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Joe Biden

AP News | Equities.com |

Joe Biden swears the oath of office at noon Wednesday to become the 46th president of the United States, taking the helm of a deeply divided nation and inheriting a confluence of crises arguably greater than any faced by his predecessors.

The very ceremony in which presidential power is transferred, a hallowed American democratic tradition, will serve as a jarring reminder of the challenges Biden faces: The inauguration unfolds at a U.S. Capitol battered by an insurrectionist siege just two weeks ago, encircled by security forces evocative of those in a war zone, and devoid of crowds because of the threat of the coronavirus pandemic.


Reuters | Equities.com |

Incoming U.S. president Joe Biden will announce America’s return to the international Paris Agreement to fight climate change on Wednesday, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming.

The announcements will also include a sweeping order to review all of ex-President Donald Trump’s actions weakening climate change protections, the revocation of a vital permit for TC Energy’s Keystone XL oil pipeline project from Canada, and a moratorium on oil and gas leasing activities in the Arctic National Wildlife Refuge that Trump’s administration had recently opened to development, Biden aides said.


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Donald Trump pumped his fist and waved as he departed the White House on Marine One Wednesday for the last time as president, leaving behind a legacy of chaos and tumult and a nation bitterly divided.

Four years after standing on stage at his own inauguration and painting a dire picture of “American carnage,” Trump departed the office twice impeached, with millions more out of work and 400,000 dead from the coronavirus. Republicans under his watch lost the presidency and both chambers of Congress. He will be forever remembered for the final major act of his presidency: inciting an insurrection at the Capitol that left five dead, including a Capitol Police officer, and horrified the nation.


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President-elect Joe Biden’s incoming secretary of state, Antony Blinken, is set to pledge on Tuesday that he will work to revitalize damaged American diplomacy and build a united front to counter the challenges posed by Russia, China and Iran.

In a speech a day before Democrat Biden takes over from Republican Donald Trump, whose four-year tenure was marked by unilateral American action that often upset allies, Blinken will pledge to act together with them and with humility.


Reuters | Equities.com |

Central Washington is an armed fortress, fenced off with razor wire and surrounded by 25,000 National Guard troops ahead of President-elect Joe Biden’s inauguration on Wednesday, a stark contrast to previous inaugurations, when the United States capital erupted in days of celebration.

The COVID-19 pandemic had already canceled the inaugural balls. Now the National Mall is closed to the public due to threats of violence from groups who attacked the U.S. Capitol on Jan. 6. Almost none of the public will witness firsthand the transition of power, souring the mood of Washingtonians.


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President-elect Joe Biden plans to unveil a sweeping immigration bill on Day One of his administration, hoping to provide an eight-year path to citizenship for an estimated 11 million people living in the U.S. without legal status, a massive reversal from the Trump administration’s harsh immigration policies.

The legislation puts Biden on track to deliver on a major campaign promise important to Latino voters and other immigrant communities after four years of President Donald Trump’s restrictive policies and mass deportations. It provides one of the fastest pathways to citizenship for those living without legal status of any measure in recent years, but it fails to include the traditional trade-off of enhanced border security favored by many Republicans, putting passage in a narrowly divided Congress in doubt.


Reuters | Equities.com |

U.S. President-elect Joe Biden’s expected move to cancel the Keystone XL pipeline prompted Canada’s main oil-producing province of Alberta on Monday to threaten to seek damages as Ottawa made efforts to save the troubled project.

Scrapping the project would threaten Canadian jobs and the U.S.-Canadian relationship as Prime Minister Justin Trudeau tries to turn the page on the Donald Trump era, though the idea drew support from environmental groups and progressive U.S. Senator Bernie Sanders.

A source told Reuters on Sunday that Biden will cancel a permit for the $8 billion project over concerns about fossil fuels contributing to climate change, dealing a blow to the Canadian energy sector.


AP News | Equities.com |

President-elect Joe Biden already faces the daunting task of steering a newly announced $1.9 trillion coronavirus relief bill through a closely divided Congress as the pandemic and its economic fallout grow.

Now Biden will have to do it with President Donald Trump’s impeachment trial beginning potentially as soon as his first day in office.

The confluence of events amounts to one of the most politically and logistically complicated openings to a new administration in modern history, requiring Biden to try to move the country into a post-Trump era even as senators debate Trump’s most divisive acts.


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The FBI is tracking an “extensive amount of concerning online chatter,” including calls for armed protests leading up to next week’s presidential inauguration, Director Chris Wray said Thursday.

Wray, in his first public appearance since the Jan. 6 riot at the U.S. Capitol, said in a security briefing for Vice President Mike Pence that the FBI remains concerned about the potential for violence at protests and rallies in Washington and in state capitols around the country.


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President-elect Joe Biden unveiled a $1.9 trillion coronavirus plan Thursday to end “a crisis of deep human suffering” by speeding up vaccines and pumping out financial help to those struggling with the pandemic’s prolonged economic fallout.

Called the “American Rescue Plan,” the legislative proposal would meet Biden’s goal of administering 100 million vaccines by the 100th day of his administration, and advance his objective of reopening most schools by the spring. On a parallel track, it delivers another round of aid to stabilize the economy while the public health effort seeks the upper hand on the pandemic.