Business and World Leaders Move On as Trump Fights to Reverse Election

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 115 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 49%
  • Publisher: 59%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

WASHINGTON -- Inside the wrought-iron fences that surround the 18-acre White House complex, the 2020 election rages on, with President Donald Trump angrily refusing to concede. But the rest of the world -- and President-elect Joe Biden -- is moving on.The leaders of Western Europe have called Biden, as has the president of the world's rising superpower, Xi Jinping of China. PayPal's chief executive extended his 'warmest congratulations to President-Elect Joe Biden, who will become the 46th president of the U.S.A.' The Boeing Corp., which benefited from Trump's demands for big-ticket defense items, issued a statement Friday saying, 'We look forward to working with the Biden administration.'It is as if the vast machinery of diplomacy, business and lobbying has suddenly been recalibrated for the Biden era. Trump, by far the dominant world figure for the past four years, is increasingly treated as irrelevant.Sign up for The Morning newsletter from the New York TimesBank trade groups have begun meeting with Biden aides in anticipation of new fights over regulation. Foreign diplomats assuming a sharp turn in U.S. foreign policy are retooling their agendas. Corporate executives, who are usually allergic to political statements, are saying out loud what most of Trump's supporters have so far refused to acknowledge.'Vice President Biden was fairly elected as our next president, and it's time for the transition to proceed,' said Larry Merlo, the chief executive of CVS Health.Biden is seizing the moment, not to aggressively confront the president he defeated but to act presidential in his stead. Even as he demands that an orderly transfer of power be allowed to begin, the president-elect is proceeding as if the political drama created by Trump amounts to little more than noise -- or what his new chief of staff called the 'hysterics' of a lame-duck president.A senior Biden official called Trump's intransigence irritating, but aides said they were not alarmed. They have become r

9 min read

President Donald Trump leaves the White House briefing room in Washington on Friday, Nov. 20, 2020, after speaking to reporters. Bank trade groups have begun meeting with Biden aides in anticipation of new fights over regulation. Foreign diplomats assuming a sharp turn in U.S. foreign policy are retooling their agendas. Corporate executives, who are usually allergic to political statements, are saying out loud what most of Trump’s supporters have so far refused to acknowledge.

Directing his sprawling transition remotely from his home in Delaware, Biden and his aides are moving swiftly to set up the next administration by announcing senior members of his White House staff and moving on to nominating Cabinet secretaries next week. Policy experts are developing plans for what Biden can do as soon as he is inaugurated.

On Thursday, the president-elect hosted a virtual meeting with five Democratic governors and five Republican governors in an effort to demonstrate the need for bipartisan cooperation, especially on the pandemic. After the meeting, Biden said he was encouraged that the Republican state leaders seemed eager to work together.

The swing from Trump to Biden is particularly obvious on the world stage, where both allies and adversaries are doing an about-face. “People are assuming that the U.S. is a constitutional democracy,” he said. Europeans are watching the court challenges and the efforts to throw the election into Congress, but most have no idea what happened in 1800 or 1876, when the presidency was decided there. “But if you do,” said Heisbourg, a student of American history, “you wonder a little — just a little.”

Scott Kirby, the chief executive of United Airlines, reached out to the Biden campaign that evening and offered to work with the new administration to combat the pandemic and kick-start the economy. “While there will always be differences in any country as large and diverse as the United States, I continue to believe that there is far more that unites us than divides us,” Kirby said in a letter to Biden and Vice President-elect Kamala Harris.

JPMorgan Chase’s chief executive, Jamie Dimon, has said it bluntly: “We had an election. We have a new president. We should have unity to that.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Both can't be winners and only one wins and the other loses. You have to accept the peoples' verdict and that's ultimate. Don't waste time with Rudy he is misleading you.

Give it up Trump....give it up

You made us listen to three years of phony Russian collusion and it was a lie. why should we believe Yahoo news about anything anymore?

Not 'reverse'

Goooooo away trump!

Singapore Singapore Latest News, Singapore Singapore Headlines