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Developing now, Thursday, Feb. 28, 2019

NO DEAL: President Trump abruptly walked away from negotiations with North Korean leader Kim Jong Un in Vietnam with no deal and headed back to Washington, saying the U.S. is unwilling to meet Kim's' demand of lifting all sanctions on the rogue regime without first securing its meaningful commitment to denuclearization ... Trump, speaking in Hanoi, said the U.S. asked Kim to do more regarding his intentions to denuclearize and “he was unprepared to do that.” “Sometimes you have to walk,” Trump said.

Trump said the summit fell through after the North demanded a full removal of U.S.-led international sanctions in exchange for the shuttering of the North's Yongbyon nuclear facility. Trump and Secretary of State Mike Pompeo told reporters that the U.S. wasn't willing to make a deal without the North committing to giving up its secretive nuclear facilities outside Yongbyon as well as its missile and warheads program. The president told reporters that Kim promised he would not resume nuclear and missile testing and Trump said he was taking Kim’s word for it.

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CONVICTED LIAR COHEN: TRUMP IS A RACIST, CON MAN AND A CHEAT - Michael Cohen, the former fixer about to begin a three-year prison term, denounced President Trump during an explosive congressional hearing Wednesday with a series of allegations, calling his former boss a racist, testifying he was aware of adviser Roger Stone's talks with WikiLeaks about stolen Democratic emails during the 2016 campaign and alleging he oversaw an array of illicit schemes during the 10 years they worked together ... "He is a racist. He is a conman. And he is a cheat," Cohen testified. Still, Trump's former personal lawyer stopped short of saying he had evidence that Trump's presidential campaign colluded with Russia in 2016, asserting he had only “suspicions."

Republicans on the House Oversight Committee repeatedly poked holes in Cohen's credibility, pointing out that he has been convicted for lying to Congress and suggesting he turned against Trump only after not landing a White House job. Cohen is set to testify in private before the House Intelligence Committee on Thursday. He is scheduled to report to prison May 6 to start serving a three-year sentence for campaign finance and other violations.

Michael Cohen, President Donald Trump's former personal lawyer, becomes emotional as he finishes a day of testimony to the House Oversight and Reform Committee, on Capitol Hill in Washington, Wednesday, Feb. 27, 2019. (AP Photo/J. Scott Applewhite)

'IMPRESSED' TRUMP SLAMS 'FAKE' COHEN HEARING: President Trump, speaking at a news conference in Vietnam after his summit with Kim Jong Un ended early, said he was a "little impressed" that Michael Cohen told Congress there was "no collusion" between his presidential campaign and Russia ... Trump said Cohen lied so much during the hearing that he was a bit surprised that he did not lie about Russian collusion allegations. "He decided to give 95 percent effort instead of 100 percent," Trump said. The president slammed the hearing as "fake" and said it was a "terrible thing" for Democrats to hold it during the summit. "No American president should ever have to go through this," he said. "It's a terrible thing for the country."

BETO'S BIG DECISION: Former Texas Rep. Beto O'Rourke said Wednesday that he has made up his mind about his political future, raising expectations that he will be the latest Democrat to jump into the crowded race for the party's 2020 presidential nomination ... "[Wife] Amy and I have made a decision about how we can best serve our country," the 46-year-old O'Rourke said in a statement. "We are excited to share it with everyone soon." The statement was first obtained by the Dallas Morning News, which reported that O'Rourke would not pursue a potential challenge to Sen. John Cornyn, the No. 2 Republican in Congress' upper chamber.

PETA WANTS AOC TO MAKE A 'VEGAN GREEN NEW DEAL': The animal rights group People for the Ethical Treatment of Animals (PETA) has sent a letter to Rep. Alexandria Ocasio-Cortez, D-N.Y., praising her push for a Green New Deal and asking the congresswoman to promote more vegan food policies ... The activist group made its case to Ocasio-Cortez to help it “reclaim the Earth.” It wants to limit the country’s dependence on an animal food supply to help curb greenhouse emissions and provide Americans with what the group called “healthful eating.” “Because animal agriculture not only is devastating to animals but also poisons the environment and makes Americans sick, what we need is a Vegan Green New Deal,” PETA President Ingrid Newkirk said in a statement.


