Major Iowa and NJ Primary News, "Weaponization" Fund Scrapped, Trump & Bibi Talk Call: AM Update 6/4 artwork

Major Iowa and NJ Primary News, "Weaponization" Fund Scrapped, Trump & Bibi Talk Call: AM Update 6/4

The Megyn Kelly Show

June 4, 2026

As primary results continue to come in, significant primary elections in Iowa and New Jersey set up crucial November contests. A "weaponization" fund intended to compensate Americans unfairly targeted by the government has been abandoned by the Trump Administration, surprising lawmakers.
Speakers: Emily Jaschinsky, Zach Lane, Miranda Devine, Donald Trump, Randy Feenstra, Adam Hammowy, Todd Blanch, Grace Meng, Ted Cruz, Benjamin Netanyahu, Nick Saban
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**Emily Jaschinsky** (0:32)
Good morning, everyone. I'm Emily Jaschinsky, host of After Party and The Megyn Kelly Wrap Up Show on SiriusXM Channel 111 It's Thursday, June 4th, 2026, and this is your AM Update.

**Zach Lane** (0:44)
We were outspent, opposed by the establishment, told to wait our turn. Well, tonight we're not going to wait anymore.

**Emily Jaschinsky** (0:52)
As primary night results continue to trickle in, consequential results in Iowa and New Jersey shake up the map. The Trump Administration abandoning a nearly $1.8 billion fund designed to compensate Americans unfairly targeted by the government.

**Miranda Devine** (1:07)
Is that true? Did you speak to him in those terms?

**Donald Trump** (1:10)
I did. I always say angrily. I was a little bit recurved at his constantly fighting with Lebanon.

**Emily Jaschinsky** (1:17)
President Trump now confirming reports of a heated phone call between himself and Israeli Prime Minister Benjamin Netanyahu, as both say they're on the same page, for the most part.
And a historic showdown on Capitol Hill over the future of college sports in the era of the transfer portal and massive NIL deals. All that and more coming up in just a moment on your AM Update.

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**Emily Jaschinsky** (2:47)
As primary results continue to roll in across races in several different states, a stunning upset in Iowa's GOP gubernatorial primary. Republican Zach Lane, a farmer and businessman, toppling sitting Congressman Randy Feenstra in the race. Lane, a political outsider backed by the Make America Healthy Again or Maha movement, running on an anti-establishment conservative platform while focusing in on an Iowa first agenda.
Feenstra entering the race as the favorite, armed with name recognition, establishment support and an endorsement from President Trump just days before a primary day. But voters handing the nomination to Lane in a very tight battle. Here, Feenstra announcing his concession Tuesday night.

**Randy Feenstra** (3:30)
I just called Zach Lane, said, hey, you got to carry this torch. We got to keep this state red. You got to make sure you beat Rob Sand. I'm all in to help him out. We are going to make sure that we have him as the next governor.

**Emily Jaschinsky** (3:43)
Lane declaring victory soon after getting that call.

**Zach Lane** (3:46)
I don't have to tell you this, but nobody thought this could be done. We were outspent, opposed by the establishment, told to wait our turn. Well, tonight, the people of Iowa had something to say about that, that we're not going to wait anymore.
They said Iowa doesn't belong to the political class. They said our state does not belong to the lobbyists, special interests and corporate giants who for far too long, have had way too much power in our state.

**Emily Jaschinsky** (4:14)
The victory reshaping the race to replace outgoing Republican Governor Kim Reynolds, a two-term incumbent who did not run for re-election, setting up a high-stakes November showdown with Democratic state auditor Rob Sand.
A few states over, another noteworthy victory in New Jersey, with political newcomer Adam Hammowy winning New Jersey's crowded Democratic primary to replace retiring Congresswoman Bonnie Watson Coleman. New Jersey's 12th congressional district is very heavily Democrat. Hammowy, a retired Army combat surgeon, building his campaign around his military service, humanitarian medical missions to Gaza, and outspoken criticism of Israel's war in the territory. Here, Hammowy declaring victory Tuesday night.

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