his parents after a fight over his planned gender surgery. And a 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.

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1:51From indoor and outdoor cameras to sensors that detect fires and floods, it's comprehensive protection backed by agents ready to dispatch help. You will get 50 % off a new system when you sign up for professional monitoring and your first month is free by visiting SimpliSafe.com. That's simplisafe.com. SimpliSafe.com slash Megan. That's half off at simplisafe.com slash Megan. There's no safe like SimpliSafe. 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.

2:37The 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. But behind closed doors, President Xi reportedly making clear the most sensitive topic for his country remains Taiwan.

3:26According to China's foreign ministry, China's leader warning President Trump that Taiwan is the key issue in the U.S.-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 U.S. 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.

4:09The U.S. approach, known as strategic ambiguity, 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 U.S. posture toward Taiwan remains unchanged. 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.

4:49We think it would be a terrible mistake to force that through force or anything of that nature. 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 the way we characterize this issue. And the reason being a strategic ambiguity is 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. President Xi's warning on Taiwan coming as another major point of tension also loomed over the summit, the U.S.

5:20war 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. He did offer, he said, if I can be of any help at all, I would like to be of help. He did say that. Yeah, he did say that.

5:55And 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 of 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. 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. Did President Trump raise the issue of Iran with China? 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.

6:33And that's our position. 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. 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 L.A. 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 percent support, Pratt in second now with 22 percent, ahead of Nithya Rahman at 19 percent.

7:18All 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 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.

8:02In a recent appearance on KNX News, Pratt's saying one anonymous billionaire backer is preparing a major donation if he wins. 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 privately - Can you say who that is? No, he wants to be the anonymous fund czar. The election is set for June 2nd, and if no candidate clears 50%, the top two finishers advance to a November 3rd runoff.

8:42Coming 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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9:45For details and a free information kit on diversifying into gold, text MK to the number 989898. Birch Gold can help you convert an existing IRA or 401k into a tax-sheltered IRA and physical gold. Text MK to the number 989898 to see if you qualify for a first-time gold buyer rebate of up to$10 ,000. 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.

10:30Bailey telling investigators he had wanted to transition since childhood, but said his parents did not learn of it until 2019, 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. Was that a big topic of contention between you and her? It was 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. 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.

11:12At the time of the murders, Bailey telling investigators he had been planning to proceed with so-called gender reassignment surgeries 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. What led up to it was, well, I got a call from my social worker from the hospital. I had one thing going on, and she took that away from me.

11:50I guess I don't, can you help me understand, so with you being your age, how is your mom in control of that yes or no? I mean, you're how old? Almost 30? 28, yeah. 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 with it? It was more like she was trying to sabotage it. She has always had boundary issues. That's why I never told her where I lived. Do you know what she said? I didn't get the details that she just said some stuff to the doctor. You're going to have to ask the social worker. I was like, well, enough is enough. Taking somebody with me.

12:28Bailey 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. If you could go back to yesterday, would you change the outcome of your mom and dad? I don't think there's any way of changing their minds and they'll 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 so 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 But like I said, that was a last resort, a last draw.

13:28I don't regret it. I hate them. 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 Fleming 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.

14:1354-year-old Perry found unresponsive in a hot tub at his L.A. home, the L.A. County medical examiner ruling his death an accidental ketamine overdose with drowning, coronary artery disease, and the effects of ruponorphine, 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.

14:54Fleming admitting he helped supply 51 10-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.

15:32Judge 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. I'm regretfully sorry for the pain and anguish that caused the family. It's what hurts me the most. Why was it important for you to take a responsibility in court this morning? 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. Fleming, who has remained free on bond, ordered to turn himself in within 45 days to begin his prison term.

16:19And that'll do it for your AM update. I'm Megan Kelly. Join me back here for the MK Show, live on Sirius XM's The Megan Kelly Channel, 111 at noon east, on youtube.com slash Megan Kelly, and on all podcast platforms.

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