THE SOUNDBITE

PLATFORM FOR A CONVICTED LIAR -  "Clinton operative Lanny Davis has persuaded the chairman of the [House] Oversight Committee to give a convicted felon a forum to tell stories and lie about the president of the United States, so they can all start their impeachment process. Mr. Chairman, we are better than this. We are better than this." – U.S. Rep. Jim Jordan, in his opening statement for the hearing involving former Trump personal attorney Michael Cohen. WATCH

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STAY TUNED

On Fox Nation:

Judge Nap Interviews Lawyer for Family of US-Born 'ISIS Bride'
Judge Andrew Napolitano interviews Hassan Shibly, the attorney for the family of the American-born woman who left the country and married a trio of ISIS militants, on “Liberty File” on Fox Nation. Watch a preview of the show now.

Not a subscriber? Click here to join Fox Nation today!

On Fox News:

Fox & Friends, 6 a.m. ET: Fallout from the Trump-Kim summit in Vietnam; U.S. Rep. Chip Roy, R-Texas; Fox Nation host Tomi Lahren on the murder of a young woman vacationing in Mexico.

On Fox Business:

Mornings with Maria, 6 a.m. ET: Live coverage of the aftermath of President Trump's summit with North Korean leader Kim Jong Un.

Varney & Co., 9 a.m. ET: Gen. Jack Keane, retired four-star general and former vice chief of staff of the U.S. Army, and Fred Fleitz, president and CEO of the Center for Security Policy.

Countdown to the Closing Bell with Liz Claman, 3 p.m. ET: Clifford D. May, president and founder of the Foundation for Defense of Democracies.

On Fox News Radio:

The Fox News Rundown podcast: "Michael Cohen Testifies on Capitol Hill " - Jon Decker, Fox News Radio’s White House correspondent, breaks down Michael Cohen's explosive testimony in Wednesday's hearing. Greg Palkot, Fox News senior foreign affairs correspondent, discusses the second summit between President Trump and North Korean leader Kim Jong Un and their inability to reach a deal. Plus, commentary by Deroy Murdock, contributing editor with National Review and Fox News contributor.

Want the Fox News Rundown sent straight to your mobile device? Subscribe through Apple Podcasts, Google Play, and Stitcher.

The Brian Kilmeade Show, 9 a.m. ET: The Trump-Kim summit and the Michael Cohen hearing will be dissected by the following guests: former U.S. Rep. Jason Chaffetz, R-Utah, and Fox News contributor;  U.S. Rep. Ralph Norman, R-S.C.; Chris Wallace, "Fox News Sunday" host; former U.S. Rep. Darrell Issa, R-Calif.; Kennedy, Fox Business host; Jonathan Swan, national political reporter for Axios; Secretary of Energy Rick Perry on the "Green New Deal."

The Todd Starnes Show, Noon ET: Todd Starnes will discuss the latest developments following Michael Cohen’s Capitol Hill testimony, and Tim Wildmon, president of the American Family Association, will discuss whether Walmart has taken a stand in the culture war.

The Tom Shillue Show, 3 p.m. ET: February is American Heart Month. Dr. Kelly Powers, surgeon and health reporter, tells Tom Shillue about her own recent health scare.

#TheFlashback
1993: A gunbattle erupts at a religious compound near Waco, Texas, when agents from the Bureau of Alcohol, Tobacco and Firearms try to arrest Branch Davidian leader David Koresh on weapons charges; four agents and six Davidians are killed as a 51-day standoff begins.
1953: Scientists James D. Watson and Francis H.C. Crick announce they have discovered the double-helix structure of DNA.
1849: The California gold rush begins in earnest as regular steamship service starts bringing gold-seekers to San Francisco

Fox News First is compiled by Fox News' Bryan Robinson. Thank you for joining us! Have a good day! We'll see you in your inbox first thing Friday morning.