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Trump only agreed to unlock Biden's transition when aides told him he didn't have to admit that he lost, report says

2 monthes ago   |   By Business Insider

President Donald Trump golfs at Trump National Golf Club on November 22, 2020 in Sterling, Virginia.
Tasos Katopodis/Getty Images
President Donald Trump only unlocked the presidential transition process after being assured he wouldn't have to concede defeat, The New York Times reported .
Despite losing the election more than two weeks ago to Joe Biden, Trump refused to admit that he lost, instead alleging without evidence that his victory was stolen by fraud.
Trump's statement on allowing the transition to take place emphasized heavily that he does not accept defeat.
Some advisors believe...
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Global stocks jump as Trump authorizes Biden's presidential transition process to begin

Global stocks jump as Trump authorizes Biden's presidential transition process to begin

2 monthes ago   |   By Business Insider

Summary List Placement
Global stocks jumped on Tuesday after Donald Trump authorized President-elect Joe Biden's presidential transition process to begin.
Trump took a significant step toward acknowledging the election result on Monday evening, but is still convinced he and his allies can continue to contest the outcome.
Biden's planned nomination for former Federal Reserve chair Janet Yellen as Treasury Secretary is another key driver boosting market sentiment.
AstraZeneca's vaccine is helping drive oil prices to their highest levels since March.
Visit Business Insider's homepage for more...
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Global stocks jump as Trump authorizes Biden's presidential transition process to begin

2 monthes ago   |   By Business Insider

Lucas Jackson/Reuters
Global stocks jumped on Tuesday after Donald Trump authorized President-elect Joe Biden's presidential transition process to begin. Trump took a significant step toward acknowledging the election result on Monday evening, but is still convinced he and his allies can continue to contest the outcome. Biden's planned nomination for former Federal Reserve chair Janet Yellen as Treasury Secretary is another key driver boosting market sentiment. AstraZeneca's vaccine is helping drive oil prices to their highest levels since March. Visit Business Insider's homepage for more...
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Global shares mostly rise on virus vaccines, Yellen hopes

Global shares mostly rise on virus vaccines, Yellen hopes

2 monthes ago   |   By Stl Today

TOKYO - Global shares were mostly higher Tuesday, encouraged by news on the development of coronavirus vaccines and more assurance of a transition of power in the U.S. to President-elect Joe Biden.
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Yellen Reportedly Tapped To Become Treasury Secretary

2 monthes ago   |   By NPR

President-elect Joe Biden reportedly plans to nominate Janet Yellen to be Treasury secretary. She would be the first woman to hold the job if confirmed
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Treasury yields rise as Biden transition process begins

2 monthes ago   |   By CNBC

U.S. Treasury yields advanced on Tuesday after President Donald Trump accepted that President-elect Joe Biden's transition into the White House must begin.
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