Megyn Kelly joins Billy Bush for an explosive post-election breakdown as Democrats deliver a devastating defeat to Donald Trump and the Republican Party in the 2026 midterm elections. Is the Trump presidency effectively over? Megyn says Trump's political power has been shattered, MAGA is shrinking, and Republicans must rebuild after historic losses in Texas, Michigan, and across the country. On today's Hot Mics with Billy Bush, Billy and Megyn examine Trump's refusal to accept responsibility, the Iran war, rising gas prices, inflation, tariffs, the cost of living, and the growing backlash against his administration. But the biggest surprises may be ahead: Could Tucker Carlson run for president in 2028? Billy reveals his decades-long personal friendship with Tucker, dating back to high school, while Megyn explains why Carlson could emerge as the leader of a new America First movement. And in a stunning prediction, Megyn questions whether Vice President JD Vance will even run for president in 2028, citing Usha Vance, their four children, and the personal cost of another White House campaign. The conversation also tackles Marco Rubio, Benjamin Netanyahu, Israel and Iran, Hakeem Jeffries, Mike Johnson, Marjorie Taylor Greene, Thomas Massie, AOC, and the future of the Republican Party. Plus, Billy and Megyn react to James Talarico's Texas Senate victory over Ken Paxton, Gina Hinojosa's historic Texas governor win, Abdul El-Sayed's controversial Michigan Senate victory over Mike Rogers, and the razor-thin Mississippi Senate race between Scott Colom and Cindy Hyde-Smith. From Donald Trump's election defeat to Tucker Carlson's presidential possibilities and JD Vance's uncertain future, Megyn Kelly and Billy Bush ask the question dominating Washington: What happens to MAGA now?

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