Page 5 - Us Presidential Election

From a sullen man 4 yrs back to victory; Donald Trump's remarkable journey

Four years back, Donald J Trump was a sullen man after he lost the presidential race to Joe Biden and left the White House with an uncertain political future. And when a violent mob, mostly his supporters, stormed the US Capitol weeks later, it appeared an end to the Republican leader's political career. Four years later, the 78-year-old Republican made an unprecedented and forceful political comeback in American history by winning a second term in the White House in a bitter contest with Democratic leader Kamala Harris. That too, after being convicted of a felony and surviving two assassination attempts. "It is one of the biggest political comebacks in American history," said Capitol Hill veteran and Communication Strategist Anang Mittal. In March, Trump received his party's nomination and it was formalised at the Republican National Convention (RNC) in July after remaining in the political wilderness for months following several court cases. In effect, he became the first forme

Biden, Kamala Harris, call Trump, congratulate him on his victory in polls

Vice President Kamala Harris on Wednesday conceded defeat in the US presidential election as she called up President-elect Donald Trump and congratulated on his victory. Trump won the US presidential election for a second term, handing a shock defeat to Harris, in one of the most remarkable comebacks in American electoral history after he was evicted from power four years back. Harris "called President-elect Trump to congratulate him on winning the 2024 presidential election," CNN reported, quoting an official in Harris' team. She discussed the importance of a peaceful transfer of power and being a president for all Americans, it said. Trump is the first president after Grover Cleveland 132 years ago to be evicted from the White House and return to it again four years later. Harris is expected to address her supporters a few hours later.

President-elect Trump's transition starts now. Here's how it will work

Donald Trump's impending return to the White House means he'll want to stand up an entirely new administration from the one that served under President Joe Biden. His team is also pledging that the second won't look much like the first one Trump established after his 2016 victory. The president-elect now has a 75-day transition period to build out his team before Inauguration Day arrives on January 20. One top item on the to-do list: filling around 4,000 government positions with political appointees, people who are specifically tapped for their jobs by Trump's team. That includes everyone from the secretary of state and other heads of Cabinet departments to those selected to serve part time on boards and commissions. Around 1,200 of those presidential appointments require Senate confirmation, which should be easier with the Senate now shifting to Republican control. Here's what to expect: What will the transition look like? Though the turnover in the new administration will be to

Trump Media suffers $19.2 million Election Day loss, shares surge higher

The parent company of Donald Trump's social networking site Truth Social lost USD 19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidency. Trump Media and Technology Group reported late Tuesday that much of that loss stemmed from more than USD 12 million in legal fees, along with a decline in revenue, according to the surprise Election Day earnings report. Its stock price surged Wednesday but that was more likely due to Trump's defeat of Vice President Kamala Harris to retake the presidency than on its profit prospects. Trump created the company after he was banned from Twitter and Facebook following the January 6, 2021, Capitol riot. Based in Sarasota, Florida, it has been losing money and struggling to raise revenue. Revenue for the three-month period that ended on September 30 was just over USD 1 million, down nearly 6 per cent from a year earlier. Trump Media, based in Sarasota, Florida, has lost more than USD 363 ..

JPMorgan CEO to remain at bank, has no plans to join Trump admin: Report

Dimon, 68, has been the subject of repeated speculation in recent weeks as a candidate for Treasury secretary by both Republicans and Democrats

US presidential election outcome also verdict on Biden: Former Indian envoy

With Donald Trump elected president of the US, riding a historic political comeback, a former Indian diplomat on Wednesday said the election outcome is also a verdict on incumbent President Joe Biden. The 78-year-old Republican leader won the US presidency for a second term, trouncing his Democratic rival Kamala Harris in a bitterly-fought election. While the formal Inauguration ceremony at the White House is still nearly two months away, India's former ambassador to Italy, K P Fabian, suggested that Trump would like the "Ukraine war to be over". Asked about the outcome of the US election, Fabian said, "Though Kamala Harris was the candidate, it was also a verdict on (Joe) Biden. Because, she was the Vice President and Biden nominated her. So, partly, she was carrying the Biden burden in respect of the economy." And, with prices going up, especially of gas, and for Americans who roam all round in their cars, this is very important, he said. Many US voters counted immigration, bord

Frustrated Democrats blame Biden for Hariss' US presidential election loss

Biden, 81, has said privately he thought he was the only Democrat who could beat Trump, and vowed publicly that he was fit to be president for another four years

Here's what President-elect Donald Trump is planning for mass deportation

Trump defeated Democrat Kamala Harris in a stunning political comeback, Edison Research projected, telling supporters America had given him an "unprecedented and powerful mandate."

Bitcoin hits record as traders bet Trump's victory will boost crypto

The price of bitcoin hit a new high on Wednesday as investors bet that former President Donald Trump's victory in the US presidential election will be a boon for cryptocurrencies. Bitcoin jumped nearly 8% to a record $75,345 in early trading, before falling back to about $73,500. Trump was previously a crypto sceptic but changed his mind and took a favourable view of cryptocurrencies ahead of the election. He pledged to make America "the crypto capital of the planet" and create a strategic reserve of bitcoin. His campaign accepted donations in cryptocurrency and he courted crypto fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies. Bitcoin is the one asset that was always going to soar if Trump returned to the White House," said Russ Mould, investment director at AJ Bell, a British online investment platform. After touching its new high, the market is now speculating about when, not if, it will

Trump's US presidential election victory casts shadow over Federal Reserve

In his campaign, Trump promised to wield tariffs more aggressively against US trading partners, deport millions of undocumented immigrants and extend his 2017 tax cuts

Global CEOs confront new era with Donald Trump win, risk of tariffs

CEO Harald Fotland answered with a warning: "We will see more protectionism, and that might be an issue for exports out of the US."

Elon Musk is about to find out what $130 million for Donald Trump gets him

"He's a character. He's a special guy. He's a super genius," Trump said of Musk while addressing his supporters overnight. "We have to protect our geniuses. We don't have that many of them."

Trump's triumph stokes global concerns over four years of unpredictability

Despite a lack of substantive foreign policy debate in campaign, Trump made several statements that - if turned into policy - would transform America's relationship with both allies and adversaries

JD Vance, Trump's running mate, to be one of US' youngest vice presidents

US' 50th vice president will be sworn in just two years after assuming his first public office as a senator from Ohio

America hires strongman: Donald Trump wins US presidential election

Unlike in 2016, when he scored a surprise electoral victory but lost the popular vote, Mr. Trump will go to Washington able to claim a broad mandate

Israeli govt celebrates Donald Trump's US presidential election triumph

Congratulating Republican Trump, Netanyahu said the former president had made "history's greatest comeback"

'Will pay you back and do the best job': Top Trump quotes after victory

Trump will become the first defeated President in 132 years to win another term

Trump is back! Impact on H-1B, EB-5 visas, & green card aspirations decoded

Indians, who largely use legal routes like the H-1B for work or F-1 for study, may find new opportunities in the US, say experts

Gold slips as dollar surges on Trump win, investors keep eyes on Fed

"Gold will be torn between the risk of rising inflation, potentially slowing the pace of US rate cuts, as tariffs are rolled out and continued demand for safe haven assets," said Ole Hansen, head

Congress congratulates Trump, Rahul wishes him success in second term

The Congress on Wednesday congratulated Donald Trump on his presidential polls victory, with party chief Mallikarjun Kharge saying "we look forward to working closely with the United States for global peace and prosperity". Leader of Opposition in the Lok Sabha Rahul Gandhi also congratulated Trump and wished success to him in his second term. "Congratulations on your victory, @realDonaldTrump! Wishing you success in your second term as US President. All the best to @KamalaHarris in her future endeavours," Gandhi said on X. Former President Trump is projected to win the US presidency for a second term in one of the greatest political comebacks in American history, cruising past his Democratic rival Kamala Harris. In a post on X, Kharge said, "On the behalf of the Indian National Congress, we extend our congratulations and best wishes to President @realDonaldTrump for his election victory." India and the United States share a robust comprehensive global strategic partnership, ...