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Home » Tucker Carlson Show: w/ Megyn Kelly on the Capture of Maduro (Transcript)

Tucker Carlson Show: w/ Megyn Kelly on the Capture of Maduro (Transcript)

Here is the full transcript of political commentator Megyn Kelly’s interview on The Tucker Carlson Show, January 8, 2026.

Brief Notes: In this high-stakes discussion, Tucker Carlson and Megyn Kelly explore the profound implications of “Operation Absolute Resolve” and the January 2026 capture of Nicolás Maduro, marking what Tucker calls the U.S. government’s explicit transition into an empire. While Tucker finds a bracing honesty in the administration’s pursuit of national interests, Kelly offers a sobering “yellow light” perspective, warning of the power vacuums and blowback typically born from regime change.

The two also tackle the intensifying civil war within the American right, specifically calling out the “treachery” of Ben Shapiro and the “unwell” behavior of Mark Levin regarding free speech and Israel-first advocacy. Ultimately, they examine the survival of independent media and the vital importance of protecting the First Amendment as the executive branch continues to consolidate unilateral power.

America’s Explicit Transition to Empire

TUCKER CARLSON: What happened a few days ago in Venezuela is not just a big surprise to people who are watching it. It’s not just a kind of exciting foreign policy story. It is the effectively announcement by the US Government that our system is changing, that we are now explicitly an empire or an empire.

So of course, the argument has been made, and perhaps probably there’s some truth to it. The United States has been an empire for a long time, for at least the last 80 years, since 1945 when we emerged victorious from World War II. Or maybe even 1918 when the British Empire effectively ended. Maybe even 1898 when we get Puerto Rico and then a few years later, Cuba from the Spanish empire.

So you could argue that the United States, like all big prosperous countries, inevitably became an empire. But the difference between the last 120 years and earlier this week is that we never before admitted it. And now we are.

So every time we’ve gone into foreign countries in Latin America, but not just Latin America, really, around the world, there has been a pretext for that, usually about human rights or democracy. We’re not going to put up with this or that government treating its people this way. And we have to go in to stop the tyranny, because we are a force for openness and freedom. And there’s been some truth in that, of course.

But behind that has been the calculation behind every big foreign policy move made by every big country. How was this good for us? Whether it’s propping up the dollar or getting access to resources, there’s always another reason that we’re doing it. And people who are paying close attention know that.

Of course, one of the reasons that American troops have been clustered around the Middle East for as long as they have been is not just the Israeli lobby. It’s because there’s an awful lot of energy in the Middle East, oil and gas, and that’s important to our country. So of course we have a stake in making certain it can be extracted and moved around the world, obviously.

The Bracing Honesty of National Interest

But what makes what happened in Venezuela—taking the head of state out of the presidential palace with Delta Force and bringing him to New York and putting him on trial—what makes that so very different from, say, I don’t know, pick one. Killing Mossadegh in 1953 in Iran or whatever, is that the US government, the president, United States basically just said, “We’re doing this because of the resources.”

Venezuela has the largest proven oil reserve in the world. It’s in our hemisphere. It’s going to China. And how about, no, this is our hemisphere. It’s going to go to us. He just said it out loud.

And there’s something kind of thrilling about that. There’s something thrilling about the honesty there. There’s no fakery. No, we’re the U.S., we’re not going to put up with that. This is our interest and we’re going to protect it. That’s what the President said.

And for the first time in a long time, there was pretty strong support from the right, from Trump voters for foreign policy adventurism. Keep in mind, a lot of them voted for the president on the basis of his pledge to not start new wars. Well, here is effectively a new conflict, and they’re supporting it. Why? Because the president justified it in terms of our national interest.

This is good for us. We’re not upholding international law. We’re doing it because we want the oil. And again, there’s something bracing and refreshing about someone finally telling the truth about why we’re doing what we’re doing. And the president absolutely told the truth, and that’s great.

And you saw an uptick in national pride, understandably. The US Military is actually capable of more than DEI. We can do complicated things, and that is something to be proud of. The US Government is finally acting in the interest of the United States, or says it is. And that’s a massive improvement over yet another lecture about a hollow theory.

The Pitfalls of Empire

But there are pitfalls potentially, and it’s worth also considering those, because this is a new era, as has been noted. The United States has moved into the imperial phase of empire, leaving the republic, shifting to empire. And that’s a pretty familiar life cycle for civilizations. And so we sort of roughly know what will happen.

The first thing that’s going to happen is that the energy and the power will vest in the executive and not the legislative branch. Congress will inevitably wither. It already is. They were not consulted before we took out the president of Venezuela. They had no role in this whatsoever. They have a constitutional authority here that was ignored. And as it has been many times in the past.

When was the last time Congress did something of note? It’s been a long time. And that, if you take three steps back, is probably not surprising.