The countdown below is to when Biden is expected to be sworn in, although events might make the exact. Eastern, with Biden Being Sworn in at Noon. Green notes that with Yellen heading up the Treasury Department, investors should expect massive additional fiscal spending, combined with continued ultra-low interest rates “for years,” which should act as a catalyst for stocks. The Inauguration Ceremony Begins at 11:15 a.m. As Federal Reserve Chair, she continually made the case for full employment, meaning she is prepared to spend-and her track record proves it.” What To Watch For “Despite the inauguration pomp and ceremony at the Capitol, however, investors’ focus is now on Janet Yellen, who will take over from Steve Mnuchin as U.S. Notice of Right to Opt Out of Sale/Sharing. This also means that (as has so often been the case over the past year) I. ![]() Regrettably (but understandably) there won’t be any tour groups on hand to witness the event. “Today’s political pageantry in Washington represents the dawning of an era of renewed certainty, stability and the return to established norms-all of which the markets approve,” says Nigel Green, the founder and CEO of $12 billion advisory DeVere Group. A look back at President-elect Joe Biden’s political journey as he is set to become the 46th president of the United States. Due to the confluence of COVID-19 and the extraordinary security circumstances in the nation’s capital this week, the 2021 presidential inauguration will be unlike any other. ![]() In these circumstances, the biggest celebration for many might be if the day proceeds without violent incidents.Other stocks heading up gains in the S&P included Ford, Invesco and Google-parent Alphabet, which surged 8%, 6.5% and 6%, respectively, while other tech giants such as Amazon and Microsoft also ticked up about 4%. Washington, with its boarded-up buildings and 20,000 National Guard troops deployed there, looks more like a war zone than a preparation for an occasion usually known for its pomp and ceremony and razzamatazz. Even if these do not eventuate, nobody will be expecting the alt right activists will miraculously disappear, but will regroup and recruit using sites where their discussions can be no holds barred.Īll this uncertainty and unease is swirling around the inauguration plans. The Federal Bureau of Intelligence (FBI) has warned of plans for armed protests for Washington and 50 state capitals in the days before the inauguration. With mainstream social media sites moving to shut down accounts, including those of President Trump, which are peddling misinformation or seen as inciting violence, there is now concern would-be rioters are using encrypted sites which are harder for authorities to monitor. ![]() His expression of such sentiments now must be baffling to his ardent followers who have been egged on by his inflammatory rhetoric throughout his term of office, particularly his refusal to accept the outcome of the November election and his continued baseless assertions the vote was rigged. No true supporter of mine could ever endorse political violence." "Mob violence goes against everything I believe in and everything our movement stands for. He told viewers there was "never a justification for violence, no excuses, no exceptions". If the issue lingers on and on will it ramp up the pro-Trump supporters who will want to believe Mr Trump is a martyr?įollowing the impeachment, Mr Trump released a video statement calling for calm and a united country. Democrats will be wanting to get on with implementing their policies, but they will also want to draw a line under the Trump presidency. There is no time to hold a trial before Joe Biden takes office, but the timing of any trial will be a conundrum. If he were to be found guilty, separate votes would be required to bar him from future office and stop him from receiving ex-presidential benefits. To remove Mr Trump would require a two-thirds majority, something not achieved following his first impeachment. The next step in the process would involve the Senate and a trial in which senators are the jury. Quite what will happen next regarding the impeachment is unclear. ![]() Ten Republicans joined their Democrat counterparts in the House of Representatives to vote for the impeachment, making the final vote 232 to 197. The move has put him in the unenviable position of being the only president to have been impeached twice. Mr Trump was impeached on a charge of incitement of insurrection for the part he played in the lead-up to the storming of the Capitol by pro-Trump activists earlier in the month. PHOTO: REUTERSThe second impeachment of United States President Donald Trump this week will do little to ease the tension in the countdown to the inauguration of the next president on Thursday.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |