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
This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation or the particular needs of any recipient.
You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.
This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent. Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of za.capex.com
JME Financial Services (Pty) Ltd trading as ZA.CAPEX.COM acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via ZA.CAPEX.COM, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15. Magnasale Trading Ltd is the principal to the CFD purchased by investors.