Blockade Ahead After U.S.-Iran Peace Talks Fail, Swalwell Suspends CA Gov Campaign: AM Update 4/13
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Good morning, everyone. I'm Megyn Kelly. It's Monday, April 13th, 2026, and this is your AM Update.
They refuse to give up their nuclear ambition, and that's the only point, frankly, to me, that was the most important point by far.
After 21 hours of peace talks failed to bring a deal, the standoff with Iran now escalating as the U.S. moves to blockade the Strait of Hormuz.
These allegations of sexual assault are flat false. They also come on the eve of an election.
Congressman Eric Swalwell of California, a Democrat candidate for governor, hit with multiple sexual assault allegations, leading allies to abandon him. and the late-night suspension of his campaign. Former Vice President Kamala Harris teases another run for the White House in 2028, and a high-stakes trip around the moon comes to a successful end, the Artemis II crew landing safely back on Earth. All that and more coming up in just a moment on your AM Update. When the dollar's convertibility into gold ended in 1971, gold was fixed at $35 an ounce. Fast forward to today, and the U.S. dollar has lost more than 85% of its purchasing power. Gold, on the other hand, has increased in value by over 12,000%.
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That's MK to the number 989898 today. After 21 hours of marathon negotiations in Pakistan, Vice President JD Vance announcing early Sunday local time that the U.S. and Iran failed to reach a peace agreement.
We've had a number of substantive discussions with the Iranians. That's the good news. The bad news is that we have not reached an agreement. And I think that's bad news for Iran much more than it's bad news for the United States of America. So we go back to the United States having not come to an agreement. We've made very clear what our red lines are, what things we're willing to accommodate them on and what things we're not willing to accommodate them on. And we've made that as clear as we possibly could. And they have chosen not to accept our terms.
the U.S. laying out six core demands of the Iranians during the negotiations, according to Fox News, ending uranium enrichment, dismantling nuclear facilities, retrieving highly enriched uranium, accepting a broader peace framework, including regional allies, ending support for regional terror groups, and fully reopening the Strait of Hormuz with no tolls. President Trump describing the negotiations yesterday morning on Fox.
That was a long meeting. We had some very, very good representatives, as you know, J.D. and Steve and Jared. So we were well represented. But we didn't get there on the important issue. They want to have nuclear weapons. They're not going to have nuclear weapons. I've been saying that for 30 years. I would never allow that to happen before I was in politics. We had a very intensive negotiation. And toward the end, it got very friendly. And We got just about every point we needed, except for the fact that they refused to give up their nuclear ambition. And that's the only point, frankly, to me, that was the most important point by far.
Iran, for its part, downplaying the lack of a deal. A spokesman for the foreign ministry saying on state media, a single round of talks was never expected to produce an agreement. Iranian state media reporting it was excessive demands that sank the deal. Former Trump chief of the National Counterterrorism Center, Joe Kent, who resigned in protest over the Iran war, appears to agree.
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