12:26
Trump nominates Bessent to be US treasury secretary
President-elect Donald Trump picked prominent investor Scott Bessent to take on the role of U.S. treasury secretary.
'Bring down the temperature,' Biden urges Americans after Trump's US election win
Reuters
Joe Biden said Tuesday's election had proven the integrity of the U.S. electoral system and pledged an orderly transfer of power - an implicit rebuke of Trump, who sought to overturn his 2020 defeat to Biden and raised baseless claims of fraud during this year's campaign as well.
"Something I hope we can do no matter who you voted for is see each other not as adversaries but as fellow Americans, bring down the temperature," Biden said. "I also hope we can lay to rest the question about the integrity of the American electoral system. It is honest, it is fair, and it is transparent. And it can be trusted, win or lose."
Biden invited Trump to come meet at the White House -- a courtesy Trump did not offer to Biden in 2020 -- and Trump's campaign said the president-elect would go. In the weeks ahead, Trump will select personnel to serve under his leadership.
Some Democrats have blamed Biden, 81, for Harris' defeat, saying he should not have sought reelection. Biden only dropped his reelection bid in July after a disastrous TV debate with Trump raised alarm bells about his mental fitness.
14:34
Mexico's Sheinbaum asks Trump for dialogue, respect for sovereignty after victory
Mexican President Claudia Sheinbaum congratulated Donald Trump on his election victory, calling for dialogue and respect for sovereignty. She expressed confidence in strong U.S.-Mexico relations and reassured the public despite market instability.
13:54
Musk's ties to Trump will reverberate through Tesla, other interests
Elon Musk stands to gain from his ties to President-elect Trump, with Tesla shares surging post-election. Trump's policies, including deregulation and tariffs on Chinese imports, could benefit Musk’s businesses, including Tesla and SpaceX.
13:06
Under Trump, a unified Congress could push through tax and spending cuts
Trump's Republicans are set to gain control of Congress, pushing an agenda of tax cuts, border security, and deregulation. However, their plan could add trillions to the national debt, challenging their goal of reducing the $35 trillion deficit.
12:51
Trump win to test limit of presidential power; Harris concedes but vows to 'fight'
Donald Trump secured a sweeping victory in the 2024 election, defeating Vice President Kamala Harris in a polarizing race. Despite facing multiple criminal charges, Trump’s campaign resonated with voters demanding change, positioning him for a return to the White House on January 20.
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