Joe Biden became the 46th president of the United States

By: Miguel A. Rodriguez

12:55, 09 November 2020

1604918597.jpg
Democrats may have won the election, but they’re facing a divided America

The 2020 US election has been like none we've ever seen in the past. Record turnout, a global pandemic, and a deeply divided nation. After the victory, Joe Biden, alongside his Vice President-elect Kamala Harris, held dual speeches, both calling for unity and optimism, marking a change in approach from the Trump era.

While the Democrats are ready to take over, the incumbent president Donald Trump is getting ready to boycott the results. As mentioned before, his campaign lawyers have launched multiple lawsuits claiming election fraud and demanding a recount. He is also planning to hold rallies to gain support for his fight over the election's result. However, from the experts' point of view, the outcome desired by Donald Trump is unlikely to happen. For today, President Trump has nothing scheduled, but Joe Biden will meet with a COVID-19 task force to assess the country's most significant problem for when he will take office in January.

After he officially comes into office, Mr. Biden is expected to reveal a series of executive and legislative orders to undo some controversial legislation approved during the Trump Administration. Some of the most critical issues that will be tackled include the abrogation of the "Muslim ban," rejoin the Paris Climate Agreement and the WHO. Moreover, he is to restart the DREAMers program and to review the deportation system.

Stay updated with CAPEX.com!

Sources: cbsnews.com, reuters.com

Share this article

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided.