Joe Biden pitched himself as the one who can heal America’s political and cultural divisions.
Now he’ll get his chance.
“To make progress, we must stop treating our opponents as our enemy. We are not enemies. We are Americans,” Biden told a cheering, honking crowd at a drive-in rally last night in Wilmington, Delaware, hours after he clinched the presidency, setting off celebrations across the U.S.
The president-elect — together with running mate Kamala Harris — promised swift action against the coronavirus and an orderly transfer of power, even as President Donald Trump refuses to concede.
There’s a lot Biden could do from the White House on day one, including rejoining the Paris climate agreement and the World Health Organization; ending a ban on immigration from several predominantly Muslim nations; and reversing Trump’s rollbacks of public health and environmental rules.
The obstacles to bringing the country together are immense. Trump — who doesn’t have to officially hand over power until January — continues to claim victory, repeating baseless allegations the election was stolen through widespread voter fraud and vowing further legal challenges. More than 70 million Americans did vote for him, and his support remained particularly strong in rural areas.
Still, Trump’s complaints have mostly been met with silence from Republican leaders in Congress. Inside the White House, as Justin Sink reports, the finger pointing has begun. Trump’s advisers are split on how far to take various legal fights.
So Trump’s next steps are unclear. In the meantime, the wheels of democracy grind on.
Tell us how we’re doing or what we’re missing at balancepower@bloomberg.net.
Election Headlines
How Trump lost | The president tried to convince enough voters of his vision of America — one where the coronavirus was disappearing; the economy was roaring back; Black and Hispanic Americans had never had it so good; suburban women cherished his protection; his enemies feared him; and Americans were clamoring for four more years. As Joshua Green reports, not enough of them bought it.
Sector-by-sector | Here’s a breakdown of how a Biden presidency may affect some two dozen U.S. industries and what might rise to the top of his agenda. A few giant tech companies — practically industries unto themselves — are included for good measure.
Covid action | Biden is set to name a 12-person virus task force tomorrow, signaling a muscular federal approach to the pandemic, as U.S. cases rose by more than 100,000 for the third straight day. But, as Tyler Pager and John Tozzi explain, while the president-elect can lay the groundwork for stronger action, he’ll have to wait until his inauguration on Jan. 20 to put any of those plans into place.
Seeking reset | World leaders congratulated Biden, while pressing for renewed collaboration on issues including Covid-19. Many mentioned climate change in their messages, suggesting the environment will be high on the list of early priorities. There’s been no official reaction so far from some countries who arguably benefited from the Trump presidency, including Saudi Arabia, Turkey and Russia. Mexico’s leader, a friend of Trump, said he was holding off for official results.
Shifting priorities | The Biden administration is expected to reverse course quickly on parts of Trump’s foreign policy agenda. NATO allies such as Germany won’t be berated so publicly, and adversaries like Russia won’t be showered in praise. But as David Wainer and Alberto Nardelli write, Biden will be constrained by probable continued Republican control of the Senate and won’t be able to sweep away concerns over America’s long-term reliability. He is also expected to keep a hard line on China.
What to Watch
- The unresolved status of Senate control means there are slim prospects for a major fiscal stimulus package before January.
- Contenders are emerging for top economic posts in Biden’s administration, including Federal Reserve Governor Lael Brainard for Treasury secretary and economist Heather Boushey for director of the National Economic Council. Click here for more.
And finally ... The daughter of an Indian immigrant and a Jamaican-born father, Harris is racking up a long list of firsts as vice president-elect: first woman, first Black person, first Indian-American. But as Ryan Teague Beckwith explains, a key question is whether those firsts will be the start of a sea change on gender and race relations.
— With assistance by Michael Winfrey
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