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Megyn Kelly opens the show discussing Donald Trump's trial, which has paused to allow him to attend his son Barron's graduation. She is joined by Dan Bongino, who shares insights on various political topics, including the upcoming debates and Trump's strategy. Bongino argues that Trump did not get played by agreeing to debate conditions set by CNN, emphasizing that Trump's ability to debate Biden, who he believes is in worse cognitive shape than in 2020, will work to Trump's advantage. They discuss the implications of the debate format, including the lack of an audience and the timing of the debates, suggesting that these factors may favor Trump. Bongino believes that Trump simply needs to show up and appear presidential to win over voters. The conversation shifts to Michael Cohen, the star witness in Trump's trial, where Bongino highlights Cohen's credibility issues and the defense's strategy to undermine him. They discuss Cohen's questionable claims and the implications of his past actions, including secretly recording Trump, which Bongino argues damages Cohen's credibility further. Kelly and Bongino also touch on the media's portrayal of Trump and the hypocrisy of outlets like CNN and MSNBC regarding their own scandals. They discuss the left's use of race as a political weapon, noting that Trump's comments about support from Black voters have been misinterpreted by the media. As they analyze the political landscape, Bongino predicts that if Trump wins the election, it could lead to significant unrest, suggesting that the response from the left will be intense and potentially violent. He emphasizes that the current political climate is fraught with tension and that the upcoming months will be critical. The show concludes with Kelly teasing an upcoming interview with Riley Gaines, highlighting the ongoing discussions around women's rights and sports.

Megyn Kelly welcomes Glenn Greenwald, Carrie Prejean, and Britt Mayer to discuss current events in the U.S. and Brazil. Greenwald, a Pulitzer Prize-winning journalist, shares insights on Brazil's political landscape, emphasizing its significance as the sixth most populous country and a key player in Latin America. He explains the political shift from the Workers' Party, led by Lula da Silva, to Jair Bolsonaro, who capitalized on public discontent with the establishment. Greenwald notes that Bolsonaro's supporters believe the recent election was stolen, despite a lack of evidence for widespread fraud. The conversation shifts to the Biden administration's handling of classified documents, with Greenwald criticizing the disparity in how similar cases are treated based on political affiliation. He highlights the hypocrisy of Democrats who previously condemned Trump for mishandling classified materials while Biden faces similar scrutiny. Greenwald argues that the Justice Department's inconsistent application of the law raises concerns about a two-tiered justice system. The discussion also touches on the controversy surrounding the YMCA's locker room policies in California, where a young girl encountered a transgender individual in the women's locker room. Prejean and Mayer express their outrage over the implications for women's safety and privacy, calling for a reevaluation of policies that prioritize transgender rights over the rights of women and girls. The panel critiques the influence of social media on young women, particularly focusing on gymnast Olivia Dunne, who has gained fame for her looks and social media presence. They express concern that this trend shifts the focus from athletic achievement to appearance, potentially undermining the integrity of women's sports. Finally, they discuss the Miss Universe pageant's new ownership by a transgender individual, raising issues of gender identity and representation in women's spaces. The panel emphasizes the need for a clear distinction between biological women and transgender women, arguing that the current cultural climate undermines the achievements and rights of women.

Jeanie Buss sits as the owner of the Los Angeles Lakers, the first female guest on the show. She explains she is taking a stand-up class to challenge herself, and shares opening material built around being described as Barbie’s mom. The conversation moves to her role in the Lakers’ ownership, a family enterprise since 1980 when her father bought the team. After his death, the team is held in a trust with one owner and voice; she explains she removed her brother from basketball operations and brought Magic Johnson in to run the basketball side. She describes Magic as a charismatic leader with a sharp business mind, noting his ability to dissect opponents while keeping a smile. The talk covers the father she loved: he was older when she was born, sang to her, negotiated candy on Halloween, and built a real estate fortune that funded his sports ambitions. He started with apartment buildings and moved into owning a world of sports teams and then the Lakers and Forum. They also experimented with roller hockey and other orphan sports, which briefly grew before folding. She notes how the Lakers connection shaped her view of family, community, and the game. On basketball strategy, she discusses coach selection and roster cohesion, the shift from Mike Brown to D’Antoni, and the value of a shared system. She identifies Luke Walton as a coach with lasting potential, and reflects on Kobe Bryant’s influence, LeBron James’s arrival, and the balance of star power and team building. She speaks about the Chris Paul trade being vetoed during a league-wide moment, and how Adam Silver and Michelle Roberts guide the league toward parity and integrity. Outside basketball, Buss talks about WOW, a revived Women of Wrestling project, emphasizing female empowerment and athletic performance. She also touches on dating, marriage, Playboy photos, and the evolving landscape of women in leadership, all while appreciating the Lakers fans and the city’s pride.

Harvard President Claudine Gay resigned after numerous plagiarism allegations, which some on the left attribute to racism. The ongoing crisis at the southern border is highlighted, with Secretary Mayorkas blaming climate change for the surge in migrants. The hosts discuss the backlash against Gay's resignation, with figures like Ibram X. Kendi suggesting it reflects systemic racism, while others argue the focus should be on her misconduct. The conversation shifts to the nature of plagiarism, with one host emphasizing the seriousness of Gay's repeated offenses, including plagiarizing in her acknowledgments. The hosts critique the media's response to Gay's resignation, noting that many mainstream reporters have aligned with narratives that deflect from the plagiarism issue. They discuss the implications of Gay's academic background and the lack of accountability for her actions compared to other academics who faced harsher consequences for lesser infractions. The hosts express skepticism about the sincerity of those defending Gay, pointing out the performative nature of the responses from various commentators. The discussion also touches on the broader implications of academic freedom and the role of organizations like FIRE in defending free speech on campuses. They argue that the controversy surrounding Gay's resignation is indicative of deeper issues within elite academic institutions, which they believe are failing to uphold standards of integrity and accountability. As the conversation transitions to immigration, the hosts express concern over the Biden administration's handling of the border crisis, with statistics showing a significant increase in undocumented migrants. They discuss the political ramifications of the immigration issue, noting that both parties have failed to address it effectively. The hosts argue that the current situation is unsustainable and that there needs to be a coherent immigration policy that balances compassion with enforcement. In the political arena, Nikki Haley and Ron DeSantis are set to debate, with Haley currently polling slightly ahead. The hosts discuss the dynamics of the GOP primary and the challenges facing candidates like Vivek Ramaswamy, who feels sidelined. They also analyze the implications of Trump's legal troubles on the election landscape, suggesting that his ongoing controversies may affect his support among independent voters. Finally, the hosts touch on a controversial new policy from USA Boxing allowing transgender women to compete against biological women, expressing concerns about the fairness and safety of such arrangements. They conclude with a light-hearted discussion about a calendar featuring conservative women, debating the appropriateness of such representations in the context of conservative values